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10-K - 10-K - Invitae Corpnvta-10k_20171231.htm
EX-32.2 - EX-32.2 - Invitae Corpnvta-ex322_10.htm
EX-32.1 - EX-32.1 - Invitae Corpnvta-ex321_13.htm
EX-31.2 - EX-31.2 - Invitae Corpnvta-ex312_12.htm
EX-31.1 - EX-31.1 - Invitae Corpnvta-ex311_9.htm
EX-23.1 - EX-23.1 - Invitae Corpnvta-ex231_7.htm
EX-21.1 - EX-21.1 - Invitae Corpnvta-ex211_148.htm

Exhibit 12.1

INVITAE CORPORATION

STATEMENT REGARDING COMPUTATION OF RATIOS

(in thousands)

 

 

 

For the years ended December 31,

 

 

 

2013

 

 

2014

 

 

2015

 

 

2016

 

 

2017

 

Earnings (deficiency):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss before provision for income taxes

 

$

(24,838

)

 

$

(47,492

)

 

$

(89,782

)

 

$

(100,256

)

 

$

(125,236

)

Fixed charges, as calculated below

 

 

265

 

 

 

330

 

 

 

779

 

 

 

2,512

 

 

 

6,256

 

Earnings (deficiency)

 

$

(24,573

)

 

$

(47,162

)

 

$

(89,003

)

 

$

(97,744

)

 

$

(118,980

)

Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

59

 

 

 

61

 

 

 

207

 

 

 

412

 

 

 

3,163

 

Amortization of debt issuance cost

 

 

 

 

 

 

 

 

4

 

 

 

9

 

 

 

491

 

Estimated interest portion of rental expense

 

 

206

 

 

 

269

 

 

 

568

 

 

 

2,091

 

 

 

2,602

 

Total fixed charges

 

$

265

 

 

$

330

 

 

$

779

 

 

$

2,512

 

 

$

6,256

 

Ratio of earnings to fixed charges (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Our earnings were inadequate to cover fixed charges for the year ended December 31, 2013, 2014, 2015, 2016 and 2017 by $24.8 million, $47.5 million, $89.8 million, $100.3 million and $125.2 million, respectively.