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Segment reporting and concentrations
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
12.
Segment reporting and concentrations
 
The Company’s operations are classified into three reportable segments: Digital Data Solutions (DDS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS).
 
The DDS 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 financial services institutions.
 
The Company’s MIS segment operates through its Agility PR Solutions and Bulldog Reporter subsidiaries. Agility PR Solutions offers self and full-service solutions that address the entire communications life cycle – from identifying influencers, amplifying messages, monitoring coverage, to measuring impact.
 
A significant portion of the Company’s revenues is generated from its production facilities in the Philippines, India, Sri Lanka, Canada, Germany, the United Kingdom 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,
 
 
 
2017
 
2016
 
Revenues:
 
 
 
 
 
 
 
DDS
 
$
46,753
 
$
50,639
 
IADS
 
 
4,751
 
 
4,347
 
MIS
 
 
9,425
 
 
8,088
 
Total Consolidated
 
$
60,929
 
$
63,074
 
 
 
 
 
 
 
 
 
Income (loss) before provision for income taxes (1):
 
 
 
 
 
 
 
DDS
 
$
1,327
 
$
1,137
 
IADS
 
 
(3,588)
 
 
(4,664)
 
MIS
 
 
(2,813)
 
 
(1,258)
 
Total Consolidated
 
$
(5,074)
 
$
(4,785)
 
 
 
 
 
 
 
 
 
Loss before provision for income taxes (2):
 
 
 
 
 
 
 
DDS
 
$
(1,729)
 
$
(1,776)
 
IADS
 
 
(596)
 
 
(1,778)
 
MIS
 
 
(2,749)
 
 
(1,231)
 
Total Consolidated
 
$
(5,074)
 
$
(4,785)
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
December 31, 2016
 
Total assets:
 
 
 
 
 
 
 
DDS
 
$
25,520
 
$
24,432
 
IADS
 
 
1,331
 
 
1,282
 
MIS
 
 
21,020
 
 
21,874
 
Total Consolidated
 
$
47,871
 
$
47,588
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
December 31, 2016
 
Goodwill:
 
 
 
 
 
 
 
DDS
 
$
675
 
$
675
 
MIS
 
 
2,157
 
 
2,059
 
Total Consolidated
 
$
2,832
 
$
2,734
 
 
(1) Before elimination of any inter-segment profits
(2) After elimination of any inter-segment profits
 
Long-lived assets as of December 31, 2017 and 2016 by geographic region are comprised of:
 
 
 
2017
 
2016
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
United States
 
$
5,321
 
$
4,669
 
 
 
 
 
 
 
 
 
Foreign countries:
 
 
 
 
 
 
 
Canada
 
 
6,888
 
 
5,085
 
United Kingdom
 
 
2,388
 
 
2,376
 
Philippines
 
 
1,446
 
 
1,940
 
India
 
 
1,042
 
 
1,520
 
Sri Lanka
 
 
504
 
 
683
 
Israel
 
 
36
 
 
47
 
Germany
 
 
2
 
 
2
 
Total foreign
 
 
12,306
 
 
11,653
 
Total
 
$
17,627
 
$
16,322
 
 
Two clients in the DDS segment generated approximately 30% and 31% of the Company’s total revenues in the fiscal years ended December 31, 2017 and 2016, respectively. No other client accounted for 10% or more of total revenues during these periods. Further, in the years ended December 31, 2017 and 2016, revenues from non-US clients accounted for 51% and 49%, respectively, of the Company's revenues.
 
Revenues for each of the two years in the period ended December 31, 2017 by geographic region (determined based upon client’s domicile), are as follows:
 
 
 
2017
 
2016
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
 
United States
 
$
30,135
 
$
32,070
 
United Kingdom
 
 
10,514
 
 
8,271
 
Others - principally Europe
 
 
7,773
 
 
7,555
 
The Netherlands
 
 
6,871
 
 
9,216
 
Canada
 
 
5,636
 
 
5,962
 
Total
 
$
60,929
 
$
63,074
 
 
As of December 31, 2017, approximately 61% of the Company's accounts receivable was from foreign (principally European) clients and 51% of accounts receivable was due from three clients. As of December 31, 2016, approximately 73% of the Company's accounts receivable was from foreign (principally European) clients and 52% of accounts receivable was due from three clients. No other client accounts for 10% or more of the receivables as of December 31, 2017.