Attached files
| file | filename |
|---|---|
| 10-K - TRANSWITCH CORP /DE | v177253_10k.htm |
| EX-10.23 - TRANSWITCH CORP /DE | v177253_ex10-23.htm |
| EX-10.21 - TRANSWITCH CORP /DE | v177253_ex10-21.htm |
| EX-10.22 - TRANSWITCH CORP /DE | v177253_ex10-22.htm |
| EX-31.2 - TRANSWITCH CORP /DE | v177253_ex31-2.htm |
| EX-32.1 - TRANSWITCH CORP /DE | v177253_ex32-1.htm |
| EX-23.1 - TRANSWITCH CORP /DE | v177253_ex23-1.htm |
| EX-32.2 - TRANSWITCH CORP /DE | v177253_ex32-2.htm |
| EX-31.1 - TRANSWITCH CORP /DE | v177253_ex31-1.htm |
| EX-21.1 - TRANSWITCH CORP /DE | v177253_ex21-1.htm |
| EX-11.1 - TRANSWITCH CORP /DE | v177253_ex11-1.htm |
Exhibit
12.1
Computation
of
Ratio of
Earnings to Fixed Charges
|
Year Ended December 31,
|
||||||||||||||||||||
|
(amounts in thousands)
|
2009
|
2008
|
2007
|
2006
|
2005
|
|||||||||||||||
|
Loss
before income taxes
|
||||||||||||||||||||
| $ | (11,166 | ) | $ | (16,556 | ) | $ | (19,429 | ) | $ | (10,742 | ) | $ | (23,445 | ) | ||||||
|
Plus
fixed charges:
|
||||||||||||||||||||
|
Interest
expense
|
577 | 1,374 | 2,070 | 2,047 | 4,623 | |||||||||||||||
|
Amortization
of costs related to indebtedness
|
210 | 567 | 1,536 | 2,308 | 5,521 | |||||||||||||||
|
Estimated
interest factor in rent expense (1)
|
501 | 660 | 512 | 482 | 391 | |||||||||||||||
|
Total
Fixed Charges
|
1,288 | 2,601 | 4,118 | 4,837 | 10,535 | |||||||||||||||
|
Adjusted
loss
|
(9,878 | ) | (13,955 | ) | (15,311 | ) | (5,905 | ) | (12,910 | ) | ||||||||||
|
Fixed
charges
|
1,288 | 2,601 | 4,118 | 4,837 | 10,535 | |||||||||||||||
|
Deficiency
in earnings to cover fixed charges
|
$ | (11,166 | ) | $ | (16,556 | ) | $ | (19,429 | ) | $ | (10,742 | ) | $ | (23,445 | ) | |||||
|
Ratio
of earnings to fixed charges
|
* | * | * | * | * | |||||||||||||||
*
Calculation not meaningful as ratio is less than 1.
(1) The
interest factor in rent expense is estimated as one-third of rental
expense.