XML 28 R12.htm IDEA: XBRL DOCUMENT v3.22.0.1
Note 4 - Property and Equipment
 12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

 4. Property and Equipment:

 

Property and equipment consist of the following (Dollar amounts in thousands of U.S. dollars): 

 

  

December 31,

  

December 31,

 
  

2021

  

2020

 

Computer equipment

 $34,465  $25,029 

Computer software

  1,921   1,760 

Capitalized internal use software

  10,660   2,835 

Furniture and equipment

  1,418   1,314 

Vehicles and tools

  6,569   4,476 

Fiber network

  109,500   66,766 

Customer equipment and installations

  22,027   13,332 

Land

  1,123   1,634 

Buildings

  9,096   - 

Assets under construction

  29,414   36,720 

Leasehold improvements

  548   475 
   226,741   154,341 

Less:

        

Accumulated depreciation

  54,079   36,811 
  $172,662  $117,530 

 

Depreciation of property and equipment (Dollar amounts in thousands of U.S. dollars):

 

  

Year Ended December 31,

  

Year Ended December 31,

  

Year Ended December 31,

 
  

2021

  

2020

  

2019

 

Depreciation of property and equipment

 $17,986  $12,632  $8,961 

 

During the year ended December 31, 2021, property, plant and equipment with a net book value of $0.2 million was written off and included in impairment of property and equipment in the consolidated statement of comprehensive income. 

 

During the year ended  December 31, 2020, property, plant and equipment with a net book value of $1.6 million related to Ting TV, a product under development for Ting Fiber was written off and included in impairment of property and equipment in the consolidated statement of comprehensive income.

 

During the year ended  December 31, 2019, property, plant and equipment with a net book value of $0.1 was written off and included in impairment of property and equipment in the consolidated statement of comprehensive income.