Exhibit 12.1

 

STATEMENT REGARDING THE COMPUTATION OF RATIO OF COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS TO EARNINGS

 

           Year Ended December 31,

 
     Nine Months Ended
September 30,
2005


    2004

    2003

    2002

    2001

    2000

 

Fixed charges:

                                                

Interest expense

   $ 414,000     $ 795,000     $ 420,000     $ 333,000     $ 327,000     $ 219,000  

Estimated interest portion of rent expense

     1,605,000       2,152,000       2,284,000       1,536,000       415,000       454,000  
    


 


 


 


 


 


Total fixed charges

   $ 2,019,000     $ 2,947,000     $ 2,704,000     $ 1,869,000     $ 742,000     $ 673,000  
    


 


 


 


 


 


Earnings:

                                                

Loss from continuing operations before income taxes

   $ (18,691,000 )   $ (23,733,000 )   $ (24,450,000 )   $ (27,932,000 )   $ (9,240,000 )   $ (8,517,000 )

Add: Fixed charges

     2,019,000       2,947,000       2,704,000       1,869,000       742,000       673,000  

Amortization of capitalized interest

     2,000       13,000       14,000       12,000       8,000       2,000  
    


 


 


 


 


 


Total earnings

   $ (16,670,000 )   $ (20,773,000 )   $ (21,732,000 )     (26,051,000 )   $ (8,490,000 )   $ (7,842,000 )
    


 


 


 


 


 


Ratio of combined fixed charges and preference dividends to earnings(1)

     —         —         —         —         —         —    

(1) For the years ended December 31, 2004, 2003, 2002, 2001 and 2000 and the nine months ended September 30, 2005, the earnings were insufficient to cover fixed charges by $23,733,000, $24,450,000, $27,932,000, $9,240,000, $8,517,000 and $18,691,000, respectively.