Attached files

file filename
10-Q - FORM 10-Q - PROGENICS PHARMACEUTICALS INCform10_q09302015.htm
EX-32 - EXHIBIT 32 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex3209302015.htm
EX-31.1 - EXHIBIT 31.1 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex31_109302015.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex31_209302015.htm
Exhibit 12.1
 
Progenics Pharmaceuticals, Inc.
Ratio of Earnings (Loss) to Combined Fixed Charges and Preferred Stock Dividends
(in thousands)
 
 
 
Nine Months
Ended
September 30,
   
Years Ended December 31,
 
 
 
2015
   
2014
   
2013
   
2012
   
2011
   
2010
 
Determination of earnings (loss):
 
   
   
   
   
   
 
Income (loss) from operations
 
$
(31,965
)
 
$
4,410
 
 
$
(42,934
)
 
$
(35,431
 
$
10,381
 
 
$
(69,820
)
Add:
                                               
Fixed charges
   
271
     
373
     
710
     
410
     
695
     
709
 
 
                                               
Earnings (loss), as adjusted
   $
(31,694
)
 
$
4,783
 
 
$
(42,224
)
 
$
(35,021
 
$
11,076
 
 
$
(69,111
)
 
                                               
Fixed charges:
                                               
 
                                               
Estimate of interest within rental expense
   
271
     
373
     
710
     
410
     
695
     
709
 
 
                                               
Fixed charges
 
$
271
   
$
373
   
$
710
   
$
410
   
$
695
   
$
709
 
 
                                               
Preferred stock dividends
 
$
-
   
$
-
   
$
-
   
$
-
   
$
-
   
$
-
 
 
                                               
 
                                               
Ratio of earnings (loss) to fixed charges and preferred stock dividends
   
*
     
13
     
*
     
*
     
16
     
*
 
Coverage deficiency amount for total fixed charges and preferred stock dividends (1)
 
$
31,965
   
$
-
   
$
42,934
   
$
35,431
   
$
-
   
$
69,820
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
For the years ended 2010, 2012, 2013 and for the nine months ended September 30, 2015, the Company's coverage ratio is less than one-to-one and it must generate additional earnings of these specified amounts to achieve a coverage ratio of 1:1.