Attached files
file | filename |
---|---|
10-K - TRANSWITCH CORP /DE | v214667_10k.htm |
EX-11.1 - TRANSWITCH CORP /DE | v214667_ex11-1.htm |
EX-21.1 - TRANSWITCH CORP /DE | v214667_ex21-1.htm |
EX-23.1 - TRANSWITCH CORP /DE | v214667_ex23-1.htm |
EX-31.2 - TRANSWITCH CORP /DE | v214667_ex31-2.htm |
EX-32.1 - TRANSWITCH CORP /DE | v214667_ex32-1.htm |
EX-31.1 - TRANSWITCH CORP /DE | v214667_ex31-1.htm |
EX-32.2 - TRANSWITCH CORP /DE | v214667_ex32-2.htm |
EX-23.2 - TRANSWITCH CORP /DE | v214667_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.