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Loss Per Share
3 Months Ended
Mar. 31, 2023
Loss Per Share  
Loss Per Share

13.          Loss Per Share

For the Three Months Ended

March 31, 

    

2023

    

2022

Net Loss attributable to Innodata Inc. and Subsidiaries

$

2,116

$

2,815

Weighted average common shares outstanding

 

27,460

 

27,158

Dilutive effect of outstanding options

 

-

 

-

Adjusted for dilutive computation

 

27,460

 

27,158

Basic income (loss) per share is computed using the weighted-average number of common shares outstanding during the year. Diluted income (loss) 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 income (loss) per share is used.

Options to purchase 6.6 million and 7.0 million shares of common stock for the three months ended March 31, 2023 and 2022, respectively, were outstanding but not included in the computation of diluted loss per share because the effect would have been anti-dilutive.