Exhibit 99.1
Harris & Harris Group, Inc.
Computation of Ratios of Earnings to Fixed Charges
| For the Year Ended December 31, 2014 |
For the Year Ended December 31, 2013 |
For the Year Ended December 31, 2012 |
For the Year Ended December 31, 2011 |
For the Year Ended December 31, 2010 | |
| Earnings: | |||||
| Net increase (decrease) in net assets resulting from operations | $(13,570,420) | $(7,788,958) | $(19,986,900) | $(3,541,363) | $10,586,850 |
| Income tax expense, including excise tax | $17,896 | $27,994 | $15,236 | $6,922 | $4,461 |
| Total earnings before taxes | $(13,552,524) | $(7,760,964) | $(19,971,664) | $(5,534,441) | $10,591,311 |
| Fixed Charges: | |||||
| Interest Expense | $377,658 | $116,421 | $48,126 | $36,944 | $0 |
| $ | |||||
| Total fixed charges | $377,658 | $116,421 | $48,126 | $36,944 | $0 |
| Earnings available to cover fixed charges | $(13,930,182) | $(7,877,385) | $(20,019,790) | $(3,571,385) | $10,591,311 |
| Ratio of earnings to fixed charges | $(35.9) | $(66.7) | $(415.0) | $(95.7) | n/a |