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Property and equipment, net

12 Months Ended

Dec. 31, 2021

Property and equipment, net

Property and equipment, net

6.Property and equipment, net

In November 2021, DSS acquired the ownership interest of a land owned by Unitized Ocean Transport Limited by 1/3, to which DSS owned also 1/3, for the purchase price of €1.1 million. The total acquisition cost, including expenses and taxes amounted to $1,358.

The amounts in the accompanying consolidated balance sheets are analyzed as follows:

​

​	​	​	​	​	​	​	​	​	​
​	​	Property and		​	Accumulated		​	​	​
		Equipment			Depreciation			Net Book Value
Balance, December 31, 2019	​	$	27,060	​	$	(4,983)	​	$	22,077
- Additions in property and equipment	​		138	​		—	​		138
- Depreciation for the year	​		—	​		(511)	​		(511)
Balance, December 31, 2020	​	$	27,198	​	$	(5,494)	​	$	21,704
- Additions in property and equipment	​		1,600	​		—	​		1,600
- Depreciation for the year	​		—	​		(462)	​		(462)
- Write-off of obsolete equipment	​		(529)	​		529	​		—
Balance, December 31, 2021	​	$	28,269	​	$	(5,427)	​	$	22,842

​

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- References

No definition available.

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X

- Definition

The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 958
-SubTopic 360
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916

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