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Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The significant components of the provision for income taxes for each of the three years in the period ended December 31, 2015 are as follows (in thousands):

		2015			2014			2013
Current income tax expense:
Foreign		$	1,331		$	778		$	946
Federal			4			-			(24)
State and local			1			22			13
			1,336			800			935
Deferred income tax expense (benefit):
Foreign			(133)			(413)			(493)
Federal			-			19			4,530
State and local			-			-			479
			(133)			(394)			4,516
Provision for income taxes		$	1,203		$	406		$	5,451

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The reconciliation of the U.S. statutory rate with the Company’s effective tax rate for each of the three years in the period ended December 31, 2015 is summarized as follows:

		2015			2014			2013
Federal statutory rate		(34.0)	%		(34.0)	%		(34.0)	%
Effect of:
State income taxes (net of federal tax benefit)		(2.7)			(2.1)			(2.1)
Taxes on foreign income at rates that differ from U.S. statutory rate		(8.8)			(50.4)			(0.6)
Change in valuation allowance on deferred tax assets		41.1			94.1			106.3
Deemed dividend under section 956 of the Internal Revenue Code		60.9			-			-
Increase (decrease) in unrecognized tax benefits		(25.7)			(21.7)			1.6
Incremental accrual for Innodata India transfer pricing		19.6			38.7			-
Other		4.8			2.1			2.6
Effective tax rate		55.2	%		26.7	%		73.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred tax assets and liabilities are classified as current or non-current according to the classification of the related asset or liability. Significant components of the Company’s deferred tax assets and liabilities as of December 31, 2015 and 2014 are as follows (in thousands):

		December 31,
		2015			2014
Deferred income tax assets:
Allowances not currently deductible		$	312		$	341
Depreciation and amortization			1,762			2,066
Equity compensation not currently deductible			1,547			1,228
Net operating loss carryforwards			6,257			6,164
Expenses not deductible until paid			1,093			915
Tax credit carryforwards			176			176
Derivatives			61			125
Other			275			263
Total gross deferred income tax assets before valuation allowance			11,483			11,278
Valuation allowance			(9,887)			(9,627)
Net deferred income tax assets			1,596			1,651
Deferred income tax liabilities:
Acquisition of MediaMiser			(507)			(670)
Other			(217)			(284)
Totals			(724)			(954)
Net deferred tax assets		$	872		$	697
Net deferred income tax asset-current			282			254
Net deferred income tax asset-long term			1,382			1,397
Net deferred income tax liability-current			(76)			(75)
Net deferred income tax liability-long term			(716)			(879)
Net deferred income tax assets		$	872		$	697

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

United States and foreign components of loss before provision for income taxes for each of the three years ended December 31, (in thousands) are as follows:

		2015			2014			2013
United States		$	(4,992)		$	(4,218)		$	(8,482)
Foreign			2,811			2,698			1,098
Total		$	(2,181)		$	(1,520)		$	(7,384)

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The following table represents a roll forward of the Company’s unrecognized tax benefits and associated interest for the years ended (amounts in thousands):

		December 31
		2015			2014
Balance at January 1		$	1,760		$	2,245
Increase for tax position			27			206
Decrease for tax position on account of settlement			(588)			(722)
Interest accrual			-			53
Foreign currency revaluation			8			(22)
Balance at December 31		$	1,207		$	1,760

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of the change in unrecognized tax benefits.

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