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As Of Filer Filing For·On·As Docs:Size Issuer Agent 10/22/14 Revolution Lighting Techs, Inc. S-3 9:879K RR Donnelley/FA |
Document/Exhibit Description Pages Size 1: S-3 Registration Statement for Securities Offered HTML 201K Pursuant to a Transaction 2: EX-4.7 Form of Senior Indenture HTML 261K 3: EX-4.8 Form of Subordinated Indenture HTML 258K 4: EX-5.1 Opinion of Lowenstein Sandler LLP HTML 36K 5: EX-12.1 Statement Regarding Computation of Deficiency of HTML 36K Earnings to Fixed Charges 6: EX-23.1 Consent HTML 7K 7: EX-23.2 Consent HTML 8K 8: EX-23.3 Consent HTML 8K 9: EX-23.4 Consent HTML 8K
Statement Regarding Computation of Deficiency of Earnings to Fixed Charges |
Exhibit 12.1
Statement Regarding Computation of Deficiency of Earnings to Fixed Charges and Deficiency of Earnings to Combined Fixed Charges and Preference Dividends
Year Ended December 31, | Six months ended June 30, |
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(in thousands) |
2013 | 2012 | 2011 | 2010 | 2009 | 2014 | ||||||||||||||||||
Fixed charges: |
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Interest expense |
$ | 52 | $ | 210 | $ | 127 | $ | 247 | $ | 461 | $ | 459 | ||||||||||||
Portion of rental expense which represents interest factor (1) |
27 | 13 | 17 | 13 | 11 | 58 | ||||||||||||||||||
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Total Fixed charges |
$ | 79 | $ | 223 | $ | 144 | $ | 260 | $ | 472 | $ | 517 | ||||||||||||
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Earnings (loss) available for fixed charges: |
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Pre-tax income (loss) |
$ | (16,821 | ) | $ | (8,579 | ) | $ | (5,425 | ) | $ | (6,365 | ) | $ | (5,247 | ) | $ | (7,124 | ) | ||||||
Add: Fixed charges |
79 | 223 | 144 | 260 | 472 | 517 | ||||||||||||||||||
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Total Earnings (loss) available for fixed charges |
$ | (16,743 | ) | $ | (8,356 | ) | $ | (5,281 | ) | $ | (6,105 | ) | $ | (4,775 | ) | $ | (6,607 | ) | ||||||
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Deficiency of earnings (loss) to fixed charges |
$ | (16,821 | ) | $ | (8,579 | ) | $ | (5,425 | ) | $ | (6,365 | ) | $ | (5,247 | ) | $ | (7,124 | ) | ||||||
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Year Ended December 31, | Six months ended June 30, |
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(in thousands) |
2013 | 2012 | 2011 | 2010 | 2009 | 2014 | ||||||||||||||||||
Fixed charges: |
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Interest expense |
$ | 52 | $ | 210 | $ | 127 | $ | 247 | $ | 461 | $ | 459 | ||||||||||||
Portion of rental expense which represents interest factor (1) |
27 | 13 | 17 | 13 | 11 | 58 | ||||||||||||||||||
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Total Fixed charges before preferred stock dividends pre-tax requirements |
$ | 79 | $ | 223 | $ | 144 | $ | 260 | $ | 472 | $ | 517 | ||||||||||||
Preferred stock dividends pre-tax income requirements (2) |
1,360 | 31 | — | — | 711 | 804 | ||||||||||||||||||
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Total Combined fixed charges and preferred stock dividends |
$ | 1,439 | $ | 254 | $ | 144 | $ | 260 | $ | 1183 | $ | 1,321 | ||||||||||||
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Earnings (loss) available for fixed charges: |
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Pre-tax income (loss) |
$ | (16,821 | ) | $ | (8,579 | ) | $ | (5,425 | ) | $ | (6,365 | ) | $ | (5,247 | ) | $ | (7,124 | ) | ||||||
Add: Fixed charges |
1,439 | 254 | 144 | 260 | 1,183 | 1,321 | ||||||||||||||||||
Less: Preferred stock dividends |
1360 | 31 | — | — | 711 | 804 | ||||||||||||||||||
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Total Earnings (loss) available for fixed charges and preferred stock dividends |
$ | (16,743 | ) | $ | (8,356 | ) | $ | (5,281 | ) | $ | (6,105 | ) | $ | (4,775 | ) | $ | (6,607 | ) | ||||||
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Deficiency of earnings (loss) to fixed charges and preferred stock dividends |
$ | (16,821 | ) | $ | (8,579 | ) | $ | (5,425 | ) | $ | (6,365 | ) | $ | (5,247 | ) | $ | (7,124 | ) | ||||||
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(1) - Assumes 5% interest factor
(2) - Assumes 0% effective tax rate