EX-12.1 8 d72654exv12w1.htm EX-12.1 exv12w1
Exhibit 12.1
ALEXZA PHARMACEUTICALS, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(in thousands)
                                         
            Fiscal Year Ended December 31,        
    2009     2008     2007     2006     2005  
EARNINGS:
                                       
Loss before income taxes
  $ (56,065 )   $ (77,041 )   $ (55,910 )   $ (53,526 )   $ (32,402 )
Plus: fixed charges (see below)
    1,382       2,368       2,624       1,532       700  
Less: capitalized interest
                             
Total earnings (loss) to cover fixed charges
    (54,683 )     (74,673 )     (53,286 )     (51,994 )     (31,702 )
 
                                       
FIXED CHARGES:
                                       
Interest expense
    438       897       954       743       311  
Amortization of debt discount and deferred interest
    29       38       49       35       47  
Interest portion of rental expense
    915       1,433       1,621       754       342  
Total Fixed Charges
    1,382       2,368       2,624       1,532       700  
 
                                       
DEFICIENCY OF EARNINGS TO COVER FIXED CHARGES
  $ (56,065 )   $ (77,041 )   $ (55,910 )   $ (53,526 )   $ (32,402 )