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Note 7 - Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
7—
PROPERTY AND EQUIPMENT, NET
 
Property and equipment consist of Property and equipment purchased or capitalized by the Company and financing leases for
2019
or capital leases for
2018.
 
7
-
1
Property and Equipment, net
 
Property and equipment consist of the following:
 
    December 31,
    2019   2018
Equipment    
7,002
     
5,973
 
Furniture, fixture, and fittings and other    
2,776
     
2,641
 
Total gross value    
9,778
     
8,614
 
Less: accumulated depreciation and amortization    
(6,644
)    
(5,624
)
Total    
3,134
     
2,991
 
 
Depreciation expense related to property and equipment amounted to
€1,511
thousand,
€981
thousand and
€935
thousand for the years ended
December 31, 2019,
2018
and
2017,
respectively.
 
Assets leased to customers:
 
Capitalized costs on equipment leased to customers of
€342
thousand and
€351
thousand are included in property and equipment at
December 31, 2019
and
2018,
respectively. Accumulated amortization of these assets leased to
third
parties was
€95
thousand and
€72
thousand, at
December 31, 2019
and
2018,
respectively.
 
Depreciation expense on equipment leased to customer is included in total depreciation expense and amounted to
€23
thousand,
€51
thousand and
€24
thousand, for the years ended
December 31, 2019,
2018
and
2017,
respectively.
 
7
-
2
Financing leases and capital leases
 
Financing lease right-of-use assets in
2019
and capital leases for previous years consist of the following:
 
    December 31,
    2019   2018
Equipment    
713
     
824
 
Vehicles and IT equipment    
1,582
     
1,423
 
Total gross value    
2,295
     
2,247
 
Less: accumulated depreciation and amortization    
1,360
     
1,030
 
Total    
935
     
1,217
 
 
Depreciation expense related to financing lease right-of-use assets amounted to
€448
thousand,
€386
thousand and
€218
for the years ended
December 31, 2019,
2018,
2017,
respectively.
 
The reduction to right-of-use assets resulting from reductions to financing lease obligations amounted
€122
thousand for the year ended
December 31, 2019.