EX-12.1 6 exhibit121statementratioea.htm EXHIBIT 12.1 Exhibit





Exhibit 12.1

CODEXIS, INC.

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands)
 

 
 
 
Years Ended December 31,
 
 
 
2014
 
2015
 
2016
 
2017
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
—
 
—

 
14

 
141

 
84

 
Total Fixed Charges
 
 
 
 
 
14

 
141

 
84

 
 
 
 
 
 
 
 
 
 
 
 
Earnings (deficiency) available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Pre-tax loss from continuing operations
 
(19,327)
 
(7,919)

 
(8,598)

 
(23,239
)
 
(10,878
)
 
add: Fixed Charges
 
 
 
 
 
14

 
141

 
84

 
Earnings (deficiency of earnings) available to cover fixed charges
 
(19,327)
 
(7,919)

 
(8,584)

 
(23,098
)
 
(10,794
)
Ratio of earnings to fixed charges (1)
 
 N/A
 
 N/A

 
 N/A

 
 N/A

 
N/A

 
 
 
(1)
Our earnings were inadequate to cover fixed charges for the years ended December 31, 2014 through December 31, 2018.