Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - IPASS INC | ipas-20170930x10q.htm |
| EX-32.2 - EXHIBIT 32.2 - IPASS INC | ex-322q32017.htm |
| EX-32.1 - EXHIBIT 32.1 - IPASS INC | ex-321q32017.htm |
| EX-31.2 - EXHIBIT 31.2 - IPASS INC | ex-312q32017.htm |
| EX-31.1 - EXHIBIT 31.1 - IPASS INC | ex-311q32017.htm |
Exhibit 12.1
IPASS INC.
STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
Our earnings were insufficient to cover fixed charges for the nine months ended September 30, 2017, and each of the years ended December 31, 2016, 2015, 2014, 2013 and 2012. The following table sets forth our deficiency of earnings to cover fixed charges for the nine months ended September 30, 2017, and each of the years ended December 31, 2016, 2015, 2014, 2013 and 2012.
Nine Months Ended September 30, | Year Ended December 31, | |||||||||||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||||||||
Interest expense | $42 | $29 | $75 | $125 | $29 | $0 | ||||||||||||||||||||||||
Interest portion of rental expense | 187 | 263 | 312 | 398 | 486 | 565 | ||||||||||||||||||||||||
Total fixed charges | $229 | $292 | $387 | $523 | $515 | $565 | ||||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||||
Loss from continuing operations before income taxes | $ | (15,853 | ) | $ | (7,547 | ) | $ | (15,186 | ) | $ | (19,306 | ) | $ | (15,487 | ) | $ | (6,260 | ) | ||||||||||||
Fixed charges per above | 229 | 292 | 387 | 526 | 515 | 565 | ||||||||||||||||||||||||
Deficiency of earnings available to cover fixed charges | $ | (15,624 | ) | $ | (7,255 | ) | $ | (14,799 | ) | $ | (18,783 | ) | $ | (14,972 | ) | $ | (5,695 | ) | ||||||||||||
Ratio of earnings to fixed charges | — | — | — | — | — | — | ||||||||||||||||||||||||