Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - OMEROS CORPex322_20170630.htm
EX-32.1 - EXHIBIT 32.1 - OMEROS CORPex321_20170630.htm
EX-31.2 - EXHIBIT 31.2 - OMEROS CORPex312_20170630.htm
EX-31.1 - EXHIBIT 31.1 - OMEROS CORPex311_20170630.htm
EX-10.3 - EXHIBIT 10.3 - OMEROS CORPex103_20170603-1.htm
10-Q - 10-Q - OMEROS CORPomer-20170630x10q.htm


 
 
 
 
 
EXHIBIT 12.1
 
 
 
 
 
Omeros Corporation
Computation of Deficiency in the Coverage of Fixed Charges by Earnings Before Fixed Charges
 
 
 
 
 
For the six months ended
 
 
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
 
2012
 
(in thousands)
 
(in thousands)
Earnings before fixed charges:
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations before income taxes
$
(29,488
)
 
$
(66,745
)
 
$
(75,096
)
 
$
(73,673
)
 
$
(39,796
)
 
$
(38,444
)
Add fixed charges
7,158

 
16,697

 
8,295

 
6,824

 
5,621

 
2,305

Add amortization of capitalized interest

 

 

 

 

 

Add distributed income of equity investees

 

 

 

 

 

Subtract capitalized interest

 

 

 

 

 

Loss before fixed charges
$
(22,330
)
 
$
(50,048
)
 
$
(66,801
)
 
$
(66,849
)
 
$
(34,175
)
 
$
(36,139
)
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
5,001

 
$
6,359

 
$
2,709

 
$
2,710

 
$
1,865

 
$
1,355

Amortization of debt expense and loss from extinguishment of debt
385

 
7,055

 
2,177

 
759

 
502

 
374

Estimate of interest expense within rental expense
1,772

 
3,283

 
3,409

 
3,355

 
3,254

 
576

Preference security dividend requirements of consolidated subsidiaries

 

 

 

 

 

Total fixed charges
$
7,158

 
$
16,697

 
$
8,295

 
$
6,824

 
$
5,621

 
$
2,305

Deficiency of earnings available to cover fixed charges
$
(29,488
)
 
$
(66,745
)
 
$
(75,096
)
 
$
(73,673
)
 
$
(39,796
)
 
$
(38,444
)