EX-12.1 2 exhibit121-ratioofearnings.htm EXHIBIT 12.1 Exhibit 12.1 - Ratio of Earnings to Fixed Charges

Exhibit 12.1
Fluidigm Corporation
Ratio of earnings to fixed charges
Fiscal Years 2010 through 2014  
 
 
Fiscal Year Ended
 
 
December 31,
2010
 
 
December 31,
2011
 
 
December 31,
2012
 
 
December 31,
2013
 
 
December 31,
2014
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributed to common stockholders before income taxes
 
$
(16,819)

 
 
$
(22,304)

 
 
$
(18,888)

 
 
$
(16,389)

 
 
$
(57,705)

Add: Combined fixed charges and preference dividends
 
 
2,908

 
 
 
3,578

 
 
 
1,006

 
 
 
1,169

 
 
 
7,081

Less: Capitalized interest
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total earnings for computation of ratio
 
 
(13,911)

 
 
 
(18,726)

 
 
 
(17,882)

 
 
 
(15,220)

 
 
 
(50,624)

Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense including capitalized interest
 
 
2,158

 
 
 
3,101

 
 
 
628

 
 
 
14

 
 
 
5,344

Estimated interest component of rent
 
 
750

 
 
 
477

 
 
 
378

 
 
 
1,155

 
 
 
1,737

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
 
 
2,908

 
 
 
3,578

 
 
 
1,006

 
 
 
1,169

 
 
 
7,081

Combined fixed charges and preference dividends:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest expense including capitalized interest
 
 
2,158

 
 
 
3,101

 
 
 
628

 
 
 
14

 
 
 
5,344

Estimated interest component of rent
 
 
750

 
 
 
477

 
 
 
378

 
 
 
1,155

 
 
 
1,737

Deemed dividend
 
 
—

 
 
 
9,900

 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total combined fixed charges and preference dividends
 
$
2,908

 
 
$
13,478

 
 
$
1,006

 
 
$
1,169

 
 
$
7,081

Ratio of earnings to fixed charges (1)
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

Ratio of earnings to combined fixed charges and preference dividends (1)
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
(1) Earnings for 2010, 2011, 2012, 2013, and 2014 were insufficient to cover fixed charges by $16.8 million, $22.3 million, $18.9 million, $16.4 million, and $57.7 million, respectively.