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Note 3 - Investments

12 Months Ended

Dec. 31, 2014

Note 3 - Investments

Note 3 – Investments

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

		December 31,
		2014			2013
Investments, at cost	$	42		$	42
Equity securities:
-Unrealized holding gains		16			14
-Unrealized holding (losses)		-			-
Investments, at fair value	$	58		$	56

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

		December 31,
		2014			2013
Balance, beginning of year	$	8		$	-
Realized (gain)/loss from securities included in beginning balance		-			-
Gross unrealized holding gains (losses) in equity securities		2			14
Impairment loss		-			-
Deferred income taxes on unrealized holding gain		(1)			(6)
Balance, end of year	$	9		$	8

During 2014, 2013 and 2012, UTMD had proceeds from sales of available-for-sale securities of $0, $0 and $47, respectively.

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

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