2022 Q4 Form 20-F Financial Statement

#000119380523000625 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $12.97M $23.81M $12.31M
YoY Change 5.37% 6.99% 82.41%
Cost Of Revenue $7.655M $13.59M $6.797M
YoY Change 12.62% 3.17% 47.44%
Gross Profit $5.319M $10.09M $5.516M
YoY Change -3.57% 11.07% 157.76%
Gross Profit Margin 41.0% 42.39% 44.8%
Selling, General & Admin $9.029M $18.74M $16.19M
YoY Change -44.22% -35.27% 59.49%
% of Gross Profit 169.75% 185.66% 293.47%
Research & Development $2.163M $3.862M $4.878M
YoY Change -55.66% -44.88% 50.56%
% of Gross Profit 40.67% 38.26% 88.43%
Depreciation & Amortization $380.0K $446.0K $410.0K
YoY Change -7.32% -55.13% -52.33%
% of Gross Profit 7.14% 4.42% 7.43%
Operating Expenses $9.152M $20.53M $21.00M
YoY Change -56.41% -42.62% 57.05%
Operating Profit -$3.833M -$10.44M -$15.48M
YoY Change -75.24% -60.9% 37.85%
Interest Expense -$1.132M -$533.0K $3.332M
YoY Change -133.97% -115.51% -341.45%
% of Operating Profit
Other Income/Expense, Net -$1.452M -$2.076M -$5.874M
YoY Change -75.28% 122.02% -20.84%
Pretax Income -$6.417M -$13.05M -$18.02M
YoY Change -64.4% -46.07% -9.98%
Income Tax -$3.237M -$3.238M -$37.00K
% Of Pretax Income
Net Earnings -$29.91M -$29.26M -$16.00M
YoY Change 86.95% 43.83% -19.84%
Net Earnings / Revenue -230.54% -122.85% -129.94%
Basic Earnings Per Share -$0.24
Diluted Earnings Per Share -$0.24 -$0.24 -$200.7K
COMMON SHARES
Basic Shares Outstanding 112.4M shares
Diluted Shares Outstanding 112.4M shares

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.71M $20.71M $34.25M
YoY Change -39.54% -39.54% 18.76%
Cash & Equivalents $20.71M $20.71M $34.25M
Short-Term Investments $0.00
Other Short-Term Assets $1.380M $1.964M $1.766M
YoY Change -21.86% 11.21% -51.48%
Inventory $7.510M $7.510M $2.710M
Prepaid Expenses $831.0K $1.198M
Receivables $2.573M $2.573M $3.261M
Other Receivables $3.000K $422.0K $524.0K
Total Short-Term Assets $33.18M $33.17M $42.51M
YoY Change -21.96% -21.96% 9.96%
LONG-TERM ASSETS
Property, Plant & Equipment $842.0K $3.131M $4.464M
YoY Change -81.14% -29.86% 19.04%
Goodwill $8.317M $8.317M
YoY Change 0.0% 0.0%
Intangibles $98.00K $105.0K
YoY Change -6.67%
Long-Term Investments $473.0K $473.0K $502.0K
YoY Change -5.78% -5.78% 67.33%
Other Assets $249.0K $4.238M $1.112M
YoY Change -77.61% 281.12% -33.01%
Total Long-Term Assets $16.32M $16.32M $46.30M
YoY Change -64.75% -64.75% 225.56%
TOTAL ASSETS
Total Short-Term Assets $33.18M $33.17M $42.51M
Total Long-Term Assets $16.32M $16.32M $46.30M
Total Assets $49.50M $49.50M $88.81M
YoY Change -44.26% -44.26% 67.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.40M $13.40M $16.45M
YoY Change -18.53% -18.53% 25.56%
Accrued Expenses $700.0K $700.0K $1.175M
YoY Change -40.43% -40.43% 11.9%
Deferred Revenue $105.0K $128.0K
YoY Change -17.97%
Short-Term Debt $4.196M $4.196M $6.249M
YoY Change -32.85% -32.85% -35.91%
Long-Term Debt Due $0.00 $0.00 $55.00K
YoY Change -100.0% -100.0% -54.17%
Total Short-Term Liabilities $18.83M $18.83M $24.75M
YoY Change -23.93% -23.93% -0.91%
LONG-TERM LIABILITIES
Long-Term Debt $3.117M $3.117M $11.90M
YoY Change -73.81% -73.81% 169.28%
Other Long-Term Liabilities $8.000K $3.517M $7.804M
YoY Change -99.9% -54.93% -13.48%
Total Long-Term Liabilities $6.642M $6.634M $19.71M
YoY Change -66.29% -66.34% 46.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.83M $18.83M $24.75M
Total Long-Term Liabilities $6.642M $6.634M $19.71M
Total Liabilities $25.47M $23.24M $52.91M
YoY Change -51.86% -56.08% 44.52%
SHAREHOLDERS EQUITY
Retained Earnings -$265.6M -$238.2M
YoY Change 11.54%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $371.0K $636.0K
YoY Change -41.67%
Treasury Stock Shares 457.3K shares 7.202M shares
Shareholders Equity $26.26M $26.26M $35.90M
YoY Change
Total Liabilities & Shareholders Equity $49.50M $49.50M $88.81M
YoY Change -44.26% -44.26% 67.94%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income -$29.91M -$29.26M -$16.00M
YoY Change 86.95% 43.83% -19.84%
Depreciation, Depletion And Amortization $380.0K $446.0K $410.0K
YoY Change -7.32% -55.13% -52.33%
Cash From Operating Activities -$5.622M -$17.14M -$11.93M
YoY Change -52.89% -21.33% 41.73%
INVESTING ACTIVITIES
Capital Expenditures $171.0K $303.0K $0.00
YoY Change -941.67% -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$181.0K -$476.0K
YoY Change -100.0% -92.73% -87.64%
Cash From Investing Activities -$171.0K -$484.0K -$476.0K
YoY Change -64.08% -80.83% -87.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 -$11.00K
YoY Change -100.0% -110.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.816M $4.185M 7.975M
YoY Change -52.15% -88.68% -53.25%
NET CHANGE
Cash From Operating Activities -5.622M -$17.14M -11.93M
Cash From Investing Activities -171.0K -$484.0K -476.0K
Cash From Financing Activities 3.816M $4.185M 7.975M
Net Change In Cash -1.977M -$13.55M -4.435M
YoY Change -55.42% -207.0% -193.17%
FREE CASH FLOW
Cash From Operating Activities -$5.622M -$17.14M -$11.93M
Capital Expenditures $171.0K $303.0K $0.00
Free Cash Flow -$5.793M -$17.45M -$11.93M
YoY Change -51.46% -19.8% 42.24%

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-723000 usd
CY2020 wkey Increase Decrease In Deferred Revenue Current
IncreaseDecreaseInDeferredRevenueCurrent
213000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
45000 usd
CY2021 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
8000 usd
CY2020 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-8000 usd
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
210000 usd
CY2021 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-2370000 usd
CY2020 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-199000 usd
CY2022 wkey Increase Decrease In Deferred Revenue Noncurrent
IncreaseDecreaseInDeferredRevenueNoncurrent
-77000 usd
CY2021 wkey Increase Decrease In Deferred Revenue Noncurrent
IncreaseDecreaseInDeferredRevenueNoncurrent
81000 usd
CY2020 wkey Increase Decrease In Deferred Revenue Noncurrent
IncreaseDecreaseInDeferredRevenueNoncurrent
9000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-50000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-272000 usd
CY2020 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
326000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17144000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-21791000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-12550000 usd
CY2021 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
476000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
303000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
52000 usd
CY2022 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
181000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2013000 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3845000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-484000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2525000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3897000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
68000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
226000 usd
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2194000 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4820000 usd
CY2021 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
44362000 usd
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
22053000 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2000000 usd
CY2020 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
646000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
2246000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
5276000 usd
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
2344000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
303000 usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2341000 usd
CY2022 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
102000 usd
CY2020 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1135000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4185000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36975000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
21482000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-102000 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-63000 usd
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-13545000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
12596000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5117000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34359000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21763000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16646000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20814000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34359000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21763000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20706000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34201000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19650000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
108000 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
110000 usd
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
2113000 usd
CY2021Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
48000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20814000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34359000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21763000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
53000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
490000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
250000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6000 usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
46000 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
13800000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
43704000 usd
CY2020 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
12946000 usd
CY2020 wkey Increase In Restricted Cash For Share Subscription In Progress
IncreaseInRestrictedCashForShareSubscriptionInProgress
1000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
29000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2375000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
544000 usd
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80F_eus-gaap--NatureOfOperations_zb6CSWHgRy24" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <span style="color: windowtext">Note 1.</span>      <span id="xdx_82C_zmlzgtZ5pOb1">The WISeKey Group</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">WISeKey International Holding AG, together with its consolidated subsidiaries (“WISeKey” or the “Group” or the “<b>WISeKey </b>Group”), has its headquarters in Switzerland. WISeKey International Holding AG, the ultimate parent of the WISeKey Group, was incorporated in December 2015 and is listed on the Swiss Stock Exchange, SIX SAG, with the valor symbol “WIHN” since March 2016 and on the NASDAQ Capital Market exchange with the valor symbol “WKEY” since December 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Group develops, markets, hosts and supports a range of solutions that enable the secure digital identification of people, content and objects, by generating digital identities that enable its clients to monetize their existing user bases and at the same time, expand its own eco-system. WISeKey generates digital identities from its current products and services in Cybersecurity Services, IoT (Internet of Things), Digital Brand Management and Mobile Security. In the first half of 2022, the Group decided to divest its Artificial Intelligence (“<b>AI</b>”) segment and sell arago GmbH in order to refocus on its core operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Group leads a carefully planned vertical integration strategy through acquisitions of companies in the industry. The strategic objective is to provide integrated services to its customers and also achieve cross-selling and synergies across WISeKey. Through this vertical integration strategy, WISeKey anticipates being able to generate profits in the near future.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q4 wkey Working Capital Deficit
WorkingCapitalDeficit
14300000 usd
CY2022 us-gaap Basis Of Accounting
BasisOfAccounting
<p id="xdx_802_eus-gaap--BasisOfAccounting_zEBL4LIbCwD" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> <span style="color: windowtext">Note 3.</span>      <span id="xdx_829_zTm5gXaZKUQ9">Basis of presentation</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements are prepared in accordance with the Generally Accepted Accounting Principles in the United States of America (“US GAAP”) as set forth in the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC). All amounts are in United States dollars (“USD”) unless otherwise stated.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Divestiture of arago</p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On March 14, 2022, the Group signed a Share Purchase and Transfer Agreement (the “SPTA”) to sell its 51% ownership in arago GmbH and its affiliates (together “arago” or the “arago Group”) to OGARA GmbH, with Neutrino Energy Property GmbH &amp; Co. acting as “Buyer Guarantor”, who signed on March 16, 2022. The group subsidiaries making up the arago Group in scope for the sale are arago GmbH, arago Da Vinci GmbH, arago Technology Solutions Private Ltd and arago US Inc. The purchase price set in the SPTA was EUR <span id="xdx_901_eus-gaap--ProceedsFromDivestitureOfBusinesses_pp0p0_uEUR_c20220101__20221231__us-gaap--IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis__custom--AragoGroupMember_zaHBtQFhBZi3">25,527,955</span>.30 (USD <span id="xdx_905_eus-gaap--ProceedsFromDivestitureOfBusinesses_pp0p0_uUSD_c20220101__20221231__us-gaap--IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis__custom--AragoGroupMember_zz9xjgYKCWC7">26,827,022 </span>at historical closing rate on June 23, 2022). The completion of the sale was conditional on the consideration being transferred to WISeKey and the shares owned by the Group being transferred to OGARA GmbH.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The sale was completed on June 24, 2022, when the shares owned by WISeKey in arago were transferred to OGARA GmbH as WISeKey issued a waiver to accept a delayed payment of the consideration, because of the high cash burn rate of arago.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We assessed the SPTA under ASC 205 and concluded that the operation met the requirement to be classified as held for sale because of the strategic shift represented by the sale of the Group’s AI (Artificial Intelligence) segment and that arago qualifies as discontinued operations from the date of the SPTA, March 16, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In line with ASC 205-20-45-3A and ASC 205-20-45-10 respectively, we reported the results of the discontinued operations as a separate component of income for the years ending December 31, 2020, December 31, 2021, and December 31, 2022, and we classified their assets and liabilities separately as held for sale in the balance sheet for the year to December 31, 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Per ASC 830-30-40-1, upon the divestiture of arago, WISeKey’s USD <span id="xdx_90C_eus-gaap--DisposalGroupIncludingDiscontinuedOperationForeignCurrencyTranslationGainsLosses_pp0p0_c20210101__20211231__us-gaap--IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis__custom--AragoGroupMember_zG4x67N4bhqc" title="Accumulated translation adjustment loss">1,245,896</span> accumulated translation adjustment loss in relation to arago was removed from accumulated comprehensive income/(loss) in the balance sheet and recorded in the income statement as part of the loss on disposal of a business, net of tax on disposal. Additionally, an amount of USD <span id="xdx_906_eus-gaap--DisposalGroupIncludingDiscontinuedOperationForeignCurrencyTranslationGainsLosses_pp0p0_c20220101__20221231__us-gaap--IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis__custom--AragoGroupMember_zBJNNHDPyLV6" title="Accumulated translation adjustment loss">1,156,401</span> of currency translation adjustments in relation to arago in WISeKey’s accounts in the year ended December 31, 2022 was recorded directly in the income statement as part of the loss on disposal of a business, net of tax on disposal.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The loss on disposal of a business recorded in the reporting period is USD <span id="xdx_90E_eus-gaap--DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_pn3n3_dxL_c20220101__20221231__us-gaap--IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis__custom--AragoGroupMember_zhiCjH75jds9" title="Loss on disposal of a business, net of tax on disposal::XDX::-15026"><span style="-sec-ix-hidden: xdx2ixbrl1146">15,025,611</span></span> shown as a separate line within discontinued operations in the income statement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022 us-gaap Fiscal Period
FiscalPeriod
<p id="xdx_84E_eus-gaap--FiscalPeriod_zEakSf9GmKfj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Fiscal Year </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Group’s fiscal year ends on December 31.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_849_eus-gaap--UseOfEstimates_zsHT12teEmX2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of consolidated financial statements in conformity with US GAAP requires management to make certain estimates, judgments and assumptions. We believe these estimates, judgements and assumptions are reasonable, based upon information available at the time they were made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities as of the date of the financial statements as well as the reported amounts of revenues and expenses during the periods presented. To the extent there are differences between these estimates, judgments or assumptions and the actual results, our consolidated financial statements will be affected. In many cases, the accounting treatment of a particular transaction is specifically dictated by US GAAP and does not require management’s judgment in its application. There are also areas in which management’s judgment in selecting from available alternatives would not produce a materially different result.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1380000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
555000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
573000 usd
CY2022 us-gaap Depreciation Nonproduction
DepreciationNonproduction
443000 usd
CY2021 us-gaap Depreciation Nonproduction
DepreciationNonproduction
491000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
988207 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
692000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
847000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
2000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Other
DeferredTaxAssetsTaxCreditCarryforwardsOther
1000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
694000 usd
CY2022Q4 wkey Trade Accounts Receivable
TradeAccountsReceivable
2463000 usd
CY2021Q4 wkey Trade Accounts Receivable
TradeAccountsReceivable
2820000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
64000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
68000 usd
CY2022Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
171000 usd
CY2021Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
129000 usd
CY2021Q4 wkey Accounts Receivable From Underwriters Promoters And Employees
AccountsReceivableFromUnderwritersPromotersAndEmployees
5000 usd
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
3000 usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
93000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2573000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2979000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
848000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8634000 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7963000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7792000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
7390000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
842000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
4523000 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
950000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2987000 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1760000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
7510000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
2710000 usd
CY2022Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
352000 usd
CY2021Q4 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
359000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
1025000 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
220000 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
3000 usd
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
5000 usd
CY2021Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
1000 usd
CY2022Q4 wkey Longterm Receivable From And Loan To Shareholders
LongtermReceivableFromAndLoanToShareholders
60000 usd
CY2021Q4 wkey Longterm Receivable From And Loan To Shareholders
LongtermReceivableFromAndLoanToShareholders
187000 usd
CY2022Q4 wkey Longterm Receivable From And Loan To Other Related Parties
LongtermReceivableFromAndLoanToOtherRelatedParties
4000 usd
CY2021Q4 wkey Longterm Receivable From And Loan To Other Related Parties
LongtermReceivableFromAndLoanToOtherRelatedParties
3000 usd
CY2022Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
64000 usd
CY2021Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
190000 usd
CY2022Q4 wkey Longterm Receivable From And Loan To Shareholders
LongtermReceivableFromAndLoanToShareholders
55879 chf
CY2022Q4 wkey Longterm Receivable From And Loan To Related Parties
LongtermReceivableFromAndLoanToRelatedParties
3322 chf
CY2022Q4 wkey Longterm Receivable From And Loan To Related Parties
LongtermReceivableFromAndLoanToRelatedParties
3594 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20101000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20313000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20003000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20208000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
98000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
105000 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
69000 usd
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
73000 usd
CY2020 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
604011 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
33000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
68000 usd
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
66000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000 usd
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
12000 usd
CY2022 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
587000 usd
CY2021 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
695000 usd
CY2020 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
602000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7000 usd
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
22000 usd
CY2022 us-gaap Lease Cost
LeaseCost
623000 usd
CY2021 us-gaap Lease Cost
LeaseCost
777000 usd
CY2020 us-gaap Lease Cost
LeaseCost
702000 usd
CY2022 wkey Finance Lease Payments Use
FinanceLeasePaymentsUse
61000 usd
CY2021 wkey Finance Lease Payments Use
FinanceLeasePaymentsUse
114000 usd
CY2022 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
610000 usd
CY2021 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
580000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000 usd
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000 usd
CY2022 us-gaap Lease Cost
LeaseCost
623000 usd
CY2021 us-gaap Lease Cost
LeaseCost
777000 usd
CY2022 wkey New Operating Lease Liabilities
NewOperatingLeaseLiabilities
56000 usd
CY2021 wkey New Operating Lease Liabilities
NewOperatingLeaseLiabilities
1197000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
604000 usd
CY2022Q4 wkey Short Term Lease Payments Due Next Twelve Months
ShortTermLeasePaymentsDueNextTwelveMonths
1000 usd
CY2022Q4 wkey Lease Liability Payments Due Next Twelve Months
LeaseLiabilityPaymentsDueNextTwelveMonths
605000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
584000 usd
CY2022Q4 wkey Short Term Lease Payments Due Year Two
ShortTermLeasePaymentsDueYearTwo
-0 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
-0 usd
CY2022Q4 wkey Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
584000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
575000 usd
CY2022Q4 wkey Short Term Lease Payments Due Year Three
ShortTermLeasePaymentsDueYearThree
-0 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
-0 usd
CY2022Q4 wkey Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
575000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
530000 usd
CY2022Q4 wkey Short Term Lease Payments Due Year Four
ShortTermLeasePaymentsDueYearFour
-0 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
-0 usd
CY2022Q4 wkey Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
530000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
442000 usd
CY2022Q4 wkey Short Term Lease Payments Due Year Five And Beyond
ShortTermLeasePaymentsDueYearFiveAndBeyond
-0 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
-0 usd
CY2022Q4 wkey Lease Liability Payments Due Year Five And Beyond
LeaseLiabilityPaymentsDueYearFiveAndBeyond
442000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2735000 usd
CY2022Q4 wkey Short Term Lease Payments Due
ShortTermLeasePaymentsDue
1000 usd
CY2022Q4 wkey Lease Liability Payments Due
LeaseLiabilityPaymentsDue
2736000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
416000 usd
CY2022Q4 wkey Short Term Lease Payments Undiscounted Excess Amount
ShortTermLeasePaymentsUndiscountedExcessAmount
-0 usd
CY2022Q4 wkey Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
416000 usd
CY2022Q4 wkey Lessee Operating Lease Liability Effects Of Practical Expedient
LesseeOperatingLeaseLiabilityEffectsOfPracticalExpedient
-0 usd
CY2022Q4 wkey Short Term Lease Payments Effects Of Practical Expedient
ShortTermLeasePaymentsEffectsOfPracticalExpedient
-1000 usd
CY2022Q4 wkey Finance Lease Liability Effects Of Practical Expedient
FinanceLeaseLiabilityEffectsOfPracticalExpedient
-0 usd
CY2022Q4 wkey Lease Liability Effects Of Practical Expedient
LeaseLiabilityEffectsOfPracticalExpedient
-1000 usd
CY2022Q4 wkey Short Term Lease Liability
ShortTermLeaseLiability
-0 usd
CY2022Q4 wkey Lease Liability
LeaseLiability
2319000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y14D
CY2022Q4 wkey Finance Lease Implicit Rate
FinanceLeaseImplicitRate
0.0517 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0321 pure
CY2020Q4 us-gaap Goodwill
Goodwill
8317000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
-0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
-0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
-0 usd
CY2021Q4 us-gaap Goodwill
Goodwill
8317000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
-0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
-0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
-0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8317000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
5207000 usd
CY2021Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
5842000 usd
CY2021Q4 wkey Accounts Payable Factors Or Other Financial Institutions For Borrowings Current
AccountsPayableFactorsOrOtherFinancialInstitutionsForBorrowingsCurrent
26000 usd
CY2022Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
353000 usd
CY2021Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
2802000 usd
CY2022Q4 wkey Accounts Payable Other Related Parties Current
AccountsPayableOtherRelatedPartiesCurrent
70000 usd
CY2021Q4 wkey Accounts Payable Other Related Parties Current
AccountsPayableOtherRelatedPartiesCurrent
189000 usd
CY2022Q4 us-gaap Accounts Payable Underwriters Promoters And Employees Other Than Salaries And Wages Current
AccountsPayableUnderwritersPromotersAndEmployeesOtherThanSalariesAndWagesCurrent
3918000 usd
CY2021Q4 us-gaap Accounts Payable Underwriters Promoters And Employees Other Than Salaries And Wages Current
AccountsPayableUnderwritersPromotersAndEmployeesOtherThanSalariesAndWagesCurrent
2845000 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
3853000 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
3082000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
13401000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
14786000 usd
CY2022Q4 us-gaap Loans Payable Current
LoansPayableCurrent
4121000 usd
CY2021Q4 us-gaap Loans Payable Current
LoansPayableCurrent
4122000 usd
CY2022Q4 wkey Loans Payable Related Parties Current
LoansPayableRelatedPartiesCurrent
75000 usd
CY2021Q4 wkey Loans Payable Related Parties Current
LoansPayableRelatedPartiesCurrent
84000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
4196000 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
4206000 usd
CY2022Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.10 pure
CY2021Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.10 pure
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
19000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
108000 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
85000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
105000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
128000 usd
CY2022Q4 wkey Other Other Liabilities Current
OtherOtherLiabilitiesCurrent
196000 usd
CY2021Q4 wkey Other Other Liabilities Current
OtherOtherLiabilitiesCurrent
208000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
409000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
440000 usd
CY2022 us-gaap Labor And Related Expense
LaborAndRelatedExpense
12401000 usd
CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
12208000 usd
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
12145000 usd
CY2022 wkey Defined Benefit Plan Social Security Contributions
DefinedBenefitPlanSocialSecurityContributions
3123000 usd
CY2021 wkey Defined Benefit Plan Social Security Contributions
DefinedBenefitPlanSocialSecurityContributions
3320000 usd
CY2020 wkey Defined Benefit Plan Social Security Contributions
DefinedBenefitPlanSocialSecurityContributions
3230000 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
422000 usd
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
671000 usd
CY2020 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
646000 usd
CY2022 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
14000 usd
CY2021 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-78000 usd
CY2020 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
248000 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
15960000 usd
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
16121000 usd
CY2020 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
16268000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
11665000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12169000 usd
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12332000 usd
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-10686000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
16938000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
19100000 usd
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
17566000 usd
CY2021Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
4769000 usd
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
6768000 usd
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
6880000 usd
CY2021Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
4769000 usd
CY2020Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
6768000 usd
CY2019Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
6880000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
16938000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
19100000 usd
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
17566000 usd
CY2022 wkey Defined Benefit Plan Net Service Cost
DefinedBenefitPlanNetServiceCost
213000 usd
CY2021 wkey Defined Benefit Plan Net Service Cost
DefinedBenefitPlanNetServiceCost
263000 usd
CY2020 wkey Defined Benefit Plan Net Service Cost
DefinedBenefitPlanNetServiceCost
436000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
52000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
29000 usd
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
50000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
98000 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
153000 usd
CY2020 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
141000 usd
CY2022 wkey Net Benefits Paid To Participants
NetBenefitsPaidToParticipants
2225000 usd
CY2021 wkey Net Benefits Paid To Participants
NetBenefitsPaidToParticipants
278000 usd
CY2020 wkey Net Benefits Paid To Participants
NetBenefitsPaidToParticipants
8000 usd
CY2022 wkey Prior Service Costs
PriorServiceCosts
-0 usd
CY2021 wkey Prior Service Costs
PriorServiceCosts
123000 usd
CY2020 wkey Prior Service Costs
PriorServiceCosts
698000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-2892000 usd
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-1407000 usd
CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-74000 usd
CY2022 us-gaap Defined Benefit Plan Accumulated Benefit Obligation Increase Decrease For Settlement And Curtailment
DefinedBenefitPlanAccumulatedBenefitObligationIncreaseDecreaseForSettlementAndCurtailment
-0 usd
CY2021 us-gaap Defined Benefit Plan Accumulated Benefit Obligation Increase Decrease For Settlement And Curtailment
DefinedBenefitPlanAccumulatedBenefitObligationIncreaseDecreaseForSettlementAndCurtailment
194000 usd
CY2020 us-gaap Defined Benefit Plan Accumulated Benefit Obligation Increase Decrease For Settlement And Curtailment
DefinedBenefitPlanAccumulatedBenefitObligationIncreaseDecreaseForSettlementAndCurtailment
-0 usd
CY2022 wkey Employee Benefit Plans Reclassifications
EmployeeBenefitPlansReclassifications
-0 usd
CY2021 wkey Employee Benefit Plans Reclassifications
EmployeeBenefitPlansReclassifications
-0 usd
CY2020 wkey Employee Benefit Plans Reclassifications
EmployeeBenefitPlansReclassifications
2000 usd
CY2022 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
-317000 usd
CY2021 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
-605000 usd
CY2020 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
1689000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
11867000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
16938000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
19100000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12169000 usd
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12332000 usd
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-10686000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
190000 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
263000 usd
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
244000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Contributions By Plan Participant
DefinedBenefitPlanPlanAssetsContributionsByPlanParticipant
98000 usd
CY2021 us-gaap Defined Benefit Plan Plan Assets Contributions By Plan Participant
DefinedBenefitPlanPlanAssetsContributionsByPlanParticipant
153000 usd
CY2020 us-gaap Defined Benefit Plan Plan Assets Contributions By Plan Participant
DefinedBenefitPlanPlanAssetsContributionsByPlanParticipant
141000 usd
CY2022 wkey Net Benefits Paid To Participants Reconciliation
NetBenefitsPaidToParticipantsReconciliation
-2201000 usd
CY2021 wkey Net Benefits Paid To Participants Reconciliation
NetBenefitsPaidToParticipantsReconciliation
-162000 usd
CY2020 wkey Net Benefits Paid To Participants Reconciliation
NetBenefitsPaidToParticipantsReconciliation
22000 usd
CY2022 wkey Defined Benefit Plan Plan Assets Interest Income
DefinedBenefitPlanPlanAssetsInterestIncome
-157000 usd
CY2021 wkey Defined Benefit Plan Plan Assets Interest Income
DefinedBenefitPlanPlanAssetsInterestIncome
-177000 usd
CY2020 wkey Defined Benefit Plan Plan Assets Interest Income
DefinedBenefitPlanPlanAssetsInterestIncome
-167000 usd
CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-82000 usd
CY2021 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-224000 usd
CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
29000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
223000 usd
CY2021 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
370000 usd
CY2020 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
-1043000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-10108000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12169000 usd
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12332000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-10108000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12169000 usd
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
-12332000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
11867000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
16938000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
19100000 usd
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
1759000 usd
CY2021Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
4769000 usd
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
6768000 usd
CY2022Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
1759000 usd
CY2021Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
4769000 usd
CY2020Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
6768000 usd
CY2022 wkey Estimated Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
EstimatedDefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
152000 usd
CY2021 wkey Estimated Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
EstimatedDefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
270000 usd
CY2020 wkey Estimated Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
EstimatedDefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
286000 usd
CY2022 wkey Estimated Defined Benefit Plan Amortization Of Transition Asset Obligation
EstimatedDefinedBenefitPlanAmortizationOfTransitionAssetObligation
0 usd
CY2021 wkey Estimated Defined Benefit Plan Amortization Of Transition Asset Obligation
EstimatedDefinedBenefitPlanAmortizationOfTransitionAssetObligation
0 usd
CY2020 wkey Estimated Defined Benefit Plan Amortization Of Transition Asset Obligation
EstimatedDefinedBenefitPlanAmortizationOfTransitionAssetObligation
0 usd
CY2022 wkey Estimated Defined Benefit Plan Prior Service Cost Credit
EstimatedDefinedBenefitPlanPriorServiceCostCredit
-28000 usd
CY2021 wkey Estimated Defined Benefit Plan Prior Service Cost Credit
EstimatedDefinedBenefitPlanPriorServiceCostCredit
-12000 usd
CY2020 wkey Estimated Defined Benefit Plan Prior Service Cost Credit
EstimatedDefinedBenefitPlanPriorServiceCostCredit
61000 usd
CY2022 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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RevenueFromRelatedParties
32000 usd

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