PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3 -

PROPERTY AND EQUIPMENT

Composition of assets, grouped by major classification, is as follows:

	December 31
	2014		2013
	U.S. dollars in thousands
Computers and electronic equipment	$	1,621	$	1,462
Land		263		263
Office furniture and equipment		165		162
Vehicles		191		152
Leasehold improvements		8		8
		2,248		2,047
Less - accumulated depreciation and amortization		1,630		1,397
	$	618	$	650

Depreciation and amortization expenses totaled $233 thousand, $250 thousand and $270 thousand in the years ended December 31, 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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