EX-12.1 2 exhibit121.htm EXHIBIT 12.1 Exhibit


EXHIBIT 12.1
IPASS INC.
STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in thousands)
.
 
 
Three Months Ended March 31,
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
2015
 
2014
 
2013
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$2
 
$44
 
$29
 
$75
 
$125
 
$29
Interest portion of rental expense
62

 
249

 
263

 
312

 
398

 
486

 
 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
$64
 
$293
 
$292
 
$387
 
$523
 
$515
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Loss from continuing operations before income taxes
$
(3,948
)
 
$
(20,361
)
 
$
(7,547
)
 
$
(15,186
)
 
$
(19,306
)
 
$
(15,487
)
Fixed charges per above
64

 
293

 
292

 
387

 
526

 
515

 
 
 
 
 
 
 
 
 
 
 
 
Deficiency of earnings available to cover fixed charges
$
(3,884
)
 
$
(20,068
)
 
$
(7,255
)
 
$
(14,799
)
 
$
(18,783
)
 
$
(14,972
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
—

 
—

 
—

 
—

 
—

 
—