Attached files
file | filename |
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EX-32.1 - EXHIBIT 32.1 - TREVENA INC | trvn-2017q4ex321.htm |
10-K - 10-K - TREVENA INC | trvn-201710k.htm |
EX-32.2 - EXHIBIT 32.2 - TREVENA INC | trvn-2017q4ex322.htm |
EX-31.2 - EXHIBIT 31.2 - TREVENA INC | trvn-2017q4ex312.htm |
EX-31.1 - EXHIBIT 31.1 - TREVENA INC | trvn-2017q4ex311.htm |
EX-23.1 - EXHIBIT 23.1 - TREVENA INC | trvn-2017q4ex231.htm |
EX-10.46 - EXHIBIT 10.46 - TREVENA INC | trvn-2017q4ex1046.htm |
EX-10.45 - EXHIBIT 10.45 - TREVENA INC | trvn-2017q4ex1045.htm |
Exhibit 12.1
TREVENA, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
2013 | 2014 | 2015 | 2016 | 2017 | |||||||||||||||
(in thousands) | |||||||||||||||||||
Determination of earnings | |||||||||||||||||||
Income/(loss) before income taxes | $ | (23,251 | ) | $ | (49,701 | ) | $ | (50,528 | ) | $ | (102,994 | ) | $ | (71,865 | ) | ||||
Add: | |||||||||||||||||||
Fixed Charges | 303 | 234 | 531 | 1,927 | 3,232 | ||||||||||||||
Total Earnings/(loss) | (22,948 | ) | (49,467 | ) | (49,997 | ) | (101,067 | ) | (68,633 | ) | |||||||||
Fixed charges: | |||||||||||||||||||
Interest expense and amortization of debt discount and deferred financing costs | 150 | 71 | 334 | 1,738 | 2,781 | ||||||||||||||
Estimated interest component of rent expense | 153 | 163 | 197 | 189 | 541 | ||||||||||||||
Total fixed charges | 303 | 234 | 531 | 1,927 | 3,322 | ||||||||||||||
Ratio of earnings to fixed charges(1) | |||||||||||||||||||
Deficiency of earnings to cover fixed charges | $ | 23,251 | $ | 49,701 | $ | 50,528 | $ | 102,994 | $ | 71,865 |
____________________________________________
(1) For all periods presented, no ratios are provided as earnings were insufficient to cover fixed charges.