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EXCEL - IDEA: XBRL DOCUMENT - PROGENICS PHARMACEUTICALS INCFinancial_Report.xls
10-Q - FORM 10-Q - PROGENICS PHARMACEUTICALS INCform10_q06302014.htm
EX-32 - EXHIBIT 32 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex3206302014.htm
EX-31.1 - EXHIBIT 31.1 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex31_106302014.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATION - PROGENICS PHARMACEUTICALS INCex31_206302014.htm
Exhibit 12.1
 
Progenics Pharmaceuticals, Inc.
Ratio of Earnings (Loss) to Combined Fixed Charges and Preferred Stock Dividends
(in thousands)
 
 
 
Six Months
Ended
June 30,
   
Years Ended December 31,
 
 
 
2014
   
2013
   
2012
   
2011
   
2010
   
2009
 
Determination of earnings (loss):
 
   
   
   
   
   
 
Income (loss) from operations
 
$
(20,386
)
 
$
(42,934
)
 
$
(35,431
)
 
$
10,381
   
$
(69,820
)
 
$
(30,612
)
Add:
                                               
Fixed charges
   
187
     
710
     
410
     
695
     
709
     
555
 
 
                                               
Earnings (loss), as adjusted
   $
(20,199
)
 
$
(42,224
)
 
$
(35,021
)
 
$
11,076
   
$
(69,111
)
 
$
(30,057
)
 
                                               
Fixed charges:
                                               
 
                                               
Estimate of interest within rental expense
   
187
     
710
     
410
     
695
     
709
     
555
 
 
                                               
Fixed charges
 
$
187
   
$
710
   
$
410
   
$
695
   
$
709
   
$
555
 
 
                                               
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)
 
$
20,386
   
$
42,934
   
$
35,431
   
$
-
   
$
69,820
   
$
30,612
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
For the years ended 2009, 2010, 2012 and 2013 and for the six months ended June 30, 2014, 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.