Exhibit 12.1
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| Nine Months Ended |
| Years Ended December 31, |
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|
| 2016 |
| 2015 |
| 2015 |
| 2014 |
| 2013 |
| 2012 |
| 2011 |
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|
| (in thousands) |
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Loss before income taxes |
| $ | (38,668 | ) | $ | (30,490 | ) | $ | (55,690 | ) | $ | (88,813 | ) | $ | (63,080 | ) | $ | (31,862 | ) | $ | (27,454 | ) |
Add-Fixed charges |
| 6,382 |
| 1,202 |
| 2,089 |
| 675 |
| 475 |
| 256 |
| 13 |
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Loss before income taxes before fixed charges |
| $ | (32,286 | ) | $ | (29,288 | ) | $ | (53,601 | ) | $ | (88,138 | ) | $ | (62,605 | ) | $ | (31,606 | ) | $ | (27,441 | ) |
Fixed Charges: |
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Interest |
| $ | 4,072 |
| $ | 303 |
| $ | 553 |
| $ | 418 |
| $ | 475 |
| $ | 256 |
| $ | 13 |
|
Other |
| 2,310 |
| 899 |
| 1,536 |
| 257 |
| — |
| — |
| — |
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Total fixed charges |
| $ | 6,382 |
| $ | 1,202 |
| $ | 2,089 |
| $ | 675 |
| $ | 475 |
| $ | 256 |
| $ | 13 |
|
Preference security dividends |
| $ | 78 |
| $ | 78 |
| $ | 105 |
| $ | 156 |
| $ | 121 |
| $ | — |
| $ | — |
|
Total fixed charges and preference security dividends |
| $ | 6,460 |
| $ | 1,280 |
| $ | 2,194 |
| $ | 831 |
| $ | 596 |
| $ | 256 |
| $ | 13 |
|
Ratio of earnings to fixed charges (1) |
| N/A |
| N/A |
| N/A |
| N/A |
| N/A |
| N/A |
| N/A |
|
(1) We did not record earnings for the periods indicated in the table above. Accordingly, our earnings were insufficient to cover fixed charges for such periods and we are unable to disclose a ratio of earnings to fixed charges or a ratio of earnings to combined fixed charges for such periods.