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Segment reporting and concentrations
 12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
12.
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. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Both these businesses constitute the Company’s MIS segment.
 
A significant portion of the Company’s revenues is 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):
 
 
 
For the Years Ended December 31,
 
 
 
2015
 
2014
 
2013
 
Revenues:
 
 
 
 
 
 
 
 
 
 
Content Services
 
$
51,721
 
$
56,794
 
$
63,102
 
IADS
 
 
2,111
 
 
614
 
 
1,147
 
MIS
 
 
4,691
 
 
1,668
 
 
-
 
Total Consolidated
 
$
58,523
 
$
59,076
 
$
64,249
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) before provision for income taxes(1):
 
 
 
 
 
 
 
 
 
 
Content Services
 
$
5,225
 
$
6,356
 
$
6,212
 
IADS
 
 
(6,176)
 
 
(7,572)
 
 
(13,596)
 
MIS
 
 
(1,230)
 
 
(304)
 
 
-
 
Total Consolidated
 
$
(2,181)
 
$
(1,520)
 
$
(7,384)
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) before provision for income taxes(2):
 
 
 
 
 
 
 
 
 
 
Content Services
 
$
2,712
 
$
4,363
 
$
4,392
 
IADS
 
 
(3,685)
 
 
(5,582)
 
 
(11,776)
 
MIS
 
 
(1,208)
 
 
(301)
 
 
-
 
Total Consolidated
 
$
(2,181)
 
$
(1,520)
 
$
(7,384)
 
 
 
 
December 31, 2015
 
December 31, 2014
 
 
 
Total assets:
 
 
 
 
 
 
 
 
 
 
Content Services
 
$
41,842
 
$
46,681
 
 
 
 
IADS
 
 
1,026
 
 
540
 
 
 
 
MIS
 
 
8,369
 
 
7,640
 
 
 
 
Total Consolidated
 
$
51,237
 
$
54,861
 
 
 
 
 
 
 
December 31, 2015
 
December 31, 2014
 
 
 
Goodwill:
 
 
 
 
 
 
 
 
 
 
Content Services
 
$
675
 
$
675
 
 
 
 
MIS
 
 
801
 
 
960
 
 
 
 
Total Consolidated
 
$
1,476
 
$
1,635
 
 
 
 
 
(1) Before elimination of any inter-segment profits
(2) After elimination of any inter-segment profits
 
Long-lived assets as of December 31, 2015 and 2014 by geographic region are comprised of:
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
United States
 
$
1,104
 
$
1,600
 
 
 
 
 
 
 
 
 
Foreign countries:
 
 
 
 
 
 
 
Canada
 
 
5,223
 
 
6,061
 
India
 
 
1,611
 
 
2,136
 
Philippines
 
 
1,580
 
 
2,081
 
Sri Lanka
 
 
635
 
 
890
 
Israel
 
 
31
 
 
29
 
Germany
 
 
2
 
 
14
 
Total foreign
 
 
9,082
 
 
11,211
 
Total
 
$
10,186
 
$
12,811
 
 
Two clients in the CS segment generated approximately 33%, 31% and 26% of the Company’s total revenues in the fiscal years ended December 31, 2015, 2014 and 2013, respectively. Another client in the CS segment accounted for less than 10% of the Company’s total revenues for the year ended December 31, 2015 but accounted for 10% and 11% of the Company’s total revenues for the years ended December 31, 2014 and 2013, respectively. A fourth client in the CS segment accounted for less than 10% of the Company’s total revenues for the years ended December 31, 2015 and 2014 but accounted for 15% of the Company’s total revenues for the year ended December 31, 2013. No other client accounted for 10% or more of total revenues during these periods. Further, in the years ended December 31, 2015, 2014 and 2013, revenues from non-US clients accounted for 51%, 47% and 35%, respectively, of the Company's revenues.
 
Revenues for each of the three years in the period ended December 31, 2015 by geographic region (determined based upon client’s domicile), are as follows:
 
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
United States
 
$
28,412
 
$
31,489
 
$
41,616
 
The Netherlands
 
 
9,610
 
 
9,870
 
 
9,163
 
United Kingdom
 
 
9,070
 
 
9,113
 
 
8,128
 
Canada
 
 
5,824
 
 
3,126
 
 
1,726
 
Others - principally Europe
 
 
5,607
 
 
5,478
 
 
3,616
 
Total
 
$
58,523
 
$
59,076
 
$
64,249
 
 
As of December 31, 2015, approximately 62% of the Company's accounts receivable was from foreign (principally European) clients and 68% of accounts receivable was due from four 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. No other client accounts for 10% or more of the receivables as of December 31, 2015 and 2014.