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Previous: NEOTHERAPEUTICS INC, S-3, EX-4.1, 2001-01-02 |
Next: NEOTHERAPEUTICS INC, S-3, EX-23.1, 2001-01-02 |
<PAGE> 1
EXHIBIT 12.1
SUPPLEMENTAL SCHEDULE - CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS ($000'S)
<TABLE>
<CAPTION>
9 Months
Ended
Year End. Year End. Year End. Year End. Year End. September 30,
1995 1996 1997 1998 1999 2000
--------- --------- --------- --------- --------- -------------
<S> <C> <C> <C> <C> <C> <C>
RATIO OF EARNINGS TO FIXED CHARGES:
Earnings:
Pretax (loss) $ (895) $ (1,039) $ (6,162) $(11,605) $(25,990) $(34,901)
Add:
Interest expense 47 52 56 156 243 1,807
Interest factor of rental expense (b) -- 9 124 191 200 158
Minority interest in loss of subsidiary -- -- -- -- -- 1,091
-------- -------- -------- -------- -------- --------
Total earnings (848) (978) (5,982) (11,258) (25,547) (31,845)
-------- -------- -------- -------- -------- --------
Fixed Charges:
Interest expense 47 52 56 156 243 1,807
Preference security dividends (a) -- -- -- -- -- 1,585
Interest factor of rental expense (b) -- 9 124 191 200 158
-------- -------- -------- -------- -------- --------
Total fixed charges 47 61 180 347 443 3,550
-------- -------- -------- -------- -------- --------
-------- -------- -------- -------- -------- --------
Deficiency of earnings to cover fixed charges (895) (1,039) (6,162) (11,605) (25,990) (35,395)
-------- -------- -------- -------- -------- --------
(a) COMPUTATION OF PREFERENCE SECURITY
DIVIDENDS:
Consolidated subsidiary preferred dividends -- -- -- -- -- 951
Tax effect (1.0-.40) 60.0% 60.0% 60.0% 60.0% 60.0% 60.0%
-------- -------- -------- -------- -------- --------
Total -- -- -- -- -- 1,585
======== ======== ======== ======== ======== ========
(b) COMPUTATION OF INTEREST FACTOR OF RENTAL
EXPENSE:
Operating rental expense (e) -- 27 372 572 601 473
Interest factor 33% 33% 33% 33% 33% 33%
-------- -------- -------- -------- -------- --------
Total -- 9 124 191 200 158
======== ======== ======== ======== ======== ========
</TABLE>
<PAGE> 2
SUPPLEMENTAL SCHEDULE - CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS ($000'S)
<TABLE>
<CAPTION>
9 Months
Ended
Year End. Year End. Year End. Year End. Year End. September 30,
1995 1996 1997 1998 1999 2000
--------- --------- --------- --------- --------- -------------
<S> <C> <C> <C> <C> <C> <C>
RATIO OF EARNINGS TO FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS
Earnings (848) (978) (5,982) (11,258) (25,547) (31,845)
Fixed Charges:
Interest expense 47 52 56 156 243 1,807
Preference security dividends (a) -- -- -- -- -- 1,585
Interest factor of rental expense (b) -- 9 124 191 200 158
Preferred stock expense(C) -- -- -- -- 227 --
-------- -------- -------- -------- -------- --------
Total fixed charges & dividends 47 61 180 347 670 3,550
-------- -------- -------- -------- -------- --------
Deficiency to cover fixed charges and
preferred dividends (895) (1,039) (6,162) (11,605) (26,217) (35,395)
-------- -------- -------- -------- -------- --------
(c) COMPUTATION OF PREFERRED STOCK EXPENSE:
Preferred dividends -- -- -- -- 136 --
Tax effect (1.0-.40) 60.0% 60.0% 60.0% 60.0% 60.0% 60.0%
-------- -------- -------- -------- -------- --------
Total -- -- -- -- 227 --
======== ======== ======== ======== ======== ========
</TABLE>
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