Attached files
| file | filename |
|---|---|
| EX-32.1 - EX-32.1 - ARDELYX, INC. | ardx-20171231ex321ca791e.htm |
| EX-31.2 - EX-31.2 - ARDELYX, INC. | ardx-20171231ex312b05b65.htm |
| EX-31.1 - EX-31.1 - ARDELYX, INC. | ardx-20171231ex3115f8cbe.htm |
| EX-23.1 - EX-23.1 - ARDELYX, INC. | ardx-20171231ex23103c5af.htm |
| EX-21.1 - EX-21.1 - ARDELYX, INC. | ardx-20171231ex2112a7583.htm |
| EX-10.36 - EX-10.36 - ARDELYX, INC. | ardx-20171231ex103695c56.htm |
| EX-10.35 - EX-10.35 - ARDELYX, INC. | ardx-20171231ex10353fabf.htm |
| 10-K - 10-K - ARDELYX, INC. | ardx-20171231x10k.htm |
Exhibit 12.1
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratio of earnings to fixed charges for each of the periods indicated (in thousands):
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Year Ended December 31, |
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|
2017 |
|
2016 |
|
2015 |
|
2014 |
|
2013 |
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Earnings (losses): |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss before income taxes |
|
$ |
(63,160) |
|
$ |
(112,387) |
|
$ |
(29,650) |
|
$ |
(3,147) |
|
$ |
(6,423) |
|
Add back: Fixed Charges |
|
|
433 |
|
|
367 |
|
|
300 |
|
|
187 |
|
|
259 |
|
Adjusted loss |
|
$ |
(62,727) |
|
$ |
(112,020) |
|
$ |
(29,350) |
|
$ |
(2,960) |
|
$ |
(6,164) |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed charges: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
Estimated interest component of rent |
|
|
433 |
|
|
367 |
|
|
300 |
|
|
187 |
|
|
259 |
|
Total fixed charges |
|
$ |
433 |
|
$ |
367 |
|
$ |
300 |
|
$ |
187 |
|
$ |
259 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges(1) |
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|
N/A |
|
|
N/A |
|
|
N/A |
|
|
N/A |
|
|
N/A |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deficiency of earnings to fixed charges |
|
$ |
62,727 |
|
$ |
112,020 |
|
$ |
29,350 |
|
$ |
2,960 |
|
$ |
6,164 |
|
(1) |
The company has never generated earnings to cover fixed charges. |