Annual report pursuant to Section 13 and 15(d)

NOTE 6: - PROPERTY AND EQUIPMENT, NET

v3.6.0.2
NOTE 6: - PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 6:–                        PROPERTY AND EQUIPMENT, NET

a.           Composition of property and equipment is as follows:

 
 
December 31,
 
 
 
2016
   
2015
 
Cost:
           
Computers and related equipment
 
$
2,733,722
   
$
2,703,721
 
Motor vehicles
   
717,543
     
831,925
 
Office furniture and equipment
   
1,571,364
     
1,512,663
 
Machinery, equipment and installations
   
7,760,341
     
7,221,351
 
Buildings
   
1,716,924
     
1,603,374
 
Land
   
300,000
     
300,000
 
Leasehold improvements
   
2,172,253
     
1,982,552
 
Demo inventory
   
1,791,751
     
2,288,031
 
 
   
18,763,898
     
18,443,617
 
Accumulated depreciation:
               
Computers and related equipment
   
2,415,842
     
2,222,724
 
Motor vehicles
   
248,248
     
298,881
 
Office furniture and equipment
   
1,356,671
     
1,237,923
 
Machinery, equipment and installations
   
5,805,540
     
5,257,976
 
Buildings
   
408,194
     
300,196
 
Leasehold improvements
   
1,219,113
     
1,012,810
 
Demo inventory
   
1,395,050
     
1,727,869
 
 
   
12,848,658
     
12,058,379
 
Property and equipment, net
 
$
5,915,240
   
$
6,385,238
 

b.           Depreciation expense amounted to $1,752,084, $1,851,982, and $1,558,506 for the years ended December 31, 2016, 2015 and 2014, respectively.