Exhibit 12.1

 

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine

 

 

 

 

 

 

 

 

 

 

 

 

 

Months

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended

 

 

 

Year Ended December 31,

 

September 30,

 

 

 

2000

 

2001

 

2002

 

2003

 

2004

 

2005

 

 

 

(in thousands)

 

Loss from Continuing Operations

 

$

(25,360

)

$

(23,805

)

$

(37,030

)

$

(41,197

)

$

(56,255

)

$

(36,363

)

Fixed charges

 

1,120

 

982

 

1,028

 

1,698

 

1,487

 

1,020

 

Earnings/(loss) (as defined)

 

(24,240

)

(22,823

)

(36,002

)

(39,499

)

(54,768

)

(35,343

)

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

933

 

$

802

 

$

870

 

$

576

 

$

324

 

$

194

 

Estimated interest within rent expense

 

187

 

180

 

158

 

1,122

 

1,163

 

826

 

Total fixed charges

 

1,120

 

982

 

1,028

 

1,698

 

1,487

 

1,020

 

Deficiency of earnings available to cover fixed charges

 

$

(25,360

)

$

(23,805

)

$

(37,030

)

$

(41,197

)

$

(56,255

)

$

(36,363

)

Ratio of earnings to fixed charges*

 

 

 

 

 

 

 

 


* Because of the deficiency of earnings available to cover fixed charges, the ratio information is not applicable.