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10-Q - PROGENICS FORM 10-Q 09/30/2012 - PROGENICS PHARMACEUTICALS INCform10_q09302012.htm
EXCEL - IDEA: XBRL DOCUMENT - PROGENICS PHARMACEUTICALS INCFinancial_Report.xls
EX-32 - PROGENICS EXHIBIT 32 09/30/2012 - PROGENICS PHARMACEUTICALS INCex3209302012.htm
EX-31.1 - PROGENICS EXHIBIT 31.1 09/30/2012 - PROGENICS PHARMACEUTICALS INCex31_109302012.htm
EX-31.2 - PROGENICS EXHIBIT 31.2 09/30/2012 - PROGENICS PHARMACEUTICALS INCex31_209302012.htm
Exhibit 12.1
 
Progenics Pharmaceuticals, Inc.
Ratio of Earnings (Loss) to Combined Fixed Charges and Preferred Stock Dividends
(in thousands)
 
 
 
Nine Months
Ended
September 30,
   
Years Ended December 31,
 
 
 
2012
   
2011
   
2010
   
2009
   
2008
   
2007
 
Determination of earnings (loss):
 
   
   
   
   
   
 
(Loss) income from operations
 
$
(35,107
)
 
$
10,381
   
$
(69,820
)
 
$
(30,612
)
 
$
(44,672
)
 
$
(43,688
)
Add:
                                               
Fixed charges
   
282
     
695
     
709
     
555
     
594
     
483
 
 
                                               
Earnings (loss), as adjusted
 
$
(34,825
)
 
$
11,076
   
$
(69,111
)
 
$
(30,057
)
 
$
(44,078
)
 
$
(43,205
)
 
                                               
Fixed charges:
                                               
 
                                               
Estimate of interest within rental expense
   
282
     
695
     
709
     
555
     
594
     
483
 
 
                                               
Fixed charges
 
$
282
   
$
695
   
$
709
   
$
555
   
$
594
   
$
483
 
 
                                               
Preferred stock dividends
 
$
-
   
$
-
   
$
-
   
$
-
   
$
-
   
$
-
 
 
                                               
 
                                               
Ratio of earnings (loss) to fixed charges and preferred stock dividends
   
*
     
16
     
*
     
*
     
*
     
*
 
Coverage deficiency amount for total fixed charges and preferred stock dividends (1)
 
$
35,107
   
$
-
   
$
69,820
   
$
30,612
   
$
44,672
   
$
43,688
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
For the years ended 2007 through 2010 and for the nine months ended September 30, 2012, the Company's coverage ratio is less than one-to-one and it must generate additional earnings of these specified amounts to achieve a coverage ratio of 1:1.