XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)    
Revenues $ 21,192 $ 15,967
Operating costs and expenses:    
Direct operating costs 13,414 10,096
Selling and administrative expenses 10,190 5,525
Interest expense, net 3 10
Total 23,607 15,631
Income (loss) before provision for income taxes (2,415) 336
Provision for income taxes 475 (73)
Consolidated net income (loss) (2,890) 409
Income (loss) attributable to non-controlling interests (75) 11
Net income (loss) attributable to Innodata Inc. and Subsidiaries $ (2,815) $ 398
Income (loss) per share attributable to Innodata Inc. and Subsidiaries:    
Basic $ (0.10) $ 0.02
Diluted $ (0.10) $ 0.01
Weighted average shares outstanding:    
Basic 27,158 25,873
Diluted 27,158 29,452
Comprehensive income (loss):    
Consolidated net income (loss) $ (2,890) $ 409
Pension liability adjustment, net of taxes 40 11
Change in fair value of derivatives, net of taxes 5 0
Foreign currency translation adjustment (26) (21)
Other comprehensive loss 19 (10)
Total comprehensive income (loss) (2,871) 399
Less: Comprehensive income attributable to non-controlling interest (75) 11
Comprehensive income (loss) attributable to Innodata Inc. and Subsidiaries $ (2,796) $ 388