EX-12.1 2 exhibit121computationratio.htm EXHIBIT 12.1 Exhibit


EXHIBIT 12.1
IPASS INC.
STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
.
 
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense
 
$44
 
 
$29
 
 
$75
 
 
$125
 
 
$29
Interest portion of rental expense
 
249

 
 
263

 
 
312

 
 
398

 
 
486

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
 
$293
 
 
$292
 
 
$387
 
 
$523
 
 
$515
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations before income taxes
 
$
(20,361
)
 
 
$
(7,547
)
 
 
$
(15,186
)
 
 
$
(19,306
)
 
 
$
(15,487
)
Fixed charges per above
 
293

 
 
292

 
 
387

 
 
526

 
 
515

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deficiency of earnings available to cover fixed charges
 
$
(20,068
)
 
 
$
(7,255
)
 
 
$
(14,799
)
 
 
$
(18,783
)
 
 
$
(14,972
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
—

 
 
—

 
 
—

 
 
—

 
 
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