Innodata (INOD) 10-Q 7 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 24, 2015
Document Information [Line Items]
Entity Registrant Name	INNODATA INC
Entity Central Index Key	903,651
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	INOD
Entity Common Stock, Shares Outstanding		25,337,267
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 23,696	$ 24,216
Accounts receivable, net	9,810	10,445
Prepaid expenses and other current assets	3,105	3,020
Deferred income taxes	254	254
Total current assets	36,865	37,935
Property and equipment, net	5,256	5,915
Other assets	2,646	2,718
Deferred income taxes	1,448	1,397
Intangibles, net	4,692	5,261
Goodwill	1,573	1,635
Total assets	52,480	54,861
Current liabilities:
Accounts payable	1,102	1,271
Accrued expenses	3,477	3,427
Accrued salaries, wages and related benefits	5,009	4,464
Income and other taxes	1,329	1,325
Current portion of long term obligations	1,363	1,606
Deferred income taxes	13	75
Total current liabilities	12,293	12,168
Deferred income taxes	807	879
Long term obligations	$ 5,383	$ 5,540
Commitments and contingencies
Non-controlling interests	$ (3,229)	$ (2,949)
STOCKHOLDERS' EQUITY:
Serial preferred stock; 5,000,000 shares authorized, none outstanding	0	0
Common stock, $.01 par value; 75,000,000 shares authorized; 26,881,000 shares issued and 25,337,000 outstanding at June 30, 2015 and December 31, 2014	268	268
Additional paid-in capital	23,339	22,780
Retained earnings	18,111	20,750
Accumulated other comprehensive loss	(204)	(287)
Stockholders' Equity before Treasury Stock, Total	41,514	43,511
Less: treasury stock, 1,544,000 shares at cost	(4,288)	(4,288)
Total stockholders' equity	37,226	39,223
Total liabilities and stockholders' equity	$ 52,480	$ 54,861

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Serial preferred stock, shares authorized	5,000,000	5,000,000
Serial preferred stock, outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	26,881,000	25,337,000
Common stock, shares outstanding	26,881,000	25,337,000
Treasury stock, shares	1,544,000	1,544,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues	$ 14,063	$ 14,314	$ 27,865	$ 28,380
Operating costs and expenses:
Direct operating costs	10,991	11,319	22,115	21,610
Selling and administrative expenses	4,278	3,862	8,413	7,651
Interest income, net	(19)	(22)	(45)	(31)
Totals	15,250	15,159	30,483	29,230
Loss before income taxes	(1,187)	(845)	(2,618)	(850)
Provision for (benefit from) income taxes	(254)	106	301	207
Net loss	(933)	(951)	(2,919)	(1,057)
Loss attributable to non-controlling interests	134	288	280	583
Net loss attributable to Innodata Inc. and Subsidiaries	$ (799)	$ (663)	$ (2,639)	$ (474)
Loss per share attributable to Innodata Inc. and Subsidiaries:
Basic and Diluted (in dollars per share)	$ (0.03)	$ (0.03)	$ (0.10)	$ (0.02)
Weighted average shares outstanding:
Basic and Diluted (in shares)	25,337	25,239	25,337	25,146
Comprehensive income (loss):
Net loss	$ (933)	$ (951)	$ (2,919)	$ (1,057)
Pension liability adjustment, net of taxes	10	25	20	20
Change in fair value of derivatives, net of taxes	(23)	255	483	910
Foreign currency translation adjustment, net of taxes	119	0	(420)	0
Other Comprehensive income	106	280	83	930
Total Comprehensive loss	(827)	(671)	(2,836)	(127)
Comprehensive loss attributed to non-controlling interest	134	288	280	583
Comprehensive income (loss) attributable to Innodata Inc. and Subsidiaries	$ (693)	$ (383)	$ (2,556)	$ 456

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flow from operating activities:
Net loss	$ (2,919)	$ (1,057)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	1,436	1,391
Stock-based compensation	559	544
Deferred income taxes	(211)	(226)
Pension cost	316	440
Changes in operating assets and liabilities:
Accounts receivable	615	2,504
Prepaid expenses and other current assets	74	449
Other assets	(111)	218
Accounts payable and accrued expenses	196	276
Accrued salaries, wages and related benefits	544	(61)
Restricted shares withheld for taxes	0	(14)
Payment of minimum witholding taxes on net settlement of stock options	0	(23)
Income and other taxes	(7)	(44)
Net cash provided by operating activities	492	4,397
Cash flow from investing activities:
Capital expenditures	(298)	(1,492)
Net cash used in investing activities	(298)	(1,492)
Cash flow from financing activities:
Proceeds from equipment financing	0	859
Proceeds from exercise of stock options	0	120
Payment of long term obligations	(583)	(533)
Net cash provided by (used in) financing activities	(583)	446
Effect of exchange rate changes on cash and cash equivalents	(131)	0
Net increase (decrease) in cash and cash equivalents	(520)	3,351
Cash and cash equivalents, beginning of period	24,216	24,752
Cash and cash equivalents, end of period	23,696	28,103
Supplemental disclosures of noncash investing and financing activities:
Cash paid for income taxes	412	412
Vendor financed software licenses acquired	$ 0	$ 1,205

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2013	$ 39,973	$ 266	$ 22,963	$ 21,724	$ (692)	$ (4,288)
Balance (in shares) at Dec. 31, 2013		25,053
Net loss	(474)	$ 0	0	(474)	0	0
Stock-based compensation	544	0	544	0	0	0
Issuance of common stock upon exercise of stock options	97	$ 1	96	0	0	0
Issuance of common stock upon exercise of stock options (in shares)		200
Restricted shares withheld for taxes	(14)	$ 0	(14)	0	0	0
Restricted shares withheld for taxes (in shares)		(5)
Acquisition of non-controlling interest	(93)	$ 0	(93)	0	0	0
Pension liability adjustments, net of taxes	20	0	0	0	20	0
Foreign currency translation adjustment, net of taxes	0
Change in fair value of derivatives, net of taxes	910	0	0	0	910	0
Balance at Jun. 30, 2014	40,963	$ 267	23,496	21,250	238	(4,288)
Balance (in shares) at Jun. 30, 2014		25,248
Balance at Dec. 31, 2014	39,223	$ 268	22,780	20,750	(287)	(4,288)
Balance (in shares) at Dec. 31, 2014		25,337
Net loss	(2,639)	$ 0	0	(2,639)	0	0
Stock-based compensation	559	0	559	0	0	0
Pension liability adjustments, net of taxes	20	0	0	0	20	0
Foreign currency translation adjustment, net of taxes	(420)	0	0	0	483	0
Change in fair value of derivatives, net of taxes	483	0	0	0	(420)	0
Balance at Jun. 30, 2015	$ 37,226	$ 268	$ 23,339	$ 18,111	$ (204)	$ (4,288)
Balance (in shares) at Jun. 30, 2015		25,337

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Business Description and Accounting Policies [Text Block]	Description of Business and Summary of Significant Accounting Policies Innodata Inc. and Subsidiaries (the “Company”) is a global digital services and solutions company. The Company’s technology and services power leading information products and online retail destinations around the world. The Company’s solutions help prestigious enterprises harness the power of digital data to re-imagine how they operate and drive performance. The Company serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies and many other industries. The Company operates in three reporting segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The Company’s IADS segment designs and develops new capabilities to enable clients in the financial services, insurance, medical and healthcare sectors to improve decision-support through digital technologies. IADS operates through two subsidiaries. Synodex offers a range of services for healthcare, medical and insurance companies, and docGenix provides services to financial services institutions. As of June 30, 2015, Innodata owned 90 94 In July 2014, the Company acquired MediaMiser, a leading provider of media monitoring and analysis software and professional services for organizations of all sizes. Through its innovative web-based and mobile solutions, MediaMiser reduces the time and effort it takes to gather, analyze and distribute valuable business intelligence extracted from traditional and social media sources. For organizations that prefer to outsource, MediaMiser also provides detailed analysis reports and daily media briefings through an expert client services team. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Bulldog Reporter has provided PR industry newsletters, a journalist database, media intelligence and professional development programs for over 30 years. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries. -The condensed consolidated financial statements for the interim periods included herein are unaudited; however, they contain all adjustments (consisting of only normal recurring adjustments) which, in the opinion of management, are necessary to present fairly the consolidated financial position of the Company as of June 30, 2015, the results of its operations and comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014, cash flows and stockholders’ equity for the six months ended June 30, 2015 and 2014. The results of operations for the interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2014, included in the Company's Annual Report on Form 10-K. Unless otherwise noted, the accounting policies used in preparing these condensed consolidated financial statements are the same as those described in the December 31, 2014 consolidated financial statements. -The consolidated financial statements include the accounts of Innodata Inc. and its wholly-owned subsidiaries, MediaMiser, a corporation in which the Company owns substantially all of the economic interest, and the Synodex and docGenix limited liability companies that are majority-owned by the Company. The non-controlling interests in the Synodex and docGenix limited liability companies are accounted for in accordance with Financial Accounting Standards Board (FASB) non-controlling interest guidance. All significant intercompany transactions and balances have been eliminated in consolidation. -In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include those related to revenue recognition, allowance for doubtful accounts and billing adjustments, long-lived assets, intangible assets, goodwill, valuation of deferred tax assets, valuation of securities underlying stock-based compensation, litigation accruals, pension benefits, purchase price allocation of the assets acquired in the acquisition of MediaMiser and Bulldog Reporter, valuation of derivative instruments and estimated accruals for various tax exposures. -The functional currency for the Company’s production operations located in the Philippines, India, Sri Lanka and Israel is the U.S. dollar. Transactions denominated in Philippine pesos, Indian and Sri Lankan rupees and Israeli shekels are translated to U.S. dollars at rates which approximate those in effect on transaction dates. The functional currency of the foreign subsidiaries located in Germany and Canada are the Euro and the Canadian dollar, respectively. The financial statements of these subsidiaries are reported in these respective currencies. Financial information is translated from the applicable functional currency to the U.S. dollar (the reporting currency) for inclusion in our condensed consolidated financial statements. Income, expenses and cash flows are translated at weighted average exchange rates prevailing during the fiscal period, and assets and liabilities are translated at fiscal period-end exchange rates. Resulting translation adjustments are included as a component of accumulated other comprehensive loss in stockholders' equity. Foreign exchange transaction gains or losses are included in direct operating costs in the accompanying consolidated statements of operations and comprehensive income (loss). -For the CS segment, revenue is recognized based on the quantity delivered or resources utilized, the period in which services are performed and delivered and when all the criteria of Staff Accounting Bulletin 104 have been met. Revenues for contracts billed on a time-and-materials basis are recognized as services are performed. Revenues under fixed-fee contracts, which are not significant to overall revenues, are recognized on the percentage of completion method of accounting, as services are performed or milestones are achieved. For the IADS segment, revenue is recognized primarily based on the quantity delivered, and the period in which services are performed and deliverables are made as per contracts. The MIS segment derives its revenues primarily from subscription arrangements. Revenue from subscriptions is recognized monthly when access to the service is provided to the end user and there are no significant remaining obligations, persuasive evidence of an arrangement exists, the fees are fixed or determinable and collection is reasonably assured. Revenues include reimbursement of out-of-pocket expenses, with the corresponding out-of-pocket expenses included in direct operating costs. -In May 2014, the FASB issued guidance on revenue from contracts with customers. This update is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. It also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This accounting guidance is effective prospectively for annual reporting periods, and interim periods within those periods, beginning after December 15, 2017 and early adoption is permitted in the first quarter of 2017. Companies may use either a full retrospective or a modified retrospective approach to adopt the new standard when it takes effect. The Company has not yet determined the potential effects of the adoption of this standard on its consolidated financial statements. In June 2014, the FASB issued guidance on accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. This new guidance requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. This accounting guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015, with early adoption permitted. The Company adopted the standard in the first quarter of 2015, and the adoption did not have a material impact on its condensed consolidated financial statements.

Property and Equipment

Property and Equipment	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	2. Property and Equipment Property and equipment are stated at cost less accumulated depreciation and amortization (in thousands) and consist of the following: June 30, December 31, 2015 2014 Equipment $ 13,709 $ 13,719 Software 4,987 4,863 Furniture and equipment 2,359 2,348 Leasehold improvements 4,941 4,919 Total 25,996 25,849 Less: accumulated depreciation and amortization (20,740) (19,934) $ 5,256 $ 5,915 Depreciation and amortization expense of property and equipment was approximately $0.5 million and $0.6 million for the three months ended June 30, 2015 and 2014, respectively. Depreciation and amortization expense of property and equipment was approximately $1.0 million and $1.4 million for the six months ended June 30, 2015 and 2014, respectively.

Acquisition

Acquisition	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	3. Acquisition On July 28, 2014, the Company acquired 100 100 50 The purchase price for the acquisition, on a constant currency basis, aggregated $ 5.4 4.6 Of the non-contingent portion of the purchase price, $4.1 million was paid by the Company in cash at closing; $0.6 million was paid by the Company on July 28, 2015 in shares of Innodata Inc.’s common stock; and $0.7 million is payable by the Company on July 28, 2016 in shares of Innodata Inc.’s common stock, or at the Company’s option, in cash. The contingent consideration, if earned, is payable in May 2017 in cash, or at the Company’s option, in up to 70% in Innodata Inc.’s common stock, with the balance in cash. The estimated fair value of the contingent consideration was determined based on the Company’s estimates using the probability-weighted discounted cash flow approach. The fair value of the contingent consideration as of June 30, 2015 was $ 0.5 The amounts assigned to developed technology, customer relationships, trademarks and tradenames are amortized over the estimated useful life of 10 12 10 11 As this acquisition was effective on July 28, 2014, the results of operations of MediaMiser are included in the condensed consolidated financial statements for the period beginning July 29, 2014. On December 23, 2014 the Company acquired intellectual property and related assets of Bulldog Reporter from Sirius Information, Inc. Bulldog Reporter has provided PR industry newsletters, a journalist database, media intelligence and professional development programs for over 30 years. Both MediaMiser and Bulldog Reporter clients will benefit from the combined product offerings. The Company expects that Bulldog Reporter business will accelerate the product development cycle for certain products and further penetration into the U.S. market for the MIS service offering. The assets acquired included the Daily Dog, the Bulldog Awards, Inside Health Media, Media Pro, and certain leading industry books and publications. The estimated fair value of trademarks and tradenames amounted to $ 320,000 160,000 5 The unaudited pro forma information for the periods set forth below gives effect to the acquisition of MediaMiser as if it had occurred at the beginning of fiscal year 2014, and after including the impact of adjustments such as amortization of intangible assets, stock-based compensation expense and interest expense. The pro forma information is presented for informational purposes only and is not necessarily indicative of the results of operations that actually would have been achieved had the acquisition been consummated as of that time, or that may result in the future. Three Months Ended Six Months Ended June 30, 2014 June 30, 2014 Revenues: As reported $ 14,314 $ 28,380 Proforma $ 15,279 $ 30,363 Net loss attributable to Innodata Inc. and Subsidiaries: As reported $ (663) $ (476) Proforma $ (641) $ (650) Basic and diluted net loss per share: As reported $ (0.03) $ (0.02) Proforma $ (0.03) $ (0.03)

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure [Text Block]	4. Goodwill and Intangible Assets The changes in the carrying amount of goodwill for the six months ended June 30, 2015 were as follows (in thousands): Balance as of January 1, 2015 $ 1,635 Foreign currency translation adjustment (62) Balance as of June 30, 2015 $ 1,573 Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands): Trademarks Developed Customer and technology relationships tradenames Patents Total Gross carrying amounts: Balance as of December 31, 2014 2,369 2,439 596 50 5,454 Foreign currency translation (151) (157) (13) (4) (325) Balance as of June 30, 2015 $ 2,218 $ 2,282 $ 583 $ 46 $ 5,129 Trademarks Developed Customer and technology relationships tradenames Patents Total Accumulated amortization: Balance as of December 31, 2014 98 84 11 - 193 Amortization expense 113 97 46 4 260 Foreign currency translation (8) (7) (1) - (16) Balance as of June 30, 2015 $ 203 $ 174 $ 56 $ 4 $ 437 Amortization expense relating to acquisition-related intangible assets for the three months ended June 30, 2015 was $0.2 million. There was no amortization expense during the three months ended June 30, 2014 as the acquisition was consummated on July 28, 2014. Amortization expense relating to acquisition-related intangible assets for the six months ended June 30, 2015 was $0.3 million. There was no amortization expense during the six months ended June 30, 2014 as the acquisition was consummated on July 28, 2014. Estimated annual amortization expense for intangible assets subsequent to June 30, 2015 is as follows (in thousands): Year Amortization 2015 $ 507 2016 $ 507 2017 $ 507 2018 $ 507 2019 $ 475 Thereafter $ 2,189 $ 4,692

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	5. Income Taxes The Company had unrecognized tax benefits of approximately $ 1.2 1.8 0.4 0.6 Unrecognized tax benefits Balance - January 1, 2015 $ 1,760 Decrease for tax position settled for prior years (544) Increase for tax position in prior years 27 Foreign currency revaluation 17 Balance - June 30, 2015 $ 1,260 The Company is subject to Federal income tax, as well as income tax in various states and foreign jurisdictions. The Company is no longer subject to examination by Federal tax authorities for years prior to 2006 and by New Jersey tax authorities for years prior to 2012. Various foreign subsidiaries currently have open tax years from 2003 through 2014. Pursuant to an income tax audit by the Indian Bureau of Taxation in March 2006, one of the Company’s Indian subsidiaries received a tax assessment approximating $ 260,000 260,000 284,000 309,000 284,000 1.0 488,000 0.3 488,000 153,000 The Company from time to time is also subject to various other tax proceedings and claims for its Philippines subsidiaries. The Company has recorded a tax provision amounting to $ 310,000

Commitments and contingencies

Commitments and contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Commitments and Contingencies Litigation - In 2008, the Supreme Court of the Republic of the Philippines refused to review a decision of the Court of Appeals in Manila against a Philippines subsidiary of the Company that is inactive and has no material assets, and purportedly also against Innodata Inc., that orders the reinstatement of certain former employees of the subsidiary to their former positions and also orders the payment of back wages and benefits that aggregate approximately $ 8.0 The Company is also subject to various legal proceedings and claims which arise in the ordinary course of business. While management currently believes that the ultimate outcome of these proceedings will not have a material adverse effect on the Company’s consolidated financial position or overall trends in consolidated results of operations, litigation is subject to inherent uncertainties. Substantial recovery against the Company in the above-referenced Philippines action could have a material adverse impact on the Company, and unfavorable rulings or recoveries in the other proceedings could have a material adverse impact on the operating results of the period in which the ruling or recovery occurs. In addition, the Company’s estimate of the potential impact on the Company’s consolidated financial position or overall consolidated results of operations for the above legal proceedings could change in the future. The Company’s legal reserves related to legal proceedings and claims are based on a determination of whether or not a loss is probable. The Company reviews outstanding proceedings and claims with external counsel to assess probability and estimates of loss. The reserves are adjusted if necessary. While the Company intends to defend these matters vigorously, adverse outcomes that it estimates could reach approximately $ 100,000 Foreign Currency - To the extent that the currencies of the Company’s production facilities located in the Philippines, India, Sri Lanka and Israel fluctuate, the Company is subject to risks of changing costs of production after pricing is established for certain client projects. In addition, the Company is exposed to the risk of foreign currency fluctuation on the non U.S. dollar denominated revenues, and on the monetary assets and liabilities held by its foreign subsidiaries that are denominated in local currency. Indemnifications -The Company is obligated under certain circumstances to indemnify directors, certain officers and employees against costs and liabilities incurred in actions or threatened actions brought against such individuals because such individuals acted in the capacity of director and/or officer or fiduciary of the Company. In addition, the Company has contracts with certain clients pursuant to whom the Company has agreed to indemnify the client for certain specified and limited claims. These indemnification obligations occur in the ordinary course of business and, in many cases, do not include a limit on potential maximum future payments. As of June 30, 2015, the Company has not recorded a liability for any obligations arising as a result of these indemnifications. Liens -In connection with the procurement of tax incentives at one of the Company’s foreign subsidiaries, the foreign zoning authority was granted a first lien on the subsidiary’s property and equipment. As of June 30, 2015, the net book value of the property and equipment was $ 0.5

Stock Options

Stock Options	6 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	7. Stock Options The Company adopted, with stockholder approval, amendments to the Innodata Inc. 2013 Stock Plan. The maximum number of shares of common stock that may be delivered, purchased or used for reference purposes (with respect to stock appreciation rights or stock units) with respect to awards granted under the Innodata Inc. 2013 Stock Plan, as amended and restated (the “2013 Plan”) is 2,138,655 41,096 Weighted- Average Weighted - Remaining Number of Average Contractual Term Aggregate Options Exercise Price (years) Intrinsic Value Outstanding at January 1, 2015 3,641,857 $ 3.05 Granted - - Exercised - - Forfeited/Expired (64,767) 2.87 Outstanding at June 30, 2015 3,577,090 $ 3.05 4.40 $ 50,275 Exercisable at June 30, 2015 1,346,482 $ 3.06 3.12 $ 40,900 Vested and Expected to Vest at June 30, 2015 3,577,090 $ 3.06 4.40 $ 50,275 Six Months Ended June 30, 2015 2014 Weighted average fair value of options granted $ - $ 1.35 Risk-free interest rate - 1.53% to 1.68 % Expected life (years) - 5 Expected volatility factor - 54.96 % Expected dividends - - Weighted- Average Grant Number of Shares Date Fair Value Unvested at January 1, 2015 7,500 $ 2.59 Granted - - Vested (7,500) 2.59 Forfeited/Expired - - Unvested at June 30, 2015 - $ - The total compensation cost related to non-vested stock awards not yet recognized as of June 30, 2015 totaled approximately $ 1.4 Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Direct operating costs $ 104 $ 106 $ 195 $ 175 Selling and administrative expenses 170 240 364 369 Total stock-based compensation $ 274 $ 346 $ 559 $ 544 There were no options exercised in the six months ended June 30, 2015.

Long term obligations

Long term obligations	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	8. Long term obligations June 30, December 31, 2015 2014 Vendor obligations Capital lease obligations (1) $ 518 $ 656 Deferred lease payments (2) 717 792 Microsoft licenses (3) 401 759 Acquisition related liability (4) 1,622 1,735 Pension obligations Accrued pension liability 3,488 3,204 6,746 7,146 Less: Current portion of long term obligations 1,363 1,606 Totals $ 5,383 $ 5,540 (1) In March 2014, the Company entered into an equipment sale leaseback agreement with a financing company. The cash proceeds from the transaction were $ 0.9 36 months 6 0.4 (2) Deferred lease payments represent the effect of straight-lining non-financing type lease payments over the respective lease terms. (3) In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $ 0.4 Prepaid expenses and other current assets $ 356 Other assets 713 Property and equipment 136 $ 1,205 (4) Amount represents a portion of the purchase price consideration for the acquisition of MediaMiser as follows: $ 0.5 0.6 4.6 0.5

Comprehensive Income (Loss)

Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	9. Comprehensive Income (Loss) Accumulated other comprehensive loss, as reflected in the condensed consolidated balance sheets, consists of pension liability adjustments, net of taxes, foreign currency translation adjustment, net of taxes and changes in fair value of derivatives, net of taxes. The components of accumulated other comprehensive loss as of June 30, 2015, and reclassifications out of accumulated other comprehensive income (loss) for the six months ended June 30, 2015 and 2014, were as follows (net of tax): Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at April 1, 2015 $ 507 $ 169 $ (986) $ (310) Other comprehensive income (loss) before reclassifications, net of taxes - (69) 119 50 Total other comprehensive income (loss) before reclassifications, net of taxes 507 100 (867) (260) Net amount reclassified to earnings 10 46 56 Balance at June 30, 2015 $ 517 $ 146 $ (867) $ (204) Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at April 1, 2014 $ (121) $ 79 $ - $ (42) Other comprehensive income before reclassifications, net of taxes 15 259 - 274 Total other comprehensive income (loss) before reclassifications, net of taxes (106) 338 - 232 Net amount reclassified to earnings 10 (4) - 6 Balance at June 30, 2014 $ (96) $ 334 $ - $ 238 Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at January 1, 2015 $ 497 $ (337) $ (447) $ (287) Other comprehensive income (loss) before reclassifications, net of taxes - 405 (420) (15) Total other comprehensive income (loss) before reclassifications, net of taxes 497 68 (867) (302) Net amount reclassified to earnings 20 78 - 98 Balance at June 30, 2015 $ 517 $ 146 $ (867) $ (204) Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at January 1, 2014 $ (116) $ (576) $ - $ (692) Other comprehensive income before reclassifications, net of taxes - 529 - 529 Total other comprehensive loss before reclassifications, net of taxes (116) (47) - (163) Net amount reclassified to earnings 20 381 - 401 Balance at June 30, 2014 $ (96) $ 334 $ - $ 238 All reclassifications out of accumulated other comprehensive income (loss) had an impact on direct operating costs in the condensed consolidated statements of operations and comprehensive income (loss).

Segment Reporting and Concentra

Segment Reporting and Concentrations	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	10. Segment Reporting and Concentrations The Company’s operations are classified into three reportable segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The IADS segment performs advanced data analysis and operates through two subsidiaries: Synodex and docGenix. Synodex offers a range of data analysis services in the healthcare, medical and insurance areas. docGenix provides services to certain financial services institutions. In July 2014, the Company acquired MediaMiser, an Ottawa, Canada-based provider of automated, real-time traditional and social media monitoring services. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Both these businesses constitute Company’s MIS Segment. A significant portion of the Company’s revenues are generated from its production facilities in the Philippines, India, Sri Lanka, Canada, Germany and Israel. Three Months Ended June 30, Six Months Ended June 30, Revenues: 2015 2014 2015 2014 Content Services $ 12,370 $ 14,136 $ 24,561 $ 28,130 IADS 545 178 950 250 MediaMiser 1,148 - 2,354 - Total Consolidated $ 14,063 $ 14,314 $ 27,865 $ 28,380 Loss before provision for income taxes (1) Content Services $ 701 $ 981 $ 1,064 $ 2,871 IADS (1,500) (1,826) (3,095) (3,721) MediaMiser (388) - (587) - Total Consolidated $ (1,187) $ (845) $ (2,618) $ (850) Loss before provision for income taxes (2) Content Services $ 98 $ 511 $ (120) $ 1,932 IADS (898) (1,356) (1,912) (2,782) MediaMiser (387) - (586) - Total Consolidated $ (1,187) $ (845) $ (2,618) $ (850) June 30, 2015 December 31, 2014 Total assets: Content Services $ 42,092 $ 46,681 IADS 965 540 MediaMiser 9,423 7,640 Total Consolidated $ 52,480 $ 54,861 (1) Before elimination of any inter-segment profits (2) After elimination of any inter-segment profits Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 United States $ 6,615 $ 7,756 $ 13,203 $ 15,745 United Kingdom 2,050 2,645 4,251 4,124 The Netherlands 2,648 2,231 4,760 5,276 Canada 1,456 351 2,827 710 Other - principally Europe 1,294 1,331 2,824 2,525 $ 14,063 $ 14,314 $ 27,865 $ 28,380 June 30, December 31, 2015 2014 United States $ 1,209 $ 1,600 Foreign countries: Philippines 1,802 2,081 India 1,874 2,136 Sri Lanka 763 890 Canada 5,848 6,061 Israel 23 29 Germany 2 14 Total foreign 10,312 11,211 $ 11,521 $ 12,811 Two clients generated approximately 36 32 10 53 46 Two clients generated approximately 35 32 10 53 45 As of June 30, 2015, approximately 56 55 49 58

Net Loss Per Share

Net Loss Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	11. Net Loss Per Share Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (in thousands) (in thousands) Net loss attributable to Innodata Inc. and Subsidiaries $ (799) $ (663) $ (2,639) $ (474) Weighted average common shares outstanding 25,337 25,239 25,337 25,146 Dilutive effect of outstanding options - - - - Adjusted for dilutive computation 25,337 25,239 25,337 25,146 Basic net loss per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net 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 per share is used. Options to purchase 2.6 1.6 1.0 2.3 Options to purchase 2.6 1.6 1.0 2.3

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	12. Derivatives The Company conducts a large portion of its operations in international markets that subject it to foreign currency fluctuations. The most significant foreign currency exposures occur when revenue and associated accounts receivable are collected in one currency and expenses to generate that revenue are incurred in another currency. The Company’s primary exchange rate exposure relates to payroll, other payroll costs and operating expenses in the Philippines, India, Sri Lanka and Israel. In addition, although the majority of the Company’s revenues is denominated in U.S. dollars, a significant portion of the total revenues is denominated in Canadian dollars and Euros. To manage its exposure to fluctuations in foreign currency exchange rates, the Company entered into foreign currency forward contracts, authorized under Company policies, with counterparties that were highly rated financial institutions. The Company utilized non-deliverable forward contracts expiring within twelve months to reduce its foreign currency risk. The Company formally documents all relationships between hedging instruments and hedged items, as well as its risk management objective and strategy for undertaking hedge transactions. The Company does not hold or issue derivatives for trading purposes. All derivatives are recognized at their fair value and classified based on the instrument’s maturity date. The total notional amount for outstanding derivatives as of June 30, 2015 and December 31, 2014 was $ 18.1 19.4 Balance Sheet Location Fair Value 2015 2014 Derivatives designated as hedging instruments: Foreign currency forward contracts Prepaid expenses and other current assets $ 146 $ - Foreign currency forward contracts Accrued expenses $ - $ 337 Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Net gain (loss) recognized in OCI (1) $ (69) $ 259 $ 405 $ 529 Net gain (loss) reclassified from accumulated OCI into income (2) $ (46) $ 4 $ (78) $ (381) Net gain recognized in income (3) $ - $ - $ - $ - (1) Net change in fair value of the effective portion classified into other comprehensive income ("OCI"). (2) Effective portion classified within direct operating cost. (3) There were no effective portions for the period presented.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2015
Investments, All Other Investments [Abstract]
Financial Instruments Disclosure [Text Block]	13. Financial Instruments The carrying amounts of financial instruments, including cash and cash equivalents, accounts receivable and accounts payable approximated their fair value as of June 30, 2015 and December 31, 2014, because of the relative short maturity of these instruments. “ Fair Value Measurements and Disclosures The accounting standard establishes a fair value hierarchy that prioritizes the inputs used to measure fair value into three levels. The three levels are defined as follows: · Level 1 : Unadjusted quoted price in active market for identical assets and liabilities. · Level 2: Observable inputs other than those included in Level 1. · Level 3: Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. June 30, 2015 Level 1 Level 2 Level 3 Assets Derivatives $ - $ 146 $ - Liabilities Contingent Considerations $ - $ - $ 508 December 31, 2014 Level 1 Level 2 Level 3 Liabilities Derivatives $ - $ 337 $ - Contingent Considerations $ - $ - $ 553 Balance at December 31, 2014 553 Effect of foreign currency translation adjustment (45) Balance at June 30, 2015 508 The Level 2 assets and liabilities contain foreign currency forward contracts. Fair value is determined based on the observable market transactions of spot and forward rates. The fair value of these contracts as of June 30, 2015 is included in prepaid expenses and other current assets, and as of December 31, 2014, is included in accrued expenses in the accompanying condensed consolidated balance sheets. The acquisition of MediaMiser includes contingent consideration that requires additional amounts to be paid by the Company based on MediaMiser’s revenues and EBITDA during the period from April 1, 2016 to June 30, 2017. The fair value measurement of the contingent consideration obligation is determined using Level 3 unobservable inputs supported by little or no market activity by applying the probability-weighted discounted cash flow approach. The fair value of the contingent consideration as of June 30, 2015 and December 31, 2014 was $0.5 million and the Company has recorded this amount in long term obligations in the condensed consolidated financial statements. For the three months ended June 30, 2015, the Company had no transfers between Level 1, Level 2 and Level 3. The change in fair value of the Level 3 liability is on account of foreign currency fluctuation.

Description of Business and S20

Description of Business and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Business Combinations Policy [Policy Text Block]	Description of Business- Innodata Inc. and Subsidiaries (the “Company”) is a global digital services and solutions company. The Company’s technology and services power leading information products and online retail destinations around the world. The Company’s solutions help prestigious enterprises harness the power of digital data to re-imagine how they operate and drive performance. The Company serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies and many other industries. The Company operates in three reporting segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The Company’s CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following broad business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The Company’s IADS segment designs and develops new capabilities to enable clients in the financial services, insurance, medical and healthcare sectors to improve decision-support through digital technologies. IADS operates through two subsidiaries. Synodex offers a range of services for healthcare, medical and insurance companies, and docGenix provides services to financial services institutions. As of June 30, 2015, Innodata owned 90 94 In July 2014, the Company acquired MediaMiser, a leading provider of media monitoring and analysis software and professional services for organizations of all sizes. Through its innovative web-based and mobile solutions, MediaMiser reduces the time and effort it takes to gather, analyze and distribute valuable business intelligence extracted from traditional and social media sources. For organizations that prefer to outsource, MediaMiser also provides detailed analysis reports and daily media briefings through an expert client services team. In December 2014, the Company acquired intellectual property and related assets of Bulldog Reporter. Bulldog Reporter has provided PR industry newsletters, a journalist database, media intelligence and professional development programs for over 30 years. The Company’s MIS segment operates through its MediaMiser and Bulldog Reporter subsidiaries.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation -The condensed consolidated financial statements for the interim periods included herein are unaudited; however, they contain all adjustments (consisting of only normal recurring adjustments) which, in the opinion of management, are necessary to present fairly the consolidated financial position of the Company as of June 30, 2015, the results of its operations and comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014, cash flows and stockholders’ equity for the six months ended June 30, 2015 and 2014. The results of operations for the interim periods are not necessarily indicative of results that may be expected for any other interim period or for the full year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended December 31, 2014, included in the Company's Annual Report on Form 10-K. Unless otherwise noted, the accounting policies used in preparing these condensed consolidated financial statements are the same as those described in the December 31, 2014 consolidated financial statements.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation -The consolidated financial statements include the accounts of Innodata Inc. and its wholly-owned subsidiaries, MediaMiser, a corporation in which the Company owns substantially all of the economic interest, and the Synodex and docGenix limited liability companies that are majority-owned by the Company. The non-controlling interests in the Synodex and docGenix limited liability companies are accounted for in accordance with Financial Accounting Standards Board (FASB) non-controlling interest guidance. All significant intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates -In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include those related to revenue recognition, allowance for doubtful accounts and billing adjustments, long-lived assets, intangible assets, goodwill, valuation of deferred tax assets, valuation of securities underlying stock-based compensation, litigation accruals, pension benefits, purchase price allocation of the assets acquired in the acquisition of MediaMiser and Bulldog Reporter, valuation of derivative instruments and estimated accruals for various tax exposures.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation -The functional currency for the Company’s production operations located in the Philippines, India, Sri Lanka and Israel is the U.S. dollar. Transactions denominated in Philippine pesos, Indian and Sri Lankan rupees and Israeli shekels are translated to U.S. dollars at rates which approximate those in effect on transaction dates. The functional currency of the foreign subsidiaries located in Germany and Canada are the Euro and the Canadian dollar, respectively. The financial statements of these subsidiaries are reported in these respective currencies. Financial information is translated from the applicable functional currency to the U.S. dollar (the reporting currency) for inclusion in our condensed consolidated financial statements. Income, expenses and cash flows are translated at weighted average exchange rates prevailing during the fiscal period, and assets and liabilities are translated at fiscal period-end exchange rates. Resulting translation adjustments are included as a component of accumulated other comprehensive loss in stockholders' equity. Foreign exchange transaction gains or losses are included in direct operating costs in the accompanying consolidated statements of operations and comprehensive income (loss).
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition -For the CS segment, revenue is recognized based on the quantity delivered or resources utilized, the period in which services are performed and delivered and when all the criteria of Staff Accounting Bulletin 104 have been met. Revenues for contracts billed on a time-and-materials basis are recognized as services are performed. Revenues under fixed-fee contracts, which are not significant to overall revenues, are recognized on the percentage of completion method of accounting, as services are performed or milestones are achieved. For the IADS segment, revenue is recognized primarily based on the quantity delivered, and the period in which services are performed and deliverables are made as per contracts. The MIS segment derives its revenues primarily from subscription arrangements. Revenue from subscriptions is recognized monthly when access to the service is provided to the end user and there are no significant remaining obligations, persuasive evidence of an arrangement exists, the fees are fixed or determinable and collection is reasonably assured. Revenues include reimbursement of out-of-pocket expenses, with the corresponding out-of-pocket expenses included in direct operating costs.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements -In May 2014, the FASB issued guidance on revenue from contracts with customers. This update is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. It also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This accounting guidance is effective prospectively for annual reporting periods, and interim periods within those periods, beginning after December 15, 2017 and early adoption is permitted in the first quarter of 2017. Companies may use either a full retrospective or a modified retrospective approach to adopt the new standard when it takes effect. The Company has not yet determined the potential effects of the adoption of this standard on its consolidated financial statements. In June 2014, the FASB issued guidance on accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. This new guidance requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. This accounting guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015, with early adoption permitted. The Company adopted the standard in the first quarter of 2015, and the adoption did not have a material impact on its condensed consolidated financial statements.

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment are stated at cost less accumulated depreciation and amortization (in thousands) and consist of the following: June 30, December 31, 2015 2014 Equipment $ 13,709 $ 13,719 Software 4,987 4,863 Furniture and equipment 2,359 2,348 Leasehold improvements 4,941 4,919 Total 25,996 25,849 Less: accumulated depreciation and amortization (20,740) (19,934) $ 5,256 $ 5,915

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Acquisition, Pro Forma Information [Table Text Block]	The following unaudited pro forma summary presents condensed consolidated information of the Company as if the business combination had occurred on January 1, 2014 (amount in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, 2014 June 30, 2014 Revenues: As reported $ 14,314 $ 28,380 Proforma $ 15,279 $ 30,363 Net loss attributable to Innodata Inc. and Subsidiaries: As reported $ (663) $ (476) Proforma $ (641) $ (650) Basic and diluted net loss per share: As reported $ (0.03) $ (0.02) Proforma $ (0.03) $ (0.03)

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill [Table Text Block]	The changes in the carrying amount of goodwill for the six months ended June 30, 2015 were as follows (in thousands): Balance as of January 1, 2015 $ 1,635 Foreign currency translation adjustment (62) Balance as of June 30, 2015 $ 1,573
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands): Trademarks Developed Customer and technology relationships tradenames Patents Total Gross carrying amounts: Balance as of December 31, 2014 2,369 2,439 596 50 5,454 Foreign currency translation (151) (157) (13) (4) (325) Balance as of June 30, 2015 $ 2,218 $ 2,282 $ 583 $ 46 $ 5,129 Trademarks Developed Customer and technology relationships tradenames Patents Total Accumulated amortization: Balance as of December 31, 2014 98 84 11 - 193 Amortization expense 113 97 46 4 260 Foreign currency translation (8) (7) (1) - (16) Balance as of June 30, 2015 $ 203 $ 174 $ 56 $ 4 $ 437
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Estimated annual amortization expense for intangible assets subsequent to June 30, 2015 is as follows (in thousands): Year Amortization 2015 $ 507 2016 $ 507 2017 $ 507 2018 $ 507 2019 $ 475 Thereafter $ 2,189 $ 4,692

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	The following presents a roll-forward of the Company’s unrecognized tax benefits and associated interest for the six months ended June 30, 2015 (amounts in thousands): Unrecognized tax benefits Balance - January 1, 2015 $ 1,760 Decrease for tax position settled for prior years (544) Increase for tax position in prior years 27 Foreign currency revaluation 17 Balance - June 30, 2015 $ 1,260

Stock Options (Tables)

Stock Options (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. The weighted average fair values of the options granted and weighted average assumptions are as follows: Weighted- Average Weighted - Remaining Number of Average Contractual Term Aggregate Options Exercise Price (years) Intrinsic Value Outstanding at January 1, 2015 3,641,857 $ 3.05 Granted - - Exercised - - Forfeited/Expired (64,767) 2.87 Outstanding at June 30, 2015 3,577,090 $ 3.05 4.40 $ 50,275 Exercisable at June 30, 2015 1,346,482 $ 3.06 3.12 $ 40,900 Vested and Expected to Vest at June 30, 2015 3,577,090 $ 3.06 4.40 $ 50,275
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]	The fair value of stock options is estimated on the date of grant using the Black-Scholes option pricing model. The weighted average fair values of the options granted and weighted average assumptions are as follows: Six Months Ended June 30, 2015 2014 Weighted average fair value of options granted $ - $ 1.35 Risk-free interest rate - 1.53% to 1.68 % Expected life (years) - 5 Expected volatility factor - 54.96 % Expected dividends - -
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	A summary of restricted shares under the Company’s stock plans as of June 30, 2015, and changes during the period then ended, are presented below: Weighted- Average Grant Number of Shares Date Fair Value Unvested at January 1, 2015 7,500 $ 2.59 Granted - - Vested (7,500) 2.59 Forfeited/Expired - - Unvested at June 30, 2015 - $ -
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	The stock-based compensation expense related to the Company’s various stock awards was allocated as follows (in thousands): Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 Direct operating costs $ 104 $ 106 $ 195 $ 175 Selling and administrative expenses 170 240 364 369 Total stock-based compensation $ 274 $ 346 $ 559 $ 544

Long term obligations (Tables)

Long term obligations (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	Total long-term obligations as of June 30, 2015 and December 31, 2014 consist of the following (in thousands): June 30, December 31, 2015 2014 Vendor obligations Capital lease obligations (1) $ 518 $ 656 Deferred lease payments (2) 717 792 Microsoft licenses (3) 401 759 Acquisition related liability (4) 1,622 1,735 Pension obligations Accrued pension liability 3,488 3,204 6,746 7,146 Less: Current portion of long term obligations 1,363 1,606 Totals $ 5,383 $ 5,540 (1) In March 2014, the Company entered into an equipment sale leaseback agreement with a financing company. The cash proceeds from the transaction were $ 0.9 36 months 6 0.4 (2) Deferred lease payments represent the effect of straight-lining non-financing type lease payments over the respective lease terms. (3) In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $ 0.4 Prepaid expenses and other current assets $ 356 Other assets 713 Property and equipment 136 $ 1,205 (4) Amount represents a portion of the purchase price consideration for the acquisition of MediaMiser as follows: $ 0.5 0.6 4.6 0.5

Comprehensive Income (Loss) (Ta

Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The components of accumulated other comprehensive loss as of June 30, 2015, and reclassifications out of accumulated other comprehensive income (loss) for the six months ended June 30, 2015 and 2014, were as follows (net of tax): Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at April 1, 2015 $ 507 $ 169 $ (986) $ (310) Other comprehensive income (loss) before reclassifications, net of taxes - (69) 119 50 Total other comprehensive income (loss) before reclassifications, net of taxes 507 100 (867) (260) Net amount reclassified to earnings 10 46 56 Balance at June 30, 2015 $ 517 $ 146 $ (867) $ (204) Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at April 1, 2014 $ (121) $ 79 $ - $ (42) Other comprehensive income before reclassifications, net of taxes 15 259 - 274 Total other comprehensive income (loss) before reclassifications, net of taxes (106) 338 - 232 Net amount reclassified to earnings 10 (4) - 6 Balance at June 30, 2014 $ (96) $ 334 $ - $ 238 Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at January 1, 2015 $ 497 $ (337) $ (447) $ (287) Other comprehensive income (loss) before reclassifications, net of taxes - 405 (420) (15) Total other comprehensive income (loss) before reclassifications, net of taxes 497 68 (867) (302) Net amount reclassified to earnings 20 78 - 98 Balance at June 30, 2015 $ 517 $ 146 $ (867) $ (204) Foreign Currency Accumulated Other Pension Liability Fair Value of Translation Comprehensive Adjustment Derivatives Adjustment Income (Loss) Balance at January 1, 2014 $ (116) $ (576) $ - $ (692) Other comprehensive income before reclassifications, net of taxes - 529 - 529 Total other comprehensive loss before reclassifications, net of taxes (116) (47) - (163) Net amount reclassified to earnings 20 381 - 401 Balance at June 30, 2014 $ (96) $ 334 $ - $ 238

Segment Reporting and Concent28

Segment Reporting and Concentrations (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Revenues from external clients and segment operating profit (loss), and other reportable segment information are as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, Revenues: 2015 2014 2015 2014 Content Services $ 12,370 $ 14,136 $ 24,561 $ 28,130 IADS 545 178 950 250 MediaMiser 1,148 - 2,354 - Total Consolidated $ 14,063 $ 14,314 $ 27,865 $ 28,380 Loss before provision for income taxes (1) Content Services $ 701 $ 981 $ 1,064 $ 2,871 IADS (1,500) (1,826) (3,095) (3,721) MediaMiser (388) - (587) - Total Consolidated $ (1,187) $ (845) $ (2,618) $ (850) Loss before provision for income taxes (2) Content Services $ 98 $ 511 $ (120) $ 1,932 IADS (898) (1,356) (1,912) (2,782) MediaMiser (387) - (586) - Total Consolidated $ (1,187) $ (845) $ (2,618) $ (850) June 30, 2015 December 31, 2014 Total assets: Content Services $ 42,092 $ 46,681 IADS 965 540 MediaMiser 9,423 7,640 Total Consolidated $ 52,480 $ 54,861 (1) Before elimination of any inter-segment profits (2) After elimination of any inter-segment profits
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]	The following table summarizes revenues by geographic region (determined based upon customer’s domicile) (in thousands): Three months ended Six months ended June 30, June 30, 2015 2014 2015 2014 United States $ 6,615 $ 7,756 $ 13,203 $ 15,745 United Kingdom 2,050 2,645 4,251 4,124 The Netherlands 2,648 2,231 4,760 5,276 Canada 1,456 351 2,827 710 Other - principally Europe 1,294 1,331 2,824 2,525 $ 14,063 $ 14,314 $ 27,865 $ 28,380
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]	Long-lived assets as of June 30, 2015 and December 31, 2014, respectively, by geographic region, are comprised of (in thousands): June 30, December 31, 2015 2014 United States $ 1,209 $ 1,600 Foreign countries: Philippines 1,802 2,081 India 1,874 2,136 Sri Lanka 763 890 Canada 5,848 6,061 Israel 23 29 Germany 2 14 Total foreign 10,312 11,211 $ 11,521 $ 12,811

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (in thousands) (in thousands) Net loss attributable to Innodata Inc. and Subsidiaries $ (799) $ (663) $ (2,639) $ (474) Weighted average common shares outstanding 25,337 25,239 25,337 25,146 Dilutive effect of outstanding options - - - - Adjusted for dilutive computation 25,337 25,239 25,337 25,146

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	The following table presents the fair value of derivative instruments included within the consolidated balance sheets as of June 30, 2015 and December 31, 2014 (in thousands): Balance Sheet Location Fair Value 2015 2014 Derivatives designated as hedging instruments: Foreign currency forward contracts Prepaid expenses and other current assets $ 146 $ - Foreign currency forward contracts Accrued expenses $ - $ 337
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]	The effects of foreign currency forward contracts designated as cash flow hedges on the Company’s condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2015 and 2014, respectively, were as follows (in thousands): Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Net gain (loss) recognized in OCI (1) $ (69) $ 259 $ 405 $ 529 Net gain (loss) reclassified from accumulated OCI into income (2) $ (46) $ 4 $ (78) $ (381) Net gain recognized in income (3) $ - $ - $ - $ -

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, All Other Investments [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The following table sets forth the assets and liabilities as of June 30, 2015 and December 31, 2014 that the Company measured at fair value, on a recurring basis by level, within the fair value hierarchy (in thousands). As required by the standard, assets and liabilities measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement. June 30, 2015 Level 1 Level 2 Level 3 Assets Derivatives $ - $ 146 $ - Liabilities Contingent Considerations $ - $ - $ 508 December 31, 2014 Level 1 Level 2 Level 3 Liabilities Derivatives $ - $ 337 $ - Contingent Considerations $ - $ - $ 553
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table summarizes the change in fair value of the Level 3 liability for the three months ended June 30, 2015: Balance at December 31, 2014 553 Effect of foreign currency translation adjustment (45) Balance at June 30, 2015 508

Description of Business and S32

Description of Business and Summary of Significant Accounting Policies (Details Textual)	Jun. 30, 2015
Synodex [Member]
Description of Business and Summary of Significant Accounting Policies [Line Items]
Noncontrolling Interest, Ownership Percentage By Parent	90.00%
DocGenix [Member]
Description of Business and Summary of Significant Accounting Policies [Line Items]
Noncontrolling Interest, Ownership Percentage By Parent	94.00%

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Total	$ 25,996	$ 25,849
Less: accumulated depreciation and amortization	(20,740)	(19,934)
Property, Plant and Equipment, Net	5,256	5,915
Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	13,709	13,719
Software [Member]
Property, Plant and Equipment [Line Items]
Total	4,987	4,863
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Total	2,359	2,348
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Total	$ 4,941	$ 4,919

Property and Equipment (Detai34

Property and Equipment (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization			$ 1,436	$ 1,391
Property, Plant and Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciation, Depletion and Amortization	$ 500	$ 600	$ 1,000	$ 1,400

Acquisition (Details)

Acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues:
As reported	$ 14,063	$ 14,314	$ 27,865	$ 28,380
Proforma		15,279		30,363
Net loss attributable to Innodata Inc. and Subsidiaries:
As reported	$ (799)	(663)	$ (2,639)	(474)
Proforma		$ (641)		$ (650)
Basic and diluted net loss per share:
As reported	$ (0.03)	$ (0.03)	$ (0.10)	$ (0.02)
Proforma		$ (0.03)		$ (0.03)

Acquisition (Details Textual)

Acquisition (Details Textual) - USD ($)	1 Months Ended
	Dec. 23, 2014	Jul. 28, 2014	Jun. 30, 2015
Business Acquisition [Line Items]
Business Combination, Contingent Consideration Arrangements, Basis for Amount		The contingent consideration, if earned, is payable in May 2017 in cash, or at the Companys option, in up to 70% in Innodata Inc.s common stock, with the balance in cash.
Deferred Revenue	$ 160,000
Trademarks and Trade Names [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Finite-lived Intangible Assets, Fair Value Disclosure	$ 320,000
MediaMiser [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred, Noncontingent Consideration		$ 5,400,000
Business Acquisition, Percentage of Voting Interests Acquired		50.00%
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		$ 4,600,000
Business Combination, Contingent Consideration, Liability			$ 500,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		11 years
Business Acquisition, Description of Acquired Entity		Of the non-contingent portion of the purchase price, $4.1 million was paid by the Company in cash at closing; $0.6 million was paid by the Company on July 28, 2015 in shares of Innodata Inc.s common stock; and $0.7 million is payable by the Company on July 28, 2016 in shares of Innodata Inc.s common stock, or at the Companys option, in cash.
MediaMiser [Member] | Developed Technology Rights [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life		10 years
MediaMiser [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life		12 years
MediaMiser [Member] | Trademarks and Trade Names [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life		10 years
MediaMiser [Member] | Common Stock [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired		100.00%
MediaMiser [Member] | Preferred Stock [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired		100.00%

Goodwill and Intangible Asset37

Goodwill and Intangible Assets (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Goodwill [Line Items]
Balance	$ 1,635
Foreign currency translation adjustment	(62)
Balance	$ 1,573

Goodwill and Intangible Asset38

Goodwill and Intangible Assets (Details 1) - Jun. 30, 2015 - USD ($) $ in Thousands	Total	Total
Gross carrying amounts:
Balance		$ 1,635
Foreign currency translation		(62)
Balance	$ 1,573	1,573
Accumulated amortization:
Balance as of December 31, 2014		193
Amortization expense	200	260
Foreign currency translation		(16)
Balance as of June 30, 2015	437	437
Developed Technology Rights [Member]
Gross carrying amounts:
Balance		2,369
Foreign currency translation		(151)
Balance	2,218	2,218
Accumulated amortization:
Balance as of December 31, 2014		98
Amortization expense		113
Foreign currency translation		(8)
Balance as of June 30, 2015	203	203
Customer Relationships [Member]
Gross carrying amounts:
Balance		2,439
Foreign currency translation		(157)
Balance	2,282	2,282
Accumulated amortization:
Balance as of December 31, 2014		84
Amortization expense		97
Foreign currency translation		(7)
Balance as of June 30, 2015	174	174
Trademarks and Trade Names [Member]
Gross carrying amounts:
Balance		596
Foreign currency translation		(13)
Balance	583	583
Accumulated amortization:
Balance as of December 31, 2014		11
Amortization expense		46
Foreign currency translation		(1)
Balance as of June 30, 2015	56	56
Patents [Member]
Gross carrying amounts:
Balance		50
Foreign currency translation		(4)
Balance	46	46
Accumulated amortization:
Balance as of December 31, 2014		0
Amortization expense		4
Foreign currency translation		0
Balance as of June 30, 2015	$ 4	$ 4

Goodwill and Intangible Asset39

Goodwill and Intangible Assets (Details 2) $ in Thousands	Jun. 30, 2015USD ($)
Finite-Lived Intangible Assets [Line Items]
2,015	$ 507
2,016	507
2,017	507
2,018	507
2,019	475
Thereafter	2,189
Finite-Lived Intangible Assets, Net	$ 4,692

Goodwill and Intangible Asset40

Goodwill and Intangible Assets (Details Textual) - Jun. 30, 2015 - USD ($) $ in Thousands	Total	Total
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 200	$ 260

Income Taxes (Details)

Income Taxes (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Income Tax Contingency [Line Items]
Balance at beginning of year	$ 1,760
Decrease for tax position settled for prior years	(544)
Increase for tax position in prior years	27
Foreign currency revaluation	17
Balance at end of year	$ 1,260

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2008	Dec. 31, 2006	Dec. 31, 2005	Dec. 31, 2003	Dec. 31, 2014
Income Taxes [Line Items]
Unrecognized Tax Benefits		$ 1,260,000		$ 1,260,000						$ 1,760,000
Income Tax Examination, Penalties and Interest Accrued		400,000		400,000						$ 600,000
Income Tax Expense (Benefit)		$ (254,000)	$ 106,000	301,000	$ 207,000
Indian Bureau Of Taxation [Member]
Income Taxes [Line Items]
Foreign Income Tax Expense (Benefit), Continuing Operations	$ 300,000			260,000		$ 1,000,000	$ 309,000	$ 284,000
Tax Adjustments, Settlements, and Unusual Provisions				488,000
Deferred Foreign Income Tax Expense (Benefit)				153,000
Income Tax Expense (Benefit)				488,000				$ 284,000	$ 260,000
Philippine Bureau Of Taxation [Member]
Income Taxes [Line Items]
Income Tax Expense (Benefit)				$ 310,000

Commitments and contingencies (

Commitments and contingencies (Details Textual) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Commitments and Contingencies [Line Items]
Estimated Litigation Liability	$ 8,000,000
Litigation Settlement, Expense	100,000
Property, Plant and Equipment, Net	5,256,000	$ 5,915,000
Liens Under Foreign Tax Authority [Member]
Commitments and Contingencies [Line Items]
Property, Plant and Equipment, Net	$ 500,000

Stock Options (Details)

Stock Options (Details) - Jun. 30, 2015 - Employee Stock Option [Member] - USD ($)	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options, Outstanding at January 1, 2015 (in shares)	3,641,857
Number of Options, Granted (in shares)	0
Number of Options, Exercised (in shares)	0
Number of Options, Forfeited/Expired (in shares)	(64,767)
Number of Options, Outstanding at June 30, 2015 (in shares)	3,577,090
Number of Options, Exercisable at June 30, 2015 (in shares)	1,346,482
Number of Options, Vested and Expected to Vest at June 30, 2015 (in shares)	3,577,090
Weighted - Average Exercise Price, Outstanding at January 1, 2015 (in dollars per share)	$ 3.05
Weighted - Average Exercise Price, Granted (in dollars per shares)	0
Weighted - Average Exercise Price, Exercised (in dollars per share)	0
Weighted - Average Exercise Price, Forfeited/Expired (in dollars per share)	2.87
Weighted - Average Exercise Price, Outstanding at June 30, 2015 (in dollars per share)	3.05
Weighted - Average Exercise Price, Exercisable at June 30, 2015 (in dollars per share)	3.06
Weighted - Average Exercise Price, Vested and Expected to Vest at June 30, 2015 (in dollars per share)	$ 3.06
Weighted - Average Remaining Contractual Term, Outstanding at June 30, 2015 (in years)	4 years 4 months 24 days
Weighted - Average Remaining Contractual Term, Exercisable at June 30, 2015 (in years)	3 years 1 month 13 days
Weighted - Average Remaining Contractual Term, Vested and Expected to Vest at June 30, 2015 (in years)	4 years 4 months 24 days
Aggregate Intrinsic Value, Outstanding at June 30, 2015	$ 50,275
Aggregate Intrinsic Value, Exercisable at June 30, 2015	40,900
Aggregate Intrinsic Value, Vested and Expected to Vest at June 30, 2015	$ 50,275

Stock Options (Details 1)

Stock Options (Details 1) - Employee Stock Option [Member] - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value of options granted (in dollars per share)	$ 0	$ 1.35
Risk-free interest rate	0.00%
Expected life (years)		5 years
Expected volatility factor	0.00%	54.96%
Expected dividends	0.00%	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		1.53%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate		1.68%

Stock Options (Details 2)

Stock Options (Details 2) - 6 months ended Jun. 30, 2015 - Restricted Stock [Member] - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Unvested at January 1, 2015 (in shares)	7,500
Number of Shares, Granted (in shares)	0
Number of Shares, Vested (in shares)	(7,500)
Number of Shares, Forfeited/Expired (in shares)	0
Number of Shares, Unvested at June 30, 2015 (in shares)	0
Weighted-Average Grant Date Fair Value, Unvested at January 1, 2015 (in dollars per share)	$ 2.59
Weighted-Average Grant Date Fair Value, Granted (in dollars per share)	0
Weighted-Average Grant Date Fair Value, Vested (in dollars per share)	2.59
Weighted-Average Grant Date Fair Value, Forfeited/Expired (in dollars per share)	0
Weighted-Average Grant Date Fair Value, Unvested at June 30, 2015 (in dollars per share)	$ 0

Stock Options (Details 3)

Stock Options (Details 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 274	$ 346	$ 559	$ 544
Direct Operating Costs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	104	106	195	175
Selling and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	$ 170	$ 240	$ 364	$ 369

Stock Options (Details Textual)

Stock Options (Details Textual) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-Based Compensation, Nonvested Awards, Total Compensation Cost Not Yet Recognized	$ 1.4
2013 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement By Share-Based Payment Award, Number Of Shares Authorized	2,138,655
2009 Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	41,096

Long term obligations (Details)

Long term obligations (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Vendor obligations
Capital lease obligations	[1]	$ 518	$ 656
Deferred lease payments	[2]	717	792
Microsoft licenses	[3]	401	759
Acquisition related liability	[4]	1,622	1,735
Pension obligations
Accrued pension liability		3,488	3,204
Long-term Debt		6,746	7,146
Less: Current portion of long-term obligations		1,363	1,606
Total		$ 5,383	$ 5,540
[1]	In March 2014, the Company entered into an equipment sale leaseback agreement with a financing company. The cash proceeds from the transaction were $0.9 million. The Company leased the equipment for a period of 36 months at an effective interest rate of approximately 6% and has the option to purchase the equipment at a nominal amount at the end of the lease term. The Company has accounted for this transaction as a financing arrangement, wherein the equipment remains on the Company’s books and will continue to be depreciated. As of June 30, 2015, the Company had made $0.4 million in lease payments under the sale leaseback agreement.
[2]	Deferred lease payments represent the effect of straight-lining non-financing type lease payments over the respective lease terms.
[3]	In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $0.4 million annually over the term of the agreement.
[4]	Amount represents a portion of the purchase price consideration for the acquisition of MediaMiser as follows: $0.5 million paid by the Company on July 28, 2015 in shares of Innodata Inc.’s common stock, and $0.6 million to be paid by the Company on July 28, 2016 in shares of Innodata Inc.’s common stock, or at the Company’s option, in cash. In addition, the Company agreed to pay up to a maximum of $4.6 million of contingent consideration based on MediaMiser’s achieving certain revenue and EBITDA levels during the period from April 1, 2016 to March 31, 2017. The fair value of the contingent consideration as of June 30, 2015 was $0.5 million.

Long term obligations (Details

Long term obligations (Details 1) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Software Licenses Obligations	[1]	$ 401	$ 759
Prepaid expenses and other current assets [Member]
Debt Instrument [Line Items]
Software Licenses Obligations		356
Other assets [Member]
Debt Instrument [Line Items]
Software Licenses Obligations		713
Property and equipment [Member]
Debt Instrument [Line Items]
Software Licenses Obligations		$ 136
[1]	In March 2014, the Company renewed a vendor agreement to acquire certain additional software licenses and to receive support and subsequent software upgrades on these and other currently owned software licenses through February 2017. Pursuant to this agreement, the Company is obligated to pay approximately $0.4 million annually over the term of the agreement.

Long term obligations (Detail51

Long term obligations (Details Textual) - USD ($) $ in Thousands	1 Months Ended			6 Months Ended
	Jul. 28, 2016	Jul. 28, 2015	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Mar. 31, 2017
Debt Instrument [Line Items]
Proceeds from Long-term Capital Lease Obligations				$ 0	$ 859
MediaMiser [Member]
Debt Instrument [Line Items]
Business Combination, Contingent Consideration, Liability				500
MediaMiser [Member] | Scenario, Forecast [Member]
Debt Instrument [Line Items]
Business Combination, Contingent Consideration, Liability, Current						$ 4,600
Vendor Agreement [Member]
Debt Instrument [Line Items]
License Costs				400
Sale Leaseback Agreement [Member]
Debt Instrument [Line Items]
Capital Lease Obligations Lease Period			36 months
Sale Leaseback Transaction, Imputed Interest Rate			6.00%
Proceeds from Long-term Capital Lease Obligations			$ 900
Sale Leaseback Transaction, Rent Expense				$ 400
Subsequent Event [Member] | MediaMiser [Member]
Debt Instrument [Line Items]
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	$ 600	$ 500

Comprehensive Income (Loss) (De

Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Liability Adjustment, Other comprehensive income (loss):
Pension Liability Adjustment, Balance at Beginning of the Period	$ 507	$ (121)	$ 497	$ (116)
Pension Liability Adjustment, Other comprehensive income (loss) before reclassifications, net of taxes	0	15	0	0
Pension Liability Adjustment, Total other comprehensive loss before reclassifications, net of taxes	507	(106)	497	(116)
Pension Liability Adjustment, Net amount reclassified to earnings	10	10	20	20
Pension Liability Adjustment, Balance at End of the Period	517	(96)	517	(96)
Fair Value of Derivatives, Other comprehensive income (loss):
Fair Value of Derivatives, Balance at Beginning of the Period	169	79	(337)	(576)
Fair Value of Derivatives, Other comprehensive income (loss) before reclassifications, net of taxes	(69)	259	405	529
Fair Value of Derivatives, Total other comprehensive loss before reclassifications, net of taxes	100	338	68	(47)
Fair Value of Derivatives, Net amount reclassified to earnings	46	(4)	78	381
Fair Value of Derivatives, Balance at End of the Period	146	334	146	334
Foreign Currency Translation Adjustment, Other comprehensive income (loss):
Foreign Currency Translation Adjustment, Balance at Beginning of the Period	(986)	0	(447)	0
Foreign Currency Translation Adjustment, Other comprehensive income (loss) before reclassifications, net of taxes	119	0	(420)	0
Foreign Currency Translation Adjustment, Total other comprehensive loss before reclassifications, net of taxes	(867)	0	(867)	0
Foreign Currency Translation Adjustment, Net amount reclassified to earnings	0	0	0	0
Foreign Currency Translation Adjustment, Balance at End of the period	(867)	0	(867)	0
Accumulated Other Comprehensive Income (loss), Other comprehensive income (loss):
Accumulated Other Comprehensive Income (loss), Balance at Beginning of the period	(310)	(42)	(287)	(692)
Accumulated Other Comprehensive Income (loss), Other comprehensive income (loss) before reclassifications, net of taxes	50	274	(15)	529
Accumulated Other Comprehensive Income (loss), Total other comprehensive loss before reclassifications, net of taxes	(260)	232	(302)	(163)
Accumulated Other Comprehensive Income (loss), Net amount reclassified to earnings	56	6	98	401
Accumulated Other Comprehensive Income (loss), Balance at End of the period	$ (204)	$ 238	$ (204)	$ 238

Segment Reporting and Concent53

Segment Reporting and Concentrations (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenues		$ 14,063	$ 14,314	$ 27,865	$ 28,380
Assets		52,480		52,480		$ 54,861
Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	(1,187)	(845)	(2,618)	(850)
After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	(1,187)	(845)	(2,618)	(850)
Content Services [Member]
Segment Reporting Information [Line Items]
Revenues		12,370	14,136	24,561	28,130
Assets		42,092		42,092		46,681
Content Services [Member] | Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	701	981	1,064	2,871
Content Services [Member] | After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	98	511	(120)	1,932
IADS [Member]
Segment Reporting Information [Line Items]
Revenues		545	178	950	250
Assets		965		965		540
IADS [Member] | Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	(1,500)	(1,826)	(3,095)	(3,721)
IADS [Member] | After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	(898)	(1,356)	(1,912)	(2,782)
MediaMiser [Member]
Segment Reporting Information [Line Items]
Revenues		1,148	0	2,354	0
Assets		9,423		9,423		$ 7,640
MediaMiser [Member] | Before Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[1]	(388)	0	(587)	0
MediaMiser [Member] | After Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income (loss) before provision for income taxes	[2]	$ (387)	$ 0	$ (586)	$ 0
[1]	Before elimination of any inter-segment profits
[2]	After elimination of any inter-segment profits

Segment Reporting and Concent54

Segment Reporting and Concentrations (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 14,063	$ 14,314	$ 27,865	$ 28,380
Other - principally Europe
Segment Reporting Information [Line Items]
Revenues	1,294	1,331	2,824	2,525
United States
Segment Reporting Information [Line Items]
Revenues	6,615	7,756	13,203	15,745
United Kingdom
Segment Reporting Information [Line Items]
Revenues	2,050	2,645	4,251	4,124
The Netherlands
Segment Reporting Information [Line Items]
Revenues	2,648	2,231	4,760	5,276
Canada
Segment Reporting Information [Line Items]
Revenues	$ 1,456	$ 351	$ 2,827	$ 710

Segment Reporting and Concent55

Segment Reporting and Concentrations (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	$ 11,521	$ 12,811
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	1,209	1,600
Philippines
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	1,802	2,081
India
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	1,874	2,136
Sri Lanka
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	763	890
Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	5,848	6,061
Israel
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	23	29
Foreign Countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	10,312	11,211
Germany
Revenues from External Customers and Long-Lived Assets [Line Items]
Long - lived assets	$ 2	$ 14

Segment Reporting and Concent56

Segment Reporting and Concentrations (Details Textual)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Foreign Customer [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	53.00%	46.00%	53.00%	45.00%
Foreign Customer [Member] | Accounts Receivable [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage			56.00%		49.00%
Two clients [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	36.00%	32.00%	35.00%	32.00%
Two other clients [Member] | Sales Revenue, Net [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	10.00%		10.00%
Three Clients [Member] | Accounts Receivable [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage			55.00%
Four Clients [Member] | Accounts Receivable [Member]
Segment Reporting Information [Line Items]
Concentration Risk, Percentage					58.00%

Net Loss Per Share (Details)

Net Loss Per Share (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share Basic and Diluted [Line Items]
Net loss attributable to Innodata Inc. and Subsidiaries	$ (799)	$ (663)	$ (2,639)	$ (474)
Weighted average common shares outstanding	25,337	25,239	25,337	25,146
Dilutive effect of outstanding options	0	0	0	0
Adjusted for dilutive computation	25,337	25,239	25,337	25,146

Net Loss Per Share (Details Tex

Net Loss Per Share (Details Textual) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount	1	2.3	1	2.3
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount	2.6	1.6	2.6	1.6

Derivatives (Details)

Derivatives (Details) - Foreign currency forward contracts [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Prepaid expenses and other current assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments and Hedges, Liabilities	$ 146	$ 0
Accrued expenses [Member]
Derivatives, Fair Value [Line Items]
Derivative Instruments and Hedges, Liabilities	$ 0	$ 337

Derivatives (Details 1)

Derivatives (Details 1) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) recognized in OCI	[1]	$ (69)	$ 259	$ 405	$ 529
Net gain (loss) reclassified from accumulated OCI into income	[2]	(46)	4	(78)	(381)
Net gain recognized in income	[3]	$ 0	$ 0	$ 0	$ 0
[1]	Net change in fair value of the effective portion classified into other comprehensive income ("OCI").
[2]	Effective portion classified within direct operating cost.
[3]	There were no effective portions for the period presented.

Derivatives (Details Textual)

Derivatives (Details Textual) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Derivative, Notional Amount	$ 18.1	$ 19.4

Financial Instruments (Details)

Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Inputs, Level 1 [Member]
Assets
Derivatives	$ 0
Liabilities
Derivatives		$ 0
Contingent Considerations	0	0
Fair Value, Inputs, Level 2 [Member]
Assets
Derivatives	146
Liabilities
Derivatives		337
Contingent Considerations	0	0
Fair Value, Inputs, Level 3 [Member]
Assets
Derivatives	0
Liabilities
Derivatives		0
Contingent Considerations	$ 508	$ 553

Financial Instruments (Details

Financial Instruments (Details 1) - Fair Value, Inputs, Level 3 [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Balance at December 31, 2014	$ 553
Effect of foreign currency translation adjustment	(45)
Balance at June 30, 2015	$ 508

Financial Instruments (Detail64

Financial Instruments (Details Textual) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
MediaMiser [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business Combination, Contingent Consideration, Liability	$ 500,000	$ 0.5