Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - OMEROS CORPFinancial_Report.xls
10-Q - FORM 10-Q - OMEROS CORPd234367d10q.htm
EX-32.1 - SECTION 906 PRINCIPAL EXECUTIVE OFFICER CERTIFICATION - OMEROS CORPd234367dex321.htm
EX-32.2 - SECTION 906 PRINCIPAL FINANCIAL OFFICER CERTIFICATION - OMEROS CORPd234367dex322.htm
EX-31.1 - SECTION 302 PRINCIPAL EXECUTIVE OFFICER CERTIFICATION - OMEROS CORPd234367dex311.htm
EX-31.2 - SECTION 302 PRINCIPAL FINANCIAL OFFICER CERTIFICATION - OMEROS CORPd234367dex312.htm

Exhibit 12.1

Omeros Corporation

Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges

 

     For the
nine months
ended
September 30,

2011
    Year Ended December 31,  
     2010     2009     2008     2007     2006  
     (in thousands, except share data)  

Earnings before fixed charges:

            

Loss from continuing operations before income taxes

   $ (18,345   $ (29,251   $ (21,089   $ (23,827   $ (23,091   $ (22,777

Add fixed charges

     1,551        2,104        2,596        834        697        692   

Add amortization of capitalized interest

     —          —          —          —          —          —     

Add distributed income of equity investees

     —          —          —          —          —          —     

Subtract capitalized interest

     —          —          —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Loss before fixed charges

   $ (16,794   $ (27,147   $ (18,493   $ (22,993   $ (22,394   $ (22,085
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed Charges:

            

Interest expense

   $ 1,102      $ 1,328      $ 1,948      $ 280      $ 151      $ 91   

Amortization of debt expense

     246        503        254        55        —          —     

Estimate of interest expense within rental expense

     203        273        394        499        546        601   

Preference security dividend requirements of consolidated subsidiaries

     —          —          —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 1,551      $ 2,104      $ 2,596      $ 834      $ 697      $ 692   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings available to cover fixed charges

     (18,345     (29,251     (21,089     (23,827     (23,091     (22,777