Exhibit 12.1
CODEXIS, INC.
STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In Thousands)
| Nine Months Ended September 30, |
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| Years Ended December 31, | ||||||||||||||||||||||||
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||||||||
| Fixed charges: |
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| Interest Expense |
$ | — | $ | — | $ | 13 | $ | — | $ | — | $ | 12 | ||||||||||||
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| Total Fixed Charges |
— | — | 13 | — | — | 12 | ||||||||||||||||||
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| Earnings available for fixed charges: |
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| Pre-tax income (loss) from continuing operations |
(16,309 | ) | (30,587 | ) | (41,390 | ) | (19,327 | ) | (7,919 | ) | (3,313 | ) | ||||||||||||
| Add: Fixed Charges |
— | — | 13 | — | — | 12 | ||||||||||||||||||
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| Earnings (deficiency of earnings) available to cover fixed charges |
$ | (16,309 | ) | $ | (30,587 | ) | $ | (41,377 | ) | $ | (19,327 | ) | $ | (7,919 | ) | $ | (3,301 | ) | ||||||
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| Ratio of earnings to fixed charges(1) |
N/A | N/A | N/A | N/A | N/A | N/A | ||||||||||||||||||
| (1) | Our earnings were inadequate to cover fixed charges for the years ended December 31, 2011 through December 31, 2015 and the nine months ended September 30, 2016 |