EX-12.1 3 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.1

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     For the Year Ended December 31,

    Nine-months
ended
25-Sept-04


    Proforma
Nine-months
ended
25-Sept-04


 
     1999

    2000

    2001

    2002

    2003

     

Earnings (loss)-

                                                        

Loss before income taxes

   $ (3,940 )   $ (5,847 )   $ (10,090 )   $ (34,017 )   $ (29,789 )   $ (60,989 )   $ (63,341 )

Add fixed Charges:

                                                        

Interest expense on indebtedness

   $ 867     $ 843     $ 692     $ 1,936     $ 990     $ 3,560     $ 5,617  

Estimated interest on rental expense

     299       305       341       329       300       962       1,253  

Amortization of deferred closing costs
related to convertible notes

     —         —         —         294       156       317       612  

Amortization of discount on convertible notes

     —         —         —         511       271                  
    


 


 


 


 


 


 


Total Adjusted Loss

   $ (2,774 )   $ (4,699 )   $ (9,057 )   $ (30,947 )   $ (28,072 )   $ (55,859 )   $ (55,859 )
    


 


 


 


 


 


 


Fixed Charges-

                                                        

Interest expense on indebtedness

   $ 867     $ 843     $ 692     $ 1,936     $ 990     $ 3,560     $ 5,617  

Estimated interest on rental expense

     299       305       341       329       300       1,253       1,253  

Amortization of deferred closing costs
related to convertible notes

     —         —         —         294       156       317       612  

Amortization of discount on convertible notes

     —         —         —         511       271                  
    


 


 


 


 


 


 


Total Fixed Charges

   $ 1,166     $ 1,148     $ 1,033     $ 3,070     $ 1,717     $ 5,130     $ 7,482  

Coverage deficiency

   $ (3,940 )   $ (5,847 )   $ (10,090 )   $ (34,017 )   $ (29,789 )   $ (60,989 )   $ (63,341 )