Attached files

file filename
10-K - 10-K - Eledon Pharmaceuticals, Inc.d227183d10k.htm
EX-31.2 - EX-31.2 - Eledon Pharmaceuticals, Inc.d227183dex312.htm
EX-23.1 - EX-23.1 - Eledon Pharmaceuticals, Inc.d227183dex231.htm
EX-31.1 - EX-31.1 - Eledon Pharmaceuticals, Inc.d227183dex311.htm
EX-32.1 - EX-32.1 - Eledon Pharmaceuticals, Inc.d227183dex321.htm
EX-99.1 - EX-99.1 - Eledon Pharmaceuticals, Inc.d227183dex991.htm
EX-32.2 - EX-32.2 - Eledon Pharmaceuticals, Inc.d227183dex322.htm

Exhibit 12.1

CALCULATION OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES AND CONSOLIDATED RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(dollars in thousands)

 

     For Years Ended December 31,  
     2015     2014     2013     2012  

Earnings (loss):

        

Net Loss

   $ (45,087   $ (23,296   $ (15,819   $ (9,683

add: Fixed charges (see below)

     278        173        122        114   
  

 

 

   

 

 

   

 

 

   

 

 

 
   $ (44,809   $ (23,123   $ (15,697   $ (9,569

Fixed charges:

        

Interest expense on portion of rent expense representative of interest

   $ 278      $ 173      $ 122      $ 114   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 278      $ 173      $ 122      $ 114   

Consolidated ratios of earnings to fixed charges (1)

     N/A        N/A        N/A        N/A   
  

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings available to cover fixed charges

   $ (45,087   $ (23,296   $ (15,819   $ (9,683
  

 

 

   

 

 

   

 

 

   

 

 

 

Accretion of redeemable convertible preferred stock to redemption value

   $ —        $ —        $ (94   $ (34
  

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated ratios of earnings to combined fixed charges and preferred stock
dividends (2)

     N/A        N/A        N/A        N/A   
  

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings available to cover combined fixed charges and preferred stock dividends

   $ (45,087   $ (23,296   $ (15,913   $ (9,717
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) We did not record earnings for the years ended December 31, 2015, 2014, 2013 and 2012. Accordingly, our earnings were insufficient to cover fixed charges for such periods, and we are unable to disclose a ratio of earnings to fixed charges for such periods.
(2) We did not record earnings for the years ended December 31, 2015, 2014, 2013 and 2012. Accordingly, our earnings were insufficient to cover fixed charges and preferred stock dividends for such periods, and we are unable to disclose a ratio of earnings to combined fixed charges and preferred stock dividends for such periods.