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Segment Reporting and Concentrations | 9 Months Ended
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Sep. 30, 2014
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] |
10. | Segment Reporting and Concentrations
The Company’s operations are classified into three reportable segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). 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. The IADS segment performs 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. In July 2014, the Company acquired MediaMiser, an Ottawa, Canada-based provider of automated, real-time traditional and social media monitoring services. The MIS segment through its innovative web-based and mobile solutions, reduces the time and effort it takes to gather, analyze and distribute valuable business intelligence extracted from traditional and social media sources. A significant portion of the Company’s revenues are generated from its production facilities in the Philippines, India, Sri Lanka, Israel and Canada. Revenues from external clients and segment operating profit (loss), and other reportable segment information are as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |
Content Services |  | $ | 14,032 |  | $ | 15,591 |  | $ | 42,162 |  | $ | 47,867 |
IADS |  |  | 115 |  |  | 155 |  |  | 365 |  |  | 942 |
MediaMiser |  |  | 657 |  |  | - |  |  | 657 |  |  | - |
Total Consolidated |  | $ | 14,804 |  | $ | 15,746 |  | $ | 43,184 |  | $ | 48,809 |
Income(loss) before provision for income taxes(1): |  |  |  |  |  |  |  |  |  |  |  |  |
Content Services |  | $ | 1,950 |  | $ | 1,934 |  | $ | 4,821 |  | $ | 4,015 |
IADS |  |  | (1,961) |  |  | (7,620) |  |  | (5,682) |  |  | (11,571) |
MediaMiser |  |  | (109) |  |  | - |  |  | (109) |  |  | - |
Total Consolidated |  | $ | (120) |  | $ | (5,686) |  | $ | (970) |  | $ | (7,556) |
Income(loss) before provision for income taxes(2): |  |  |  |  |  |  |  |  |  |  |  |  |
Content Services |  | $ | 1,436 |  | $ | 1,462 |  | $ | 3,369 |  | $ | 2,689 |
IADS |  |  | (1,447) |  |  | (7,148) |  |  | (4,230) |  |  | (10,245) |
MediaMiser |  |  | (109) |  |  | - |  |  | (109) |  |  | - |
Total Consolidated |  | $ | (120) |  | $ | (5,686) |  | $ | (970) |  | $ | (7,556) |
|  | September 30, 2014 |  | December 31, 2013 |
Total assets: |  |  |  |  |  |  |
Content Services |  | $ | 47,611 |  | $ | 48,981 |
IADS |  |  | 451 |  |  | 1,016 |
MediaMiser |  |  | 7,396 |  |  | - |
Total Consolidated |  | $ | 55,458 |  | $ | 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 |  | Nine months ended |
|  | September 30, |  | September 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
United States |  | $ | 7,424 |  | $ | 9,846 |  | $ | 23,169 |  | $ | 32,749 |
The Netherlands |  |  | 2,540 |  |  | 2,151 |  |  | 7,824 |  |  | 6,574 |
United Kingdom |  |  | 2,404 |  |  | 1,813 |  |  | 6,520 |  |  | 5,884 |
Canada |  |  | 984 |  |  | 263 |  |  | 1,694 |  |  | 699 |
Other - principally Europe |  |  | 1,452 |  |  | 1,673 |  |  | 3,977 |  |  | 2,903 |
|  | $ | 14,804 |  | $ | 15,746 |  | $ | 43,184 |  | $ | 48,809 |
Long-lived assets as of September 30, 2014 and December 31, 2013, respectively, by geographic region, are comprised of (in thousands):
|  | September 30, |  | December 31, |
|  | 2014 |  | 2013 |
United States |  | $ | 1,173 |  | $ | 1,151 |
Foreign countries: |  |  |  |  |  |  |
Philippines |  |  | 2,238 |  |  | 1,917 |
India |  |  | 2,460 |  |  | 2,660 |
Sri Lanka |  |  | 1,008 |  |  | 989 |
Canada |  |  | 6,426 |  |  | - |
Israel |  |  | 34 |  |  | 41 |
Total foreign |  |  | 12,166 |  |  | 5,607 |
|  | $ | 13,339 |  | $ | 6,758 |
Three clients generated approximately 41% of our total revenues for the three months ended September 30, 2014 and 37% of our total revenues for the three months ended September 30, 2013. One client accounted for less than 10% of our total revenues for the three months ended September 30, 2014 but accounted for 15% of total revenues for the three months ended September 30, 2013. No other client accounted for 10% or more of total revenues during these periods. Further, for the three months ended September 30, 2014 and 2013, revenues from non-U.S. clients accounted for 48% and 39%, respectively, of our total revenues. Two clients generated approximately 32% and 25% of our total revenues for the nine months ended September 30, 2014 and 2013, respectively. Two other clients accounted for less than 10% of our total revenues for the nine months ended September 30, 2014 but accounted for 27% of our total revenues for the nine months ended September 30, 2013. No other client accounted for 10% or more of total revenues during these periods. Further, for the nine months ended September 30, 2014 and 2013, revenues from non-U.S. clients accounted for 46% and 36%, respectively, of our total revenues. As of September 30, 2014, approximately 55% of the Company's accounts receivable was from foreign (principally European) clients and 44% 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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