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Segment Reporting and Concentrations | 6 Months Ended
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Jun. 30, 2014
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] |
8. | Segment Reporting and Concentrations
The Company’s operations are classified into two reportable segments: Content Services (CS) and Innodata Advanced Data Solutions (IADS). The CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. In the second quarter of 2011, the Company launched its IADS segment to perform advanced data analysis. IADS operates through two subsidiaries: Synodex and docGenix. Synodex offers a range of data analysis services in the healthcare, medical and insurance areas. docGenix provides services to certain financial services institutions. A significant portion of the Company’s revenues are generated from its production facilities in the Philippines, India, Sri Lanka and Israel. Revenues from external clients and segment operating profit (loss), and other reportable segment information are as follows (in thousands):
|  | Three Months Ended |  | Six Months Ended |
|  | June 30, |  | June 30, |
Revenues: |  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Content Services |  | $ | 14,136 |  | $ | 16,008 |  | $ | 28,130 |  | $ | 32,276 |
IADS |  |  | 178 |  |  | 152 |  |  | 250 |  |  | 787 |
Total Consolidated |  | $ | 14,314 |  | $ | 16,160 |  | $ | 28,380 |  | $ | 33,063 |
Loss before provision for income taxes(1): |  |  |  |  |  |  |  |  |  |  |  |  |
Content Services |  | $ | 981 |  | $ | 1,062 |  | $ | 2,871 |  | $ | 2,080 |
IADS |  |  | (1,826) |  |  | (2,561) |  |  | (3,721) |  |  | (3,950) |
Total Consolidated |  | $ | (845) |  | $ | (1,499) |  | $ | (850) |  | $ | (1,870) |
Loss before provision for income taxes(2): |  |  |  |  |  |  |  |  |  |  |  |  |
Content Services |  | $ | 511 |  | $ | 589 |  | $ | 1,932 |  | $ | 1,227 |
IADS |  |  | (1,356) |  |  | (2,088) |  |  | (2,782) |  |  | (3,097) |
Total Consolidated |  | $ | (845) |  | $ | (1,499) |  | $ | (850) |  | $ | (1,870) |
|  | June 30, 2014 |  | December 31, 2013 |
Total assets: |  |  |  |  |  |  |
Content Services |  | $ | 51,057 |  | $ | 48,981 |
IADS |  |  | 1,020 |  |  | 1,016 |
Total Consolidated |  | $ | 52,077 |  | $ | 49,997 |
(1) Before elimination of any inter-segment profits (2) After elimination of any inter-segment profits The following table summarizes revenues by geographic region (determined based upon customer’s domicile) (in thousands):
|  | Three months ended |  | Six months ended |
|  | June 30, |  | June 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
United States |  | $ | 7,756 |  | $ | 10,992 |  | $ | 15,745 |  | $ | 22,903 |
The Netherlands |  |  | 2,645 |  |  | 2,151 |  |  | 5,276 |  |  | 4,210 |
United Kingdom |  |  | 2,231 |  |  | 1,813 |  |  | 4,124 |  |  | 3,662 |
Other - principally Europe |  |  | 1,682 |  |  | 1,204 |  |  | 3,235 |  |  | 2,288 |
|  | $ | 14,314 |  | $ | 16,160 |  | $ | 28,380 |  | $ | 33,063 |
Long-lived assets as of June 30, 2014 and December 31, 2013, respectively, by geographic region, are comprised of (in thousands):
|  | June 30, |  | December 31, |
|  | 2014 |  | 2013 |
United States |  | $ | 1,215 |  | $ | 1,151 |
Foreign countries: |  |  |  |  |  |  |
Philippines |  |  | 2,311 |  |  | 1,917 |
India |  |  | 2,592 |  |  | 2,660 |
Sri Lanka |  |  | 1,061 |  |  | 989 |
Israel |  |  | 32 |  |  | 41 |
Total foreign |  |  | 5,996 |  |  | 5,607 |
|  | $ | 7,211 |  | $ | 6,758 |
Two clients generated approximately 32% and 25% of the Company’s total revenues for the three months ended June 30, 2014 and 2013, respectively. Two other clients accounted for less than 10% of the Company’s total revenues for the three months ended June 30, 2014 but accounted for 29% of the Company’s total revenues for the three months ended June 30, 2013. No other client accounted for 10% or more of total revenues during these periods. Further, for the three months ended June 30, 2014 and 2013, revenues from non-U.S. clients accounted for 46% and 32%, respectively, of the Company’s total revenues. Two clients generated approximately 32% and 24% of the Company’s total revenues for the six months ended June 30, 2014 and 2013, respectively. Two other clients accounted for less than 10% of the Company’s total revenues for the six months ended June 30, 2014 but accounted for 29% of the Company’s total revenues for the six months ended June 30, 2013. No other client accounted for 10% or more of total revenues during these periods. Further, for the six months ended June 30, 2014 and 2013, revenues from non-U.S. clients accounted for 45% and 31%, respectively, of the Company’s total revenues. As of June 30, 2014, approximately 54% of the Company's accounts receivable was from foreign (principally European) clients and 47% of accounts receivable was due from three clients. As of December 31, 2013, approximately 38% of the Company's accounts receivable was from foreign (principally European) clients and 65% of accounts receivable was due from four clients.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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