Note 11 - Commitments

12 Months Ended

Dec. 31, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

Note 11 – Commitments

The Company leases property from third parties. The Company leases a portion of its U.S. facilities, and the lease term expires in July 2017. The Company leases office and manufacturing space in the United Kingdom, and the initial term expires in February 2016. The Company also leases office space in France, Germany and Italy with terms expiring at various times from 2014 to 2019. The Company leases an office and manufacturing space in Japan, and the initial term expires in November 2021. The Company has the ability to terminate this lease, with no penalty, upon six months’ notice.

As a condition of the lease of the UK facility, the Company received a rent holiday for the full year of 2011. The expense related to the full term of the lease is being recognized on a straight-line basis in accordance with ASC 840, Leases (ASC 840).

In addition to those property leases described above, the Company has acquired capital equipment under capital leases.

Future minimum commitments under non-cancelable leases at December 31, 2013, are as follows:

	Capital Leases		Operating Leases
	(in thousands)
Years Ending December 31,
2014	$	222	$	1,242
2015		154		1,206
2016		11		664
2017		-		483
2018		-		378
After 2018		-		1,340
Total future minimum lease payments		387	$	5,313
Less interest cost		24
Net present value of minimum lease payments	$	363

Rental expense was approximately $1.2 million, $1.3 million and $0.8 million for the years ended December 31, 2013, 2012 and 2011, respectively.