VERACYTE, INC. - FORM 10-K - EX-12.1 - VCYT - EXHIBIT 12.1 - February 27, 2018

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EX-32.2 - VCYT - EXHIBIT 32.2 - VERACYTE, INC.vcyt-12312017xex322.htm
EX-32.1 - VCYT - EXHIBIT 32.1 - VERACYTE, INC.vcyt-12312017xex321.htm
EX-31.2 - VCYT - EXHIBIT 31.2 - VERACYTE, INC.vcyt-12312017xex312.htm
EX-31.1 - VCYT - EXHIBIT 31.1 - VERACYTE, INC.vcyt-12312017xex311.htm
EX-23.1 - VCYT - EXHIBIT 23.1 - VERACYTE, INC.vcyt-12312017xex231.htm
EX-10.20 - VCYT - EXHIBIT 10.20 - VERACYTE, INC.vcyt-12312017exx1020.htm
EX-10.19 - VCYT - EXHIBIT 10.19 - VERACYTE, INC.vcyt-12312017xex1019.htm
EX-10.18 - VCYT - EXHIBIT 10.18 - VERACYTE, INC.vcyt-12312017xex1018.htm
EX-10.9 - VCYT - EXHIBIT 10.9 - VERACYTE, INC.vcty-12312017xex109.htm
EX-10.3 - VCYT - EXHIBIT 10.3 - VERACYTE, INC.vcyt-12312017xex103.htm
10-K - VCYT 10K 2017 - VERACYTE, INC.vcyt-12312017x10k.htm


Exhibit 12.1

VERACYTE, INC.
STATEMENT REGARDING COMPUTATION  OF RATIOS
(in thousands)

 
For the year ended December 31,
 
2013
 
2014
 
2015
 
2016
 
2017
Earnings (deficiency):
 
 
 
 
 
 
 
 
 
Net loss
$
(25,580
)
 
$
(29,373
)
 
$
(33,704
)
 
$
(31,358
)
 
$
(31,003
)
Add:
 
 
 
 
 
 
 
 
 
Fixed charges
294

 
511

 
455

 
2,855

 
4,987

     Earnings (deficiency)
$
(25,286
)
 
$
(28,862
)
 
$
(33,249
)
 
$
(28,503
)
 
$
(26,016
)
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expense
266

 
$
483

 
$
378

 
$
2,757

 
$
4,941

Estimated interest portion of rental expense
28

 
28

 
77

 
98

 
46

     Total fixed charges
$
294

 
$
511

 
$
455

 
$
2,855

 
$
4,987

 
 
 
 
 
 
 
 
 
 
Deficiency in the coverage of fixed charges
$
(25,580
)
 
$
(29,373
)
 
$
(33,704
)
 
$
(31,358
)
 
$
(31,003
)
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges(1)(2)
NM
 
NM
 
NM
 
NM
 
NM
 
 
 
 
 
 
 
 
 
 
(1)           The ratio of earnings to fixed charges is computed by dividing loss before taxes plus fixed charges by fixed charges.  Fixed charges consist of interest expense (including interest expense from capital leases), debt financing expense, end-of-term debt obligation and prepayment penalty expense and the estimated portion of rental expense deemed by us to be representative of the interest factor of rental payments under operating leases.  Earnings were insufficient to cover fixed charges by the amounts set forth in the table above under the heading “Deficiency in the coverage of fixed charges.”
 
 
 
 
 
 
 
 
 
 
(2)           NM—Not meaningful.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the periods presented above, there were no outstanding shares of preferred stock with required dividend payments. Therefore, earnings were insufficient to cover combined fixed charges and preferred stock dividends in the same amounts referenced in the line entitled “Deficiency in the coverage of fixed charges” in the table above.



VERACYTE, INC. Reports