Attached files

file filename
10-K - TRANSWITCH CORP /DEv214667_10k.htm
EX-11.1 - TRANSWITCH CORP /DEv214667_ex11-1.htm
EX-21.1 - TRANSWITCH CORP /DEv214667_ex21-1.htm
EX-23.1 - TRANSWITCH CORP /DEv214667_ex23-1.htm
EX-31.2 - TRANSWITCH CORP /DEv214667_ex31-2.htm
EX-32.1 - TRANSWITCH CORP /DEv214667_ex32-1.htm
EX-31.1 - TRANSWITCH CORP /DEv214667_ex31-1.htm
EX-32.2 - TRANSWITCH CORP /DEv214667_ex32-2.htm
EX-23.2 - TRANSWITCH CORP /DEv214667_ex23-2.htm
Exhibit 12.1

Computation of
Ratio of Earnings to Fixed Charges

    
Year Ended December 31,
 
(amounts in thousands)
 
2010
   
2009
   
2008
   
2007
   
2006
 
                               
 
                             
Loss before income taxes
  $ (3,633 )   $ (11,166 )   $ (16,556 )   $ (19,429 )   $ (10,742 )
                                         
Plus fixed charges:
                                       
Interest expense
    460       577       1,374       2,070       2,047  
Amortization of costs related to indebtedness
    244       210       567       1,536       2,308  
Estimated interest factor in rent expense (1)
    450       501       660       512       482  
Total Fixed Charges
    1,154       1,288       2,601       4,118       4,837  
Adjusted loss
    (2,479 )     (9,878 )     (13,955 )     (15,311 )     (5,905 )
Fixed charges
    1,154       1,288       2,601       4,118       4,837  
Deficiency in earnings to cover fixed charges
  $ (3,633 )   $ (11,166 )   $ (16,556 )   $ (19,429 )   $ (10,742 )
                                         
Ratio of earnings to fixed charges
    *       *       *       *       *  

* Calculation not meaningful as ratio is less than 1.
(1) The interest factor in rent expense is estimated as one-third of rental expense.