Note 3 - Investments

12 Months Ended

Dec. 31, 2012

Notes

Note 3 - Investments

Note 3 – Investments

The Company’s investments, classified as available-for-sale consist of the following:

		December 31,
		2012		2011
Investments, at cost	$	42	$	380
Equity securities:
-Unrealized holding gains		-		-
-Unrealized holding (losses)		-		(316)
Investments, at fair value	$	42	$	64

Changes in the unrealized holding loss on investment securities available-for-sale and reported as a separate component of accumulated other comprehensive income are as follows:

		December 31,
		2012		2011
Balance, beginning of year	$	(193)	$	(190)
Realized loss from securities included in beginning balance		12		18
Gross unrealized holding gains (losses) in equity securities		14		(23)
Impairment loss		290		-
Deferred income taxes on unrealized holding loss		(123)		2
Balance, end of year	$	-	$	(193)

During 2012, 2011 and 2010, UTMD had proceeds from sales of available-for-sale securities of $47, $15,155 and $5,839, respectively.