Note 3 - Trade Accounts and Notes Receivable, Net

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

3—TRADE

ACCOUNTS AND NOTES RECEIVABLE, NET

Trade accounts and notes receivable consist of the following:

	December 31,
	2016			2015
Trade accounts receivable		10,286			11,869
Notes receivable		116			560
Less: allowance for doubtful accounts		(960	)		(1,091	)
Total		9,442			11,338
Less current portion		(9,143	)		(10,744	)
Total long-term portion		299			593

Notes receivable usually represent commercial bills of exchange (drafts) with initial maturities of

90

days or less.

Bad debt expenses amount to an income of

€18

thousand and a cost of

€17

thousand and

€450

thousand, respectively for the years ended

December

31,

2016,

2015

and

2014.

Long term portion consists of sales type leases of medical devices and receivables for license revenue paid over

four

years. Future minimum payments to be received over the

five

coming years are as follows:

	December 31,
	Sales type leases		License Revenue
2018		65		152
2019		48		-
2020		24		-
2021		10		-
2022		-		-
Total minimum payments		147		152