{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-059239","form_type":"8-K","ticker":"INOD","cik":"0000903651","company_name":"INNODATA INC","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.736548+00:00","generated_at":"2026-06-15T03:14:49.003918+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Innodata Q1 revenue $18.8M, net loss $2.1M; announces generative AI deals with three top tech firms","bullets":["Revenue $18.8M vs $21.2M YoY; prior year included $4.4M from a large social media client that pulled back.","Net loss $2.1M ($0.08/share) vs $2.8M ($0.10/share) YoY; Adjusted EBITDA $0.8M vs -$1.0M YoY.","Selected for generative AI data engineering by two of top 5 global tech firms; a third likely, with framework agreements.","One new customer indicated initial $2.5M PO; potential $12M quarterly revenue at maturity if scope fully realized.","Cash and short-term investments $10.8M; no debt; expects exiting 2023 revenue growth in high teens and $15M+ annualized EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-059239","json":"https://secwatch.observer/filing/0001104659-23-059239.json","markdown":"https://secwatch.observer/filing/0001104659-23-059239.md","text":"https://secwatch.observer/filing/0001104659-23-059239.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/903651/000110465923059239/0001104659-23-059239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/903651/000110465923059239/tm2313960d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T03:14:49.003918+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"83d9b036b15bebdd9e49dafa548d4286f9860da4","claim":"INNODATA INC reported the first quarter ended March 31, 2023 results: revenue $18.8 million, net income $2.1 million, EPS $0.08 per basic and diluted share.","evidence_excerpt":"Revenue for the quarter ended March 31, 2023 was $18.8 million, compared to revenue of $21.2 million in the same period last year. The comparative period included $4.4 million in revenue from a large social media company that underwent a significant management change in the second half of last year, as a result of which it dramatically pulled back spending across the board. There was no revenue from this company in the quarter ended March 31, 2023. • Net loss for the quarter ended March 31, 2023 was $2.1 million, or $0.08 per basic and diluted share, compared to a net loss of $2.8 million, or $0.10 per basic and diluted share, in the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/903651/000110465923059239/0001104659-23-059239-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$18.8 million"},{"label":"Net income","value":"$2.1 million"},{"label":"EPS","value":"$0.08 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}