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Exhibit 12.1
COMPUTATION OF RATIO OF COMBINED PREFERENCE DIVIDENDS AND FIXED
CHARGES TO EARNINGS
(in thousands, except ratio of earnings to fixed charges)
     The following table sets forth our ratio of combined preference dividends and fixed charges to earnings for the years ended December 31, 2005, 2006, 2007, 2008, 2009 and for the nine months ended September 30, 2010. As earnings were inadequate to cover the combined fixed charges, we have provided the coverage deficiency amounts. Fixed charges are the sum of (i) interest costs including the amortization of deferred financing costs; and (ii) the portion of operating lease rental expense that is representative of the interest factor.
                                                 
                                            Nine Months Ended  
    Year Ended December 31,     September 30,  
    2005     2006     2007     2008     2009     2010  
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
                                               
Net loss
  $ (24,840 )   $ (39,630 )   $ (58,396 )   $ (51,211 )   $ (43,467 )   $ (25,419 )
Interest expense on indebtedness
    763       973       1,101       3,844       6,773       3,316  
Amortized expense of indebtedness on capitalized debt offering costs
                4       33       17       116  
Interest expense on portion of rent expense representative of interest
    167       167       333       600       567       431  
 
                                   
 
                                               
Earnings
    (23,550 )     (38,490 )     (56,958 )     (46,734 )     (36,110 )     (21,556 )
Interest expense on indebtedness
    763       973       1,101       3,844       6,773       3,316  
Amortized expense of indebtedness on capitalized debt offering costs
                4       33       17       116  
Interest expense on portion of rent expense representative of interest
    167       167       333       600       567       431  
 
                                   
 
                                               
Total Fixed Charges
  $ 930       1,140     $ 1,438     $ 4,477     $ 7,357     $ 3,863  
 
                                   
 
                                               
Ratio of earnings to fixed charges
                                   
 
                                   
 
                                               
Coverage deficiency
  $ (24,480 )   $ (39,630 )   $ (58,396 )   $ (51,211 )   $ (43,467 )   $ (25,419 )