v3.26.3
Related Parties Disclosure (Tables)
 6 Months Ended
Jun. 30, 2026
Related Parties Disclosure [Abstract]  
Schedule of Condensed Consolidated Financial Statements

As of June 30, 2026, the condensed consolidated financial statements of the Group include the entities listed in the following table:

 

Group Company Name  Country of incorporation  Year of incorporation   Share Capital  % ownership
as of
June 30,
2026		   % ownership
as of
December 31,
2025		   Nature of business
SEALSQ France SAS  France   2010   EUR 1,473,162   100%   100%  Chip manufacturing, sales & distribution
SEALSQ Japan KK  Japan   2017   JPY  1,000,000   100%   100%  Sales & distribution
SEALSQ France Taiwan Branch  Taiwan   2017   TWD 100,000   100%   100%  Sales & distribution
SEALSQ USA Ltd  U.S.A.   2024  
Nil
   100%   100%  Sales & distribution
IC’Alps SAS  France   2018   EUR 1,100,000   100%   100%  Custom ASIC design services
Miraex SA  Switzerland   2019   CHF 904,536   100%   
-
   Photonic integrated circuit (PIC) platform
Wecan Group SA  Switzerland   2017   CHF 304,911   55.52%   31.87%  Blockchain solutions for data quality and compliance in the financial sector
Schedule of Equity Investments As per the table below, as of June 30, 2026, the Group holds two equity investments in an unconsolidated affiliate over which it exercises significant influence, but which are not consolidated because the Group does not control the entities.
Company Name  % ownership
as of
June 30,
2026		   % ownership
as of
December 31,
2025		   Nature of relationship
Quantix Edge Security S.L.   5.00%   5.00%  Equity method investment
WISeSat.Space Corp   8.08%   8.08%  Equity method investment
Schedule of Related Party Transactions and Balances

Related party transactions and balances

 

      Receivables as of   Payables as of   Net expenses to   Net income from 
      June 30,   December 31,   June 30,   December 31,   in the six months ended June 30,   in the six months ended June 30, 
   Related Parties
(in USD’000)		  2026 (unaudited)   2025   2026 (unaudited)   2025   2026 (unaudited)   2025 (unaudited)   2026 (unaudited)   2025 (unaudited) 
1  Carlos Moreira   
-
    
-
    
-
    614    
-
    
-
    
-
    
-
 
2  John O’Hara   
-
    
-
    5    4    
-
    
-
    
-
    
-
 
3  Ruma Bose   
-
    
-
    
-
    
-
    47    125    
-
    
-
 
4  Cristina Dolan   
-
    
-
    
-
    
-
    47    136    
-
    
-
 
5  David Fergusson   
-
    
-
    
-
    14    47    108    
-
    
-
 
6  Eric Pellaton   
-
    
-
    
-
    
-
    47    124    
-
    
-
 
7  Peter Ward   
-
    
-
    
-
    
-
    
-
    1,472    
-
    
-
 
8  Danil Kerimi   
 
    
-
    
 
    
-
    
-
    27    
-
    
-
 
9  Hossein Rahnama   
-
    
-
    
-
    
-
    
-
    12    
-
    
-
 
10  Antoine Kohler   
-
    
-
    5    
-
    5    
-
    
-
    
-
 
11  WISeKey International Holding AG   14,063    8,107    1,232    1,563    1,136    500    1,326    1,662 
12  WISeKey SA   132    81    256    270    191    495    
-
    
-
 
13  WISeSat. Space AG   4    
-
    
-
    
-
    
-
    
-
    
-
    
-
 
14  WISeCoin AG   
-
    
-
    340    347    4    10    
-
    
-
 
15  Wecan Group SA   
-
    
-
    
-
    
-
    
-
    
-
    63    
-
 
16  SEALCOIN AG   557    468    
-
    
-
    
-
    
-
    106    80 
17  Quantix Edge Security SL   752    
-
    
-
    
-
    
-
    
-
    753    
-
 
18  Quobly SAS   1,164    
-
    
-
    
-
    
-
    
-
    
-
    
-
 
19  Related parties of Carlos Moreira   
-
    
-
    139    
-
    401    
-
    
-
    
-
 
   Total   16,672    8,656    1,977    2,812    1,925    3,009    2,248    1,742