v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 488,953 $ 429,244
Restricted cash, current 6,311 4
Accounts receivable, net of allowance for credit losses 8,051 5,109
Inventories 2,101 2,012
Prepaid expenses, current 2,033 2,445
Investment, current 2,449 10,032
Government assistance 6,613 4,579
Other current assets 1,994 2,353
Total current assets 518,505 455,778
Noncurrent assets    
Notes receivable, noncurrent 31
Deferred tax credits 4,492 2,364
Property, plant and equipment net of accumulated depreciation 5,042 3,804
Intangible and crypto assets, net of accumulated amortization 30,410 21,073
Operating lease right-of-use assets 5,975 6,366
Finance lease right-of-use assets 87 126
Goodwill 20,012 13,973
Available-for-sale debt securities, noncurrent 128 129
Equity securities, at cost 19,194 517
Investment in unconsolidated affiliates 4,262 7,857
Investment in SAFE 7,000 1,000
Prepaid expenses, noncurrent 828 1,114
Other noncurrent assets 443 455
Total noncurrent assets 97,873 58,809
TOTAL ASSETS 616,378 514,587
Current Liabilities    
Accounts payable 26,966 19,207
Notes payable 613 748
Indebtedness to related parties, current 82 84
Convertible note payable, current 10 10
Deferred revenue, current 1,079 93
Current portion of obligations under operating lease liabilities 683 932
Current portion of obligations under finance lease liabilities 35 57
Income tax payable 3
Other current liabilities 12,420 14,132
Total current liabilities 41,888 35,266
Noncurrent liabilities    
Bonds, mortgages and other long-term debt 724 1,047
Deferred revenue, noncurrent 1,076 13
Indebtedness to related parties, noncurrent 1,171 1,324
Operating lease liabilities, noncurrent 5,227 5,536
Finance lease liabilities, noncurrent 55 72
Deferred income tax liability 5,805 4,367
Employee benefit plan obligation 4,928 4,502
Other noncurrent liabilities 876 1,311
Total noncurrent liabilities 19,862 18,172
TOTAL LIABILITIES 61,750 53,438
Commitments and contingent liabilities
SHAREHOLDERS' EQUITY    
Share subscription in progress 0 0
Treasury stock, at cost (56,508 and 56,508 shares held) (502) (502)
Additional paid-in capital 351,740 343,015
Accumulated other comprehensive income / (loss) 3,451 3,426
Accumulated deficit (309,806) (300,479)
Total shareholders' equity attributable to WISeKey shareholders 45,339 45,916
Noncontrolling interests in consolidated subsidiaries 509,289 415,233
Total shareholders' equity 554,628 461,149
TOTAL LIABILITIES AND EQUITY 616,378 514,587
Class A Common Stock    
SHAREHOLDERS' EQUITY    
Common stock 16 16
Class B Common Stock    
SHAREHOLDERS' EQUITY    
Common stock $ 440 $ 440