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Genaera Corp – ‘S-3/A’ on 3/22/05 – EX-12.1

On:  Tuesday, 3/22/05, at 6:08pm ET   ·   As of:  3/23/05   ·   Accession #:  1193125-5-57833   ·   File #:  333-121577

Previous ‘S-3’:  ‘S-3/A’ on 2/17/05   ·   Latest ‘S-3’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/23/05  Genaera Corp                      S-3/A       3/22/05    3:363K                                   RR Donnelley/FA

Pre-Effective Amendment to Registration Statement for Securities Offered Pursuant to a Transaction   —   Form S-3
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-3/A       Amendment No. 2 to Form S-3                         HTML    263K 
 2: EX-12.1     Ratio of Earnings to Fixed Charges                  HTML     26K 
 3: EX-23.2     Consent of Independent Registered Public            HTML      7K 
                          Accounting Firm                                        


EX-12.1   —   Ratio of Earnings to Fixed Charges


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  Ratio of Earnings to Fixed Charges  

EXHIBIT 12.1

 

COMPUTATON OF

RATIO OF EARNINGS TO FIXED CHARGES

(amounts in thousands)

 

     Fiscal Year Ended December 31,

 
     2004

    2003

    2002

    2001

    2000

 

Net loss from continuing operations before income taxes

   $ (17,873 )   $ (9,393 )   $ (12,156 )   $ (12,912 )   $ (12,379 )

Add:

                                        

Fixed charges

     192       279       360       445       774  
    


 


 


 


 


Earnings as adjusted

   $ (17,681 )   $ (9,114 )   $ (11,796 )   $ (12,467 )   $ (11,605 )
    


 


 


 


 


Fixed charges

                                        

Interest

   $ 2     $ 65     $ 157     $ 244     $ 605  

Portion of rent representative of the interest factor

     190       214       203       201       169  
    


 


 


 


 


Total fixed charges

   $ 192     $ 279     $ 360     $ 445     $ 774  
    


 


 


 


 


Deficiency of earnings to cover fixed charges

   $ 17,873     $ 9,393     $ 12,156     $ 12,912     $ 12,379  
    


 


 


 


 


 

For purposes of computing the ratio of fixed charges, earnings consist of loss before provision for income taxes plus fixed charges. Fixed charges consist of interest charges and that portion of rental expense we believe to be representative of interest.


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-3/A’ Filing    Date    Other Filings
Filed as of:3/23/05
Filed on:3/22/05
12/31/0410-K,  5
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Filing Submission 0001193125-05-057833   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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