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Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue - Schedule of Disaggregation of Revenue

The following table shows the Group’s revenues disaggregated by reportable segment and by product or service type:

 

Disaggregation of revenue Typical payment At one point in time   Over time   Total
USD'000   2022 2021 2020   2022 2021 2020   2022 2021 2020
IoT Segment                        
Secure chips Upon delivery 23,198 16,867 14,317   -    -    -      23,198 16,867 14,317
Total IoT segment revenue 23,198 16,867 14,317   -    -    -      23,198 16,867 14,317
mPKI Segment                        
Certificates Upon issuance -     -    -      111 153 175    111 153 175
Licenses and integration Upon delivery 107 607 287   149 -    -      256 607 287
SaaS, PCS and hosting Quarterly or yearly -    -    -      249 19 -      249 19 -   
Total mPKI segment revenue 107 607 287    509 172 175   616 779 462
Total Revenue from continuing operations 23,305 17,474 14,604   509 172 175   23,814 17,646 14,779

 

Revenue - Schedule of Disaggregation of Revenue by Geographic Areas

The following table shows the Group’s revenues disaggregated by geography, based on our customers’ billing addresses:

 

Net sales by region 12 months ended December 31,
USD'000 2022   2021   2020
IoT Segment          
Switzerland 751   406   278
Rest of EMEA 6,026   3,721   4,228
North America 13,609   10,631   8,217
Asia Pacific 2,745   2,062   1,526
Latin America 67   47   68
Total IoT segment revenue 23,198   16,867   14,317
mPKI Segment          
Switzerland 253   596   314
Rest of EMEA 234   98   93
North America 68   58   43
Asia Pacific -   -   -
Latin America 61   27   12
Total mPKI segment revenue 616   779   462
Total Net sales from continuing operations 23,814   17,646   14,779
*EMEA means Europe, Middle East and Africa          
Revenue - Schedule of Contract Assets, Deferred Revenue and Contract Liability

Our contract assets, deferred revenue and contract liability consist of:

 

  As at December 31,   As at December 31,
USD'000 2022   2021
Trade accounts receivables      
Trade accounts receivable - IoT segment                            2,269                              2,655
Trade accounts receivable - mPKI segment                               194                                 165
Total trade accounts receivables                            2,463                              2,820
Contract assets                                  -                                       -   
Total contract assets                                  -                                       -   
Contract liabilities - current                               105                                 128
Contract liabilities - noncurrent                                   8                                   57
Total contract liabilities                               113                                 185
Deferred revenue      
Deferred revenue  - mPKI segment                               197                                 192
Total deferred revenue 197   192
Revenue from continuing operations recognized in the period from amounts included in the deferred revenue at the beginning of the year                               209                                 290

Revenue - Schedule of Remaining Performance Obligations
Estimated revenue from remaining performance obligations
as at December 31, 2022 (USD'000)
 Total
2023 279
2024 31
Total remaining performance obligation
from continuing operations
310