Attached files

file filename
EX-32.1 - EX-32.1 - Adverum Biotechnologies, Inc.advm-ex321_8.htm
EX-31.2 - EX-31.2 - Adverum Biotechnologies, Inc.advm-ex312_7.htm
EX-31.1 - EX-31.1 - Adverum Biotechnologies, Inc.advm-ex311_6.htm
10-Q - 10-Q - Adverum Biotechnologies, Inc.advm-10q_20180331.htm

Exhibit 12.1

 

Adverum Biotechnologies, Inc.

Deficiency of earnings

March 31, 2018

 

 

Three Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended March 31,

 

 

Year Ended December 31,

 

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

 

(In thousands)

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense on indebtedness

 

$

7

 

 

$

27

 

 

$

25

 

 

$

14

 

 

$

0

 

Interest expense on portion of rent expense

   representative of interest

 

$

32

 

 

 

126

 

 

 

122

 

 

 

92

 

 

 

18

 

Total fixed charges

 

$

38

 

 

$

152

 

 

$

147

 

 

$

106

 

 

$

18

 

Preferred stock deemed dividend

 

$

0

 

 

$

0

 

 

$

0

 

 

$

0

 

 

$

3,230

 

Total fixed charges and preferred dividend

 

$

38

 

 

$

152

 

 

$

147

 

 

$

106

 

 

$

3,248

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

 

(17,200

)

 

 

(56,147

)

 

 

(114,522

)

 

 

(47,453

)

 

 

(25,404

)

Fixed charges per above

 

 

38

 

 

 

152

 

 

 

147

 

 

 

106

 

 

 

18

 

Total earnings (loss)

 

 

(17,162

)

 

 

(55,995

)

 

 

(114,375

)

 

 

(47,347

)

 

 

(25,386

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deficiency of earnings available to cover

   fixed charges

 

 

(17,200

)

 

 

(56,147

)

 

 

(114,522

)

 

 

(47,453

)

 

 

(28,634

)