Note 7 - Property and Equipment, Net

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

7—PROPERTY

AND EQUIPMENT, NET

Property and equipment consist of the following:

	December 31,
	2016			2015
Equipment		7,002			7,203
Furniture, fixture, and fittings and other		3,500			2,974
Total gross value		10,502			10,177
Less: accumulated depreciation and amortization		(7,732	)		(8,055	)
Total		2,770			2,123

Depreciation and amortization expense related to property and equipment amounted to

€843

thousand,

€683

thousand and

€726

thousand for the years ended

December

31,

2016,

2015

and

2014,

respectively.

Capitalized costs on equipment held under capital leases of

€2,220

thousand and

€2,466

thousand are included in property and equipment at

December

31,

2016

and

2015,

respectively. Accumulated amortization of these assets leased to

third

parties was

€2,129

thousand and

€2,338

thousand, at

December

31,

2016

and

2015,

respectively.

Capitalized costs on vehicles and office and IT equipments held under capital leases of

€743

thousand and

€627

thousand are included in property and equipment at

December

31,

2016

and

2015,

respectively. Accumulated amortization of these assets leased to

third

parties was

€462

thousand and

€353

thousand, at

December

31,

2016

and

2015,

respectively.

Amortization expense on assets held under capital leases is included in total amortization expense and amounted to

€164

thousand,

€207

thousand and

€310

thousand, for the years ended

December

31,

2016,

2015

and

2014,

respectively.