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Income (Loss) per Share
 12 Months Ended
Dec. 31, 2021
Income (Loss) Per Share  
Income (Loss) per Share

13.             Income (Loss) per Share

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For the Years Ended

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December 31,

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2021

    

2020

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(in thousands)

Net income (loss) attributable to Innodata Inc. and Subsidiaries

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$

(1,673)

    

$

617

Weighted average common shares outstanding

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26,630

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24,607

Dilutive effect of outstanding options

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-

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966

Adjusted for dilutive computation

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26,630

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25,573

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Basic income (loss) per share is computed using the weighted-average number of common shares outstanding during the year. Diluted income per share is computed by considering the impact of the potential issuance of common shares, using the treasury stock method, on the weighted average number of shares outstanding. For those securities that are not convertible into a class of common stock, the two-class method of computing loss per share is used.

Options to purchase 5.5 million shares of common stock for the year ended December 31, 2021 were outstanding but not included in the computation of diluted loss per share because the effect would have been anti-dilutive. Options to purchase 1.6 million shares of common stock for the year ended December 31, 2020, were outstanding but not included in the computation of diluted income per share because the exercise price of the options were greater than the average market price of the common shares and therefore have not been considered as potential equity shares.