EXHIBIT 12.1 |  |  |  |  |  |  |  |  |  |
Statement Regarding the Computation of Ratio of Earnings to Fixed Charges
|  | 2001 |  | 2002 |  | 2003 |  | 2004 |  | 2005
PRE-TAX LOSS FROM CONTINUING OPERATIONS |  | $ (74,399) |  | $ (9,105) |  | $ (11,403) |  | $ (3,039) |  | $ (19,909)
FIXED CHARGES: |  |  |  |  |  |  |  |  |  |
Interest Expense |  | 1,456 |  | 884 |  | - |  | - |  | -
Rental Expense (33%) |  | 466 |  | 515 |  | 510 |  | 161 |  | 130
TOTAL FIXED CHARGES |  | 1,922 |  | 1,399 |  | 510 |  | 161 |  | 130
EARNINGS: |  |  |  |  |  |  |  |  |  |
Pre-tax loss from continuing operations plus fixed charges |  | $ (72,477) |  | $ (7,706) |  | $ (10,893) |  | $ (2,878) |  | $ (19,779)
RATIO OF EARNING TO FIXED CHARGES |  | - |  | - |  | - |  | - |  | -

Due to losses incurred for the years ended March 31, 2005, 2004, 2003, 2002, and 2001we would have had to generate additional earnings of $19.1 million, $3.0 million, $1.5 million, $11.4 million, $9.1 million and $74.4 million, respectively, to achieve a coverage of 1:1.