Attached files
| file | filename |
|---|---|
| 8-K - 8-K - PLUG POWER INC | a16-21891_48k.htm |
Exhibit 12.1
|
|
|
Nine Months Ended |
|
Years Ended December 31, |
| |||||||||||||||||
|
|
|
2016 |
|
2015 |
|
2015 |
|
2014 |
|
2013 |
|
2012 |
|
2011 |
| |||||||
|
|
|
(in thousands) |
| |||||||||||||||||||
|
Loss before income taxes |
|
$ |
(38,668 |
) |
$ |
(30,490 |
) |
$ |
(55,690 |
) |
$ |
(88,813 |
) |
$ |
(63,080 |
) |
$ |
(31,862 |
) |
$ |
(27,454 |
) |
|
Add-Fixed charges |
|
6,382 |
|
1,202 |
|
2,089 |
|
675 |
|
475 |
|
256 |
|
13 |
| |||||||
|
Loss before income taxes before fixed charges |
|
$ |
(32,286 |
) |
$ |
(29,288 |
) |
$ |
(53,601 |
) |
$ |
(88,138 |
) |
$ |
(62,605 |
) |
$ |
(31,606 |
) |
$ |
(27,441 |
) |
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Interest |
|
$ |
4,072 |
|
$ |
303 |
|
$ |
553 |
|
$ |
418 |
|
$ |
475 |
|
$ |
256 |
|
$ |
13 |
|
|
Other |
|
2,310 |
|
899 |
|
1,536 |
|
257 |
|
— |
|
— |
|
— |
| |||||||
|
Total fixed charges |
|
$ |
6,382 |
|
$ |
1,202 |
|
$ |
2,089 |
|
$ |
675 |
|
$ |
475 |
|
$ |
256 |
|
$ |
13 |
|
|
Preference security dividends |
|
$ |
78 |
|
$ |
78 |
|
$ |
105 |
|
$ |
156 |
|
$ |
121 |
|
$ |
— |
|
$ |
— |
|
|
Total fixed charges and preference security dividends |
|
$ |
6,460 |
|
$ |
1,280 |
|
$ |
2,194 |
|
$ |
831 |
|
$ |
596 |
|
$ |
256 |
|
$ |
13 |
|
|
Ratio of earnings to fixed charges (1) |
|
N/A |
|
N/A |
|
N/A |
|
N/A |
|
N/A |
|
N/A |
|
N/A |
| |||||||
(1) We did not record earnings for the periods indicated in the table above. 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 or a ratio of earnings to combined fixed charges for such periods.