Exhibit 12.1

 

EMCORE Corporation

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

(unaudited)

We are presenting this computation of ratio of earnings to fixed charges pursuant to the requirements set forth in Item 503 of Regulation S-K under the Securities Act of 1933. 

(in thousands)	Nine Months Ended June 30,				Fiscal Year Ended September 30,
	2012				2011					2010					2009					2008					2007
Earnings:
Loss before income tax expense	$	(30,959	)		$	(34,219	)			$	(23,694	)			$	(138,801	)			$	(80,860	)			$	(58,722	)
Add: Loss from equity method investment	1,201				1,842					—					—					—					—
Add: Fixed charges	1,066				1,542					1,372					1,475					2,213					5,718
Total earnings	(28,692		)		(30,835		)			(22,322		)			(137,326		)			(78,647		)			(53,004		)
Fixed charges:
Interest expense	399				642					439					542					1,580					4,985
Estimated interest portion of rental expense	667				900					933					933					633					733
Total fixed charges	1,066				1,542					1,372					1,475					2,213					5,718
Ratio of earnings to fixed charges	*				*					*					*					*					*
Deficiency of earnings available to cover fixed charges	$	29,758			$	32,377				$	23,694				$	138,801				$	80,860				$	58,722

* Our earnings were insufficient to cover fixed charges for the period indicated.

Interest expense also includes amortization expense associated with capitalized financing costs. The interest portion of rental expense was estimated to be equal to one-third of total rental expense.