XML 95 R76.htm IDEA: XBRL DOCUMENT
v3.23.1

Related parties disclosure (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Related Party Transactions [Abstract] |
Related Parties Disclosure - Schedule of Subsidiary/Parent Ownership Interest | The consolidated financial statements of the Group include the entities listed in the following table: Related Parties Disclosure - Schedule of Subsidiary/Parent Ownership Interest
Group Company Name | Country of incorporation | Year of incorporation | Share Capital | % ownership as at December 31, 2022 | % ownership as at December 31, 2021 | Nature of business
WISeKey SA | Switzerland | 1999 | CHF 933,436 | 95.75% | 95.75% | Main operating company. Sales and R&D services
WISeKey Semiconductors SAS | France | 2010 | EUR 1,298,162 | 100.0% | 100.0% | Chip manufacturing, sales & distribution
WiseTrust SA | Switzerland | 1999 | CHF 680,000 | 100.0% | 100.0% | Non-operating investment company
WISeKey ELA SL | Spain | 2006 | EUR 4,000,000 | 100.0% | 100.0% | Sales & support
WISeKey SAARC Ltd | U.K. | 2016 | GBP 100,000 | 51.0% | 51.0% | Non trading
WISeKey USA Inc1 | U.S.A | 2006 | USD 6,500 | 100%* | 100%* | Sales & support
WISeKey India Private Ltd2 | India | 2016 | INR 1,000,000 | 45.9% | 45.9% | Sales & support
WISeKey IoT Japan KK | Japan | 2017 | JPY 1,000,000 | 100.0% | 100.0% | Sales & distribution
WISeKey IoT Taiwan | Taiwan | 2017 | TWD 100,000 | 100.0% | 100.0% | Sales & distribution
WISeCoin AG | Switzerland | 2018 | CHF 100,000 | 90.0% | 90.0% | Sales & distribution
WISeKey Equities AG | Switzerland | 2018 | CHF 100,000 | 100.0% | 100.0% | Financing, Sales & distribution
WISeKey Semiconductors GmbH | Germany | 2019 | EUR 25,000 | 100.0% | 100.0% | Sales & distribution
WISeKey Arabia - Information Technology Ltd | Saudi Arabia | 2019 | SAR 200,000.00 | 51.0% | 51.0% | Sales & distribution
WISe.Art AG3 | Switzerland | 2020 | CHF 100,000 | 100.0% | 100.0% | Sales & distribution
WISeKey Vietnam Ltd | Vietnam | 2021 | VND 689,400,000 | 95.75% | 95.75% | R&D
SEALSQ Corp. | British Virgin Islands | 2022 | USD 100 | 100.0% | n/a | Sales & support
WISeKey (Gibraltar) Limited | Gibraltar | 2022 | GBP 100 | 100.0% | n/a | Sales & support
Trust Protocol Association | Switzerland | 2019 | CHF - | 100.0% | 100.0% | Association cofounded by WISeKey Equities AG involved in Internet security
1 50% owned by WISeKey SA and 50% owned by WiseTrust SA |
2 88% owned by WISeKey SAARC which is controlled by WISeKey International Holding AG
3 Formerly TrusteCoin AG, formerly WiseAI AG, 100% owned by WISeKey International Holding AG from August 27, 2021
4 Formerly SEAL (BVI) Corp. |  |  |  |  |  |
Related Parties Disclosure - Schedule of Related Party Transactions |
|  |  | Receivables as at |  | Payables as at | Net expenses to | Net income from
|  | Related Parties | December 31, |  | December 31, |  | December 31, |  | December 31, | in the year ended December 31, | in the year ended December 31,
|  | (in USD'000) | 2022 |  | 2021 |  | 2022 |  | 2021 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020
1 |  | Carlos Moreira | - |  | - |  | 353 |  | 2,802 | - | - | - | - | - | -
2 |  | Philippe Doubre | - |  | - |  | - |  | - | 63 | 179 | 86 | - | - | -
3 |  | David Fergusson | - |  | - |  | - |  | - | 68 | 78 | 119 | - | - | -
4 |  | Eric Pellaton | - |  | - |  | - |  | - | 87 | 92 | 42 | - | - | -
5 |  | Jean-Philippe Ladisa | - |  | - |  | - |  | - | 53 | 68 | 61 | - | - | -
6 |  | Maria Pia Aqueveque Jabbaz | - |  | - |  | - |  | - | 34 | 2 | 1 | - | - | -
7 |  | Cristina Dolan | - |  | - |  |  |  | - | 67 | - | 1 | - | - | -
8 |  | Hans-Christian Boos | - |  | - |  | - |  | 2,395 | 158 | 125 | - | - | - | -
9 |  | Juan Hernández Zayas | - |  | - |  | - |  | - | - | - | 52 | - | - | -
10 |  | Nicolas Ramseier | - |  | - |  | - |  | - | 1 | - | - | - | - | -
11 |  | Philippe Gerwill | - |  | - |  | - |  | - | - | 10 | - | - | - | -
12 |  | Geoffrey Lipman | - |  | - |  | - |  | - | - | 8 | - | - | - | -
13 |  | Don Tapscott | - |  | - |  | - |  | - | - | - | 8 | - | - | -
14 |  | OISTE | 171 |  | 129 |  | 70 |  | 189 | 252 | 350 | 374 | 157 | 71 | 32
15 |  | Terra Ventures Inc | - |  | - |  | 30 |  | 33 | - | - | - | - | - | -
16 |  | GSP Holdings Ltd | - |  | - |  | 13 |  | 17 | - | - | - | - | - | -
17 |  | SAI LLC (SBT Ventures) | - |  | - |  | 30 |  | 34 | - | - | - | - | - | -
18 |  | Related parties of Carlos Moreira | - |  | - |  | - |  | - | 200 | 224 | 223 | - | - | -
|  | Total | 171 |  | 129 |  | 496 |  | 5,470 | 983 | 1,136 | 968 | 157 | 71 | 32

X
- Definition The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4M -URI https://asc.fasb.org/extlink&oid=120409616&loc=SL4591554-111686 + Details
Name: | us-gaap_ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestEffectsOfChangesNetTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration