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Revenue (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenue - Schedule of Disaggregation of Revenue

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

 

Disaggregation of revenue Typical payment At one point in time   Total
USD'000   2023 2022 2021   2023 2022 2021
Secure Microcontrollers Segment                
Secure chips Upon delivery 20,927 18,336 14,850   20,927 18,336 14,850
Total Secure Microcontrollers Segment 20,927 18,336 14,850   20,927 18,336 14,850
All Other Segment                
Secure chips Upon delivery 9,117 4,862 2,145   9,117 4,862 2,145
Certificates Upon issuance 14           14        
Total All Other Segment 9,131 4,862 2,145   9,131 4,862 2,145
Total Revenue  30,058   23,198   16,995    30,058  23,198  16,995
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  

2023   2022   2021
Secure Microcontrollers Segment          
Europe, Middle East and Africa 3,548   2,922   2,981
North America 15,962   13,408   10,234
Asia Pacific 1,341   1,939   1,588
Latin America 76   67   47
Total Secure Microcontrollers segment revenue 20,927   18,336   14,850
All Other Segment          
Europe, Middle East and Africa 6,437   3,855   1,274
North America 569   201   397
Asia Pacific 2,125   806   474
Total All Other segment revenue 9,131   4,862   2,145
Total net sales 30,058   23,198   16,995
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 2023   2022
Trade accounts receivable      
Trade accounts receivable - Secure Microcontrollers Segment Secure Microcontrollers Segment                            3,553                              1,794
Trade accounts receivable - All Other Segment All Other Segment                            1,550                                 475
Total trade accounts receivable                            5,103                              2,269
Customer contract liabilities - current                               125                                   84
Total customer contract liabilities                               125                                   84