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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 73,859 $ 46,897
Accounts receivable, net of allowance for credit losses 39,440 28,013
Prepaid expenses and other current assets 6,478 6,090
Total current assets 119,777 81,000
Property and equipment, net 7,143 4,101
Right-of-use-asset, net 4,332 4,238
Other assets 1,524 1,267
Deferred income taxes, net 4,188 7,492
Intangibles, net 13,885 13,353
Goodwill 2,067 1,998
Total assets 152,916 113,449
Current liabilities:    
Accounts payable 4,389 4,554
Accrued expenses 12,297 4,891
Accrued salaries, wages and related benefits 15,262 13,836
Deferred revenues 7,025 8,010
Income and other taxes 3,205 5,695
Long-term obligations - current portion 1,221 1,643
Operating lease liability - current portion 1,122 877
Total current liabilities 44,521 39,506
Deferred income taxes, net 40 32
Long-term obligations, net of current portion 7,560 6,744
Operating lease liability, net of current portion 3,555 3,778
Total liabilities 55,676 50,060
Commitments and contingencies
STOCKHOLDERS' EQUITY:    
Serial preferred stock; 4,998,000 shares authorized, none issued and outstanding
Common stock, $.01 par value; 75,000,000 shares authorized; 35,043,000 shares issued and 31,859,000 outstanding at September 30, 2025 and 34,484,000 shares issued and 31,300,000 outstanding at December 31, 2024 351 345
Additional paid-in capital 62,899 53,085
Retained earnings 42,325 18,977
Accumulated other comprehensive loss (1,787) (2,470)
Stockholders' equity before treasury stock, total 103,788 69,937
Less: treasury stock, 3,184,000 shares at September 30, 2025 and December 31, 2024, at cost (6,465) (6,465)
Stockholders' equity Innodata Inc. and subsidiaries 97,323 63,472
Non-controlling interests (83) (83)
Total Stockholder' equity 97,240 63,389
Total liabilities and stockholders' equity $ 152,916 $ 113,449