Attached files

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EX-10.28 - EX-10.28 - CERUS CORPd100725dex1028.htm
EX-10.6 - EX-10.6 - CERUS CORPd100725dex106.htm
EX-31.2 - EX-31.2 - CERUS CORPd100725dex312.htm
EX-10.11 - EX-10.11 - CERUS CORPd100725dex1011.htm
EX-10.27 - EX-10.27 - CERUS CORPd100725dex1027.htm
EX-23.1 - EX-23.1 - CERUS CORPd100725dex231.htm
EX-31.1 - EX-31.1 - CERUS CORPd100725dex311.htm
EX-32.1 - EX-32.1 - CERUS CORPd100725dex321.htm
10-K - 10-K - CERUS CORPd100725d10k.htm
EX-21.1 - EX-21.1 - CERUS CORPd100725dex211.htm

Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(in thousands, except ratios)

The following table sets forth our ratio of earnings to fixed charges and our ratio of earnings to combined fixed charges and preferred stock dividends for the years ended December 31, 2015, 2014, 2013, 2012 and 2011. As the ratios of earnings to fixed charges and earnings to combined fixed charges and preferred stock dividends indicate less than one-to-one coverage for the years ended December 31, 2015, 2014, 2013, 2012 and 2011, we have provided the coverage deficiency amounts for those periods. Earnings are the sum of (i) loss from continuing operations before losses from equity affiliates, and (ii) fixed charges, less (i) interest capitalized. Fixed charges are the sum of (i) interest expensed and capitalized, (ii) amortization of capitalized expenses related to indebtedness, and (iii) estimate of interest within rental expense.

 

     Year Ended December 31,  
     2015     2014     2013     2012     2011  

Loss from continuing operations before income taxes

   $ (59,539   $ (38,560   $ (43,119   $ (15,675   $ (16,839

Plus: Fixed charges

     1,777        686        429        670        1,110   

Less: Interest capitalized

     55        85        123        624        1,039   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings, as adjusted

   $ (57,817   $ (37,959   $ (42,813   $ (15,629   $ (16,768
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed charges

     1,777        686        429        670        1,110   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 1,777      $ 686      $ 429      $ 670      $ 1,110   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     —          —          —          —          —     

Ratio of earnings to combined fixed charges and preferred stock dividends

     —          —          —          —          —     

Deficiency of earnings available to cover fixed charges

     (56,040     (37,273     (42,384     (14,959     (15,658
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings available to cover fixed charges and preferred stock dividends

   $ (56,040   $ (37,273   $ (42,384   $ (14,959   $ (15,658