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Segment Reporting and Concentrations
 3 Months Ended
Mar. 31, 2015
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 and 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. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Both these businesses constitute Company’s MIS Segment.
 
A significant portion of the Company’s revenues are generated from its production facilities in the Philippines, India, Sri Lanka, Canada, Germany and Israel.
 
Revenues from external clients and segment operating profit (loss), and other reportable segment information are as follows (in thousands):
  
 
 
Three Months Ended March 31,
 
 
 
2015
 
2014
 
Revenues:
 
 
 
 
 
 
 
Content Services
 
$
12,191
 
$
13,994
 
IADS
 
 
405
 
 
72
 
MediaMiser
 
 
1,206
 
 
-
 
Total Consolidated
 
$
13,802
 
$
14,066
 
 
 
 
 
 
 
 
 
Income (loss) before provision for income taxes(1):
 
 
 
 
 
 
 
Content Services
 
$
362
 
$
1,890
 
IADS
 
 
(1,596)
 
 
(1,895)
 
MediaMiser
 
 
(198)
 
 
-
 
Total Consolidated
 
$
(1,432)
 
$
(5)
 
 
 
 
 
 
 
 
 
Income (loss) before provision for income taxes(2):
 
 
 
 
 
 
 
Content Services
 
$
(219)
 
$
1,421
 
IADS
 
 
(1,015)
 
 
(1,426)
 
MediaMiser
 
 
(198)
 
 
-
 
Total Consolidated
 
$
(1,432)
 
$
(5)
 
 
 
 
 
 
 
 
 
 
 
March 31, 2015
 
December 31, 2014
 
Total assets:
 
 
 
 
 
 
 
Content Services
 
$
44,269
 
$
46,681
 
IADS
 
 
847
 
 
540
 
MediaMiser
 
 
7,490
 
 
7,640
 
Total Consolidated
 
$
52,606
 
$
54,861
 
 
(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
 
 
 
March 31,
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
United States
 
$
6,588
 
$
7,989
 
United Kingdom
 
 
2,201
 
 
1,893
 
The Netherlands
 
 
2,112
 
 
2,631
 
Canada
 
 
1,370
 
 
359
 
Other - principally Europe
 
 
1,531
 
 
1,194
 
 
 
$
13,802
 
$
14,066
 
 
Long-lived assets as of March 31, 2015 and December 31, 2014, respectively, by geographic region, are comprised of (in thousands):
 
 
 
March 31,
 
December 31,
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
United States
 
$
1,246
 
$
1,600
 
 
 
 
 
 
 
 
 
Foreign countries:
 
 
 
 
 
 
 
Philippines
 
 
1,954
 
 
2,081
 
India
 
 
2,004
 
 
2,136
 
Sri Lanka
 
 
833
 
 
890
 
Canada
 
 
5,789
 
 
6,061
 
Israel
 
 
24
 
 
29
 
Germany
 
 
2
 
 
14
 
Total foreign
 
 
10,606
 
 
11,211
 
 
 
$
11,852
 
$
12,811
 
 
Two clients generated approximately 34% of our total revenues for the three months ended March 31, 2015 and 31% of our total revenues for the three months ended March 31, 2014. No other client accounted for 10% or more of total revenues during these periods. Further, for the three months ended March 31, 2015 and 2014, revenues from non-U.S. clients accounted for 52% and 43%, respectively, of our total revenues.
 
As of March 31, 2015, approximately 56% 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, 2014, approximately 49% of the Company's accounts receivable was from foreign (principally European) clients and 58% of accounts receivable was due from four clients.