10.

Loss Per Share

	Three months ended March 31,
	2018		2017
	(in thousands)

Net loss attributable to Innodata Inc. and Subsidiaries	$	(268)	$	(1,730)

Weighted average common shares outstanding		25,878		25,627
Dilutive effect of outstanding options		-		-
Adjusted for dilutive effects		25,878		25,627

Basic net loss per share is computed using the weighted-average number of common shares outstanding during the period. For those securities that are not convertible into a class of common stock, the “two-class” method of computing income (loss) per share is used.

Options to purchase 4.2 million shares and 5.1 million shares of common stock for the three months ended March 31, 2018 and 2017, respectively, were outstanding but not included in the computation of diluted net loss per share because the effect would have been anti-dilutive.