Form: 10-K

Annual report pursuant to Section 13 and 15(d)

March 9, 2017



Exhibit 12.1

CODEXIS, INC.

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands)
 

 
 
 
 
Years Ended December 31,
 
 
 
 
2012
 
2013
 
2014
 
2015
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
—

 
$
13

 
$
—

 
$
—

 
$
14

 
 
Total Fixed Charges
 
—

 
13

 
—

 
—

 
14

 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings (deficiency) available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Pre-tax income(loss) from continuing operations
 
(30,587
)
 
(41,390
)
 
(19,327
)
 
(7,919
)
 
(8,598
)
 
add: Fixed Charges
 
—

 
13

 
—

 
—

 
14

 
 
Earnings(deficiency of earnings) available to cover fixed charges
 
$
(30,587
)
 
$
(41,377
)
 
$
(19,327
)
 
$
(7,919
)
 
$
(8,584
)
Ratio of earnings to fixed charges (1)
 
 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, 2012 through December 31, 2016.