Exhibit 12.1

 

RATIO OF EARNINGS/ DEFICIENCY TO FIXED CHARGES

 

The following table sets forth, for each of the periods presented, our ratio of earnings to fixed charges and our coverage deficiency. You should read this table in conjunction with the financial statements and notes incorporated by reference in this prospectus.

 

(in thousands)  Three Months
Ended
March 31, 2018
   Year Ended
December 31, 2017
  

Year Ended

December 31, 2016

   For the period from
March 13, 2015
(inception) to
December 31, 2015
 
Net loss  $6,281   $31,288   $12,654   $4,466 
Ratio of earnings to fixed charges(1)   N/A    N/A    N/A    N/A 
Coverage deficiency  $(6,281)  $(31,288)  $(12,654)  $(4,466)

 

 

(1)We did not record earnings for the three months ended March 31, 2018, and for the years ended December 31, 2017 and 2016 and for the period from March 13, 2015 (inception) to December 31, 2015. 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 for such periods.