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
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Three Months |
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Ended March 31, |
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Year Ended December 31, |
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2018 |
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2017 |
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2016 |
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2015 |
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2014 |
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(In thousands) |
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Fixed charges: |
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Interest expense on indebtedness |
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$ |
7 |
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$ |
27 |
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$ |
25 |
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$ |
14 |
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$ |
0 |
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Interest expense on portion of rent expense representative of interest |
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$ |
32 |
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126 |
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122 |
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92 |
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18 |
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Total fixed charges |
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$ |
38 |
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$ |
152 |
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$ |
147 |
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$ |
106 |
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$ |
18 |
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Preferred stock deemed dividend |
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$ |
0 |
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$ |
0 |
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$ |
0 |
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$ |
0 |
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$ |
3,230 |
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Total fixed charges and preferred dividend |
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$ |
38 |
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$ |
152 |
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$ |
147 |
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$ |
106 |
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$ |
3,248 |
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Net loss |
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(17,200 |
) |
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(56,147 |
) |
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(114,522 |
) |
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(47,453 |
) |
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(25,404 |
) |
Fixed charges per above |
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38 |
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152 |
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147 |
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106 |
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18 |
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Total earnings (loss) |
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(17,162 |
) |
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(55,995 |
) |
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(114,375 |
) |
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(47,347 |
) |
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(25,386 |
) |
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Ratio of earnings to fixed charges |
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N/A |
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N/A |
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N/A |
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N/A |
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N/A |
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Deficiency of earnings available to cover fixed charges |
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(17,200 |
) |
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(56,147 |
) |
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(114,522 |
) |
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(47,453 |
) |
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(28,634 |
) |