{"id":839000,"date":"2025-04-17T17:28:04","date_gmt":"2025-04-17T21:28:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/"},"modified":"2025-04-17T17:28:04","modified_gmt":"2025-04-17T21:28:04","slug":"wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/","title":{"rendered":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence <\/strong><\/p>\n<p>        <strong><br \/>\n          <em>Schedules Conference Call and Webcast for Tuesday, April 22 at 10:00 am ET (4:00 pm CET)<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p>Geneva, Switzerland \u2013 April 17, 2025 \u2013 <strong>Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules &#8211; <\/strong>WISeKey International Holding Ltd (NASDAQ: WKEY \/ SIX: WIHN) (&#8220;WISeKey&#8221; or &#8220;the Company&#8221;), a global leader in cybersecurity, digital identity, and IoT technologies, today announced its audited financial results for the year ended December 31, 2024, and shared its strategic vision for 2025, a year expected to be defined by the convergence of foundational technologies and the emergence of Sovereign AI.<\/p>\n<p>Carlos Moreira, Founder and CEO of WISeKey, commented: \u201c2024 has been a pivotal year for WISeKey. We ended the year with a very strong balance sheet, strategic technological milestones, and a clear roadmap to take advantage of new opportunities ahead. From launching 17 secure satellites in partnership with SpaceX and further advancing negotiations on our semiconductor personalization center strategy, to scaling our blockchain platforms and developing post-quantum chips, we have created a solid foundation across every layer of digital trust infrastructure.<\/p>\n<p>We started 2025 on a very strong note and have now entered what I define as the \u2018Year of WISeKey Convergence.\u2019 This is more than a strategy, it is a paradigm shift. We are bringing together four foundational pillars: semiconductors, satellites, blockchain, and digital identity, into unified and interoperable ecosystems. This convergence allows us to offer end-to-end solutions where each component reinforces the other, enabling exponential innovation and resilience.<\/p>\n<p>For instance, our post-quantum secure chips, developed by our semiconductor subsidiary SEALSQ Corp (Nasdaq: LAES), are now being embedded into WISeSat satellites to create a secure foundation for a decentralized IoT infrastructure. Blockchain and identity platforms like SEALCOIN and WISeID are being deployed to power autonomous, tamper-proof transactions between machines, satellites, and users. Combining this with our partnership with the Hedera distributed ledger, brings transparency and immutability to these transactions. Additionally, our work with the Swiss Army is proceeding with the testing of a secure smartphone and secure communications with our WISeSat Satellites.<\/p>\n<p>This convergence approach positions WISeKey at the intersection of some of the most critical transformations of our time, such as quantum-resilient security, space-based connectivity, and the decentralized economy. We are not just adapting to the digital future, we are building it. For WISeKey, 2025 is expected to be a year of execution and scale, where our integrated business units aim to deliver tangible impact.\u201d<\/p>\n<p align=\"justify\">\n        <strong>FY 2024 HIGHLIGHTS<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>$90.6 million cash balance <\/strong>(as of December 31, 2024) alongside a much cleaner balance sheet.<\/li>\n<li style=\"text-align:justify\">\n          <strong>$11.9\u00a0million FY 2024 revenue<\/strong>, down from $30.1 million in FY 2023, reflects an expected decrease as a result of a transitional year with semiconductors customers gradually shifting to our next-generation quantum-resistant solutions and delayed building inventory until the release alongside the impact of the excess inventory accumulation by customers in 2023.<\/li>\n<li style=\"text-align:justify\">\n          <strong>$7.0 million investments in R&amp;D for the development of new projects and technologies<\/strong>, including SEALSQ\u2019s post-quantum chip, SEALCOIN, and our WISeSat next generation satellites. <\/li>\n<li>\n          <strong>First engineering samples of our new quantum resistant secure microcontroller delivered in Q4 2024, <\/strong>in line with our semiconductors\u2019 R&amp;D plan initiated in 2022. We are on target to make our <strong>QVault-TPM<\/strong>, the next generation of secure microcontrollers built by SEALSQ on our new Secure RISC-V CPU, available on the market in Q4 2025.<\/li>\n<li style=\"text-align:justify\">Signed a <strong>landmark agreement with the Swiss Army to co-develop advanced cybersecurity and space-based capabilities<\/strong>. The first new generation WISeSat satellite under this initiative was launched in January 2025.<\/li>\n<li style=\"text-align:justify\">\n          <strong>$115 million pipeline<\/strong> of secured and pending business opportunities over the period from 2026 to 2028 as of April 15, 2025.<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong>LOOKING AHEAD TO 2025<\/strong>\n      <\/p>\n<p>\n        <strong>Strong Financial Foundation to Support Strategic Growth<\/strong>\n      <\/p>\n<p>WISeKey\u2019s 2024 year-end solid cash position in excess of $90 million (predominantly secured via the over $80\u00a0million capital raised during 2024 by SEALSQ), alongside the availability of any additional financing should it be required, and its much cleaner balance sheet, place the Company in a very strong position to invest in high-growth areas such as post-quantum cybersecurity, next-generation semiconductors, satellite infrastructure, and blockchain-based ecosystems.<\/p>\n<p>Despite certain sector-wide headwinds, the Company\u2019s overall outlook remains robust with a pipeline of secured and pending business opportunities exceeding $115 million for the period from 2026 to 2028, supported by growing public sector and defense partnerships.<\/p>\n<p>WISeKey anticipates strong growth in 2025, propelled by SEALSQ\u2019s quantum-resistant technology developments and expanding IoT security demand. This growth is expected to be driven by the integration of chip revenue from new sources, an expansion in chip personalization services, additional revenue generated by WISeSat, and the consolidated revenue from our planned investments. <\/p>\n<p>In our semiconductors vertical, SEALSQ has been the main revenue contributor in 2024 and in prior years. We anticipate that our new Quantum-Resistant chips will be available on the market in Q4\u00a02025. WISeKey foresees generating substantial returns from the full-scale commercial deployment of this quantum resistant chip starting in\u00a02026. <\/p>\n<p>WISeKey has therefore taken several initiatives to develop new revenue streams and strengthen net results.<\/p>\n<p>These initiatives include: <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>Quantix Edges: Semiconductor Personalization &amp; Design Center in Spain<\/strong>\n        <\/li>\n<\/ul>\n<p align=\"justify\">WISeKey and SEALSQ jointly, together with OdinS and TProtege, two Spanish companies with extensive experience in R&amp;D&amp;I (Research &amp; Development &amp; Innovation) worldwide and in the design and manufacturing of IoT devices and solutions, plan to establish in the Region of Murcia a \u201cCenter of Excellence in Cybersecurity and Microchips\u201d under the financial umbrella of the Microelectronics and Semiconductors Plan (PERTE CHIP) initiated by Spain.\u00a0\u00a0 The project called Quantix Edges is in the final stages of the approval process by SETT, the Spanish government\u2019s entity responsible for funding under the PERTE budgets.<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>Consolidated revenue from acquisition opportunities <\/strong>\n        <\/li>\n<\/ul>\n<p align=\"justify\">The potential IC\u2019ALPS acquisition, if completed, would bolster SEALSQ\u2019s Application-Specific Integrated Circuit (ASIC) development, and further strengthen WISeKey\u2019s portfolio of products. <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>WISeSat\u2019s new generation satellites<\/strong>\n        <\/li>\n<\/ul>\n<p align=\"justify\">Six more launches are planned during 2025 and 2026, with the next one currently scheduled for June 2025. <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>SEALCOIN\u2019s TIoT commercial launch<\/strong>\n        <\/li>\n<\/ul>\n<p align=\"justify\">Following on from the successful Proof of Concept carried out in Q1 2025, SEALCOIN is working to identify partners to perform other PoCs and further demonstrate its readiness for industrialization of its TIoT solution.<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>Quantum as a Service<\/strong>\n        <\/li>\n<\/ul>\n<p align=\"justify\">In 2025, WISeKey advanced its commitment to quantum computing by investing in ColibriTD, a pioneering quantum technology company, aiming to integrate ColibriTD&#8217;s Quantum-as-a-Service (QaaS) platform into its Quantum Roadmap.<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">\n          <strong>Scaled Up Global Footprint <\/strong>\n        <\/li>\n<\/ul>\n<p align=\"justify\">WISeKey continues to strategically expand its global presence, secure key partnerships with renowned distributors and sales representatives in crucial markets. These alliances have strengthened WISeKey\u2019s market position while fueling growth by leveraging each partner&#8217;s expertise and established networks.<\/p>\n<p><strong>KEY DEVELOPMENTS BY SUBSIDIARY<\/strong><\/p>\n<p align=\"justify\">\n        <strong>SEALSQ: Leadership in IoT and Post-Quantum Cryptography Era <\/strong>\n      <\/p>\n<p align=\"justify\">SEALSQ advanced the Company\u2019s mission to secure the connected world by focusing on post-quantum cryptography (PQC) and IoT security. Through its QUASAR platform, SEALSQ developed quantum-resistant technologies to protect data against future quantum threats, aligning with global standards like those from NIST. SEALSQ\u2019s future strategy is built around four key priorities:<\/p>\n<p align=\"justify\">1. Commercial Launch of Post-Quantum Chips<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Commercial launch of two new post-quantum semiconductors, targeting IoT, PC, Tablets, and various industrial applications including medical, military and automotive sectors.<\/li>\n<li style=\"text-align:justify\">Expansion of chip fabrication partnerships to increase output for enterprise and government security solutions.<\/li>\n<li style=\"text-align:justify\">SEALSQ has set an ambitious five-year target to capture 20% of the Trusted Platform Module (TPM) market, a goal supported by strong market engagement. By the end of 2024, SEALSQ had secured over 60 qualified leads and one Design-IN for its TPM products, which are slated for commercial launch in\u00a02025.<\/li>\n<li style=\"text-align:justify\">Developing Quantum resistant ASIC (custom design secure chips) for specific large client needs. <\/li>\n<\/ul>\n<p align=\"justify\">2. Executing Targeted Acquisitions, Investments and Joint Ventures<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Advanced and exclusive negotiations to acquire 100% of IC\u2019ALPS; expected to be finalized in 2025.<\/li>\n<li style=\"text-align:justify\">As part of its global expansion strategy, SEALSQ is in final stage negotiations with Spanish authorities to establish an Outsourced Semiconductor Personalization and Test Center (OSPTC) in Spain. SEALSQ is exploring the development of similar OSPTCs in India, the United States, and the Middle East and Africa (MEA).<\/li>\n<li style=\"text-align:justify\">Planned continuing investment in startups engaged in quantum computing and AI initiatives as part of the SEALQUANTUM Initiative.\n<\/li>\n<\/ul>\n<p align=\"justify\">3. R&amp;D and Strategic Investments in Post-Quantum Security<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">SEALSQ is investing in the final development, qualification, certification (Common Criteria EAL5+ and FIPS 140-3 Level 3) process and the Industrialization (Wafer Test, Final Test, Packaging, Key Injection) of its Quantum-Resistant TPM 2.0 chip with a commercial launch target date set for Q4 2025. We are in discussions with over 60 interested potential customers, including major electronics manufacturers. <\/li>\n<li style=\"text-align:justify\">Scaling the first TPM PQC chip in broader ASIC offer for addressing the Medical, Defense, and IoT market segments. <\/li>\n<li>First deployment of SEALSQ\u2019s Quantum Resistant IoT chips on the WISeSat picosatellite constellation, enhancing secure connectivity in remote regions.\n<\/li>\n<\/ul>\n<p align=\"justify\">4. Expanding Trust Services<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Scaling managed PKI solutions for Matter IoT and enterprise security.<\/li>\n<li style=\"text-align:justify\">Expanding SSL\/TLS and GSMA certificate offerings to reinforce global digital trust ecosystems.<\/li>\n<li style=\"text-align:justify\">Pushing adoption of INeS PKI Post quantum Cryptography latest features.\n<\/li>\n<\/ul>\n<p>\n        <strong>WISeSat: Expanding Secure Space Capabilities<\/strong>\n      <\/p>\n<p>WISeKey advanced its WISeSat.Space project, deploying low-earth-orbit picosatellites to provide secure IoT connectivity for remote applications. The Company continued to invest in this innovative satellite network, aiming to enhance global coverage for IoT ecosystems. With further deployments planned for 2025, WISeSat.Space is poised to address growing market demand for secure, satellite-based communication solutions, supporting critical infrastructure and underserved regions.<\/p>\n<p>\n        <em>Strategic Partnership with Swiss Armed Forces in the Space Sector <\/em><br \/>\n        <br \/>In 2024, the WISeSat.Space division not only reinforced its strategic partnership with the Swiss Armed Forces in the space sector through the initiation of new projects, but it also formalized agreements with RUAG, the strategic integrator for the Swiss Armed Forces, for a national defence project focused on device-to-device communications. <\/p>\n<p>\n        <em>European Low Earth Orbit Satellite Constellation<\/em><br \/>\n        <br \/>To date, WISeSat.Space has launched 17 mini-satellites with Space X into orbit through a strategic investment and partnership with FOSSA Systems, aimed at expanding its portfolio of space technology assets. Over the next 36 months, WISeSat.Space plans to deploy 88 next-generation satellites, following the January 2025 launch from California, which should significantly enhance global IoT connectivity and environmental monitoring capabilities, supporting applications such as climate change analysis, disaster response, and precision agriculture.<\/p>\n<p>\n        <em>Pioneering Blockchain and Cryptocurrency Transactions from Space<\/em><br \/>\n        <br \/>In 2024, we took steps to launch a groundbreaking mission that harnesses WISeKey\u2019s advanced security solutions in conjunction with the Hedera network to pioneer the exchange of SEALCOIN from space. Successfully tested in Q1 2025, this initiative marked the first-ever demonstration of secure digital cryptocurrency transactions conducted from orbit and established a proof-of-concept redefining boundaries of blockchain integration, a new era of space-based digital economies. Through this innovative endeavour, we reaffirmed our commitment to leading the development of digital currencies in an expanding technological landscape.<\/p>\n<p>\n        <strong>Blockchain Ecosystem: SEALCOIN and WISe.ART<\/strong>\n      <\/p>\n<p>SEALCOIN, WISeKey\u2019s transactional IoT platform, made significant progress toward deploying decentralized digital identity solutions, leveraging blockchain to enable secure Web 3.0 transactions using our WISelD platform to incorporate Distributed Identity capabilities. With a development timeline set for key milestones in 2025, SEALCOIN aims to deliver scalable solutions for secure, trust-based interactions across digital networks, enhancing user control over identity and data.<\/p>\n<p>WISe.ART advanced its blockchain-based ecosystem for digital art and NFTs, integrating Web 3.0 technologies to ensure secure authentication and tokenization, capitalizing on the digital collectibles market. The WISe.ART platform has been developed to serve galleries, museums, and collectors, backed by WISeKey\u2019s root-of-trust and blockchain compatible certificates of authenticity.<\/p>\n<p>\n        <strong>WISeID: Empowering Private Digital Identity<\/strong>\n      <\/p>\n<p>WISeID, WISeKey\u2019s flagship digital identity platform, introduced biometric authentication, self-sovereign identity (SSI), and post-quantum cryptographic protocols, making it one of the world\u2019s most secure digital identity systems.<\/p>\n<p>Complementing this, during 2024 WISeKey announced the ongoing development and planned launch of the SEALPhone, an ultra-secure smartphone designed with a privacy-by-design architecture. Currently in testing mode with several strategic clients, SEALPhone integrates WISeID and SEALCOIN, enabling secure communication, identity protection, and digital asset storage on a single hardware platform.<\/p>\n<p>\n        <strong>FILING OF 2024 ANNUAL REPORT ON FORM 20-F<\/strong>\n      <\/p>\n<p>WISeKey filed its Condensed Consolidated Financial Statements in the Form 20-F for the full year period ended December 31, 2024, with the U.S. Securities and Exchange Commission on April 17, 2025. The Form 20-F can be accessed by visiting the Company\u2019s website at www.wisekey.com.<br \/>In addition, the Company&#8217;s stockholders may receive a hard copy of the Form 20-F, which includes complete audited financial statements, free of charge by contacting its Investor Relations Representative at lcati@equityny.com or +1 212 836-9611.<\/p>\n<p align=\"justify\">\n        <strong>CONFERENCE CALL<\/strong>\n      <\/p>\n<p align=\"justify\">The Company will host a conference call to review its results on Tuesday, April 22, 2025, at 10:00 am ET (4:00 pm CET). To join, please use the following dial-in numbers:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Toll-Free Dial-In Number: 877-445-9755 <\/li>\n<li style=\"text-align:justify\">International Dial-In Number: 201-493-6744 <\/li>\n<\/ul>\n<p align=\"justify\">The webcast of the call can be accessed through the Investor Relations section of WISeKey\u2019s website at www.wisekey.com. An archived version of the call will also be made available.<\/p>\n<p align=\"justify\">\n        <strong>ADDITIONAL FINANCIAL &amp; OPERATIONAL DATA <\/strong>\n      <\/p>\n<p>\n        <strong>Consolidated Statements of Comprehensive Income\/(Loss) [as reported]<\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:481.6pt;border-collapse:collapse\">\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"6\" style=\"width:283.14px;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>12 months ended December 31,<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>USD&#8217;000<\/strong><br \/>\n            <strong>, except earnings per share<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>2024<\/strong>\n          <\/td>\n<td style=\"width:28.27px;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>2023<\/strong>\n          <\/td>\n<td style=\"width:17.74px;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>2022<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Net sales<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">11,875<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">30,918<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">23,814<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Cost of sales<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(7,104)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(15,754)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(13,588)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Depreciation of production assets<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(478)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(420)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(132)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Gross profit<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>4,293<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>14,744<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>10,094<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Other operating income<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">184<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">167<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,073<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Research &amp; development expenses<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(7,026)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(4,398)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,862)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Selling &amp; marketing expenses<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(8,550)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(6,523)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(7,275)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">General &amp; administrative expenses<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(16,324)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(17,290)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(11,466)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Total operating expenses<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(31,716)<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(28,044)<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(20,530)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Operating loss<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(27,423)<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(13,300)<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(10,436)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Non-operating income<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,629<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,374<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,937<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Debt conversion expense<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(32)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(562)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(827)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Interest and amortization of debt discount<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,013)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(624)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(168)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Non-operating expenses<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(2,018)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,107)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(5,551)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Loss before income tax expense<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(28,857)<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(15,219)<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(13,045)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Income tax income \/ (expense)<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,086)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(230)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">3,238 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Loss from continuing operations, net<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(31,943)<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(15,449)<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(9,807)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Discontinued operations:<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Net sales from discontinued operations<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,805<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Cost of sales from discontinued operations<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(978)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Total operating and non-operating expenses from discontinued operations<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(5,274)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Income tax recovery from discontinued operations<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">25<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Loss on disposal of a business, net of tax on disposal<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(15,026)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Income \/ (loss) on discontinued operations<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>&#8211;<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>&#8211;<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>(19,448)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\"> \u00a0<\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Net loss<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(31,943)<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(15,449)<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(29,255)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;border-top: double black 3pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">Net loss attributable to noncontrolling interests<\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(18,497)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(89)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(1,780)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\n            <strong>Net loss attributable to WISeKey International <\/strong><br \/>\n            <br \/>\n            <strong>Holding Ltd<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"width:98.34px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(13,446)<\/strong>\n          <\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(15,360)<\/strong>\n          <\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(27,475)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:359px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:98.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:69.4px;border-top: double black 3pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">\n            <strong><br \/>\n              <u>Earnings per Class A Share (USD)<\/u><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"width:61.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">\n            <strong>Earnings per Class A Share from continuing operations<\/strong>\n          <\/td>\n<td style=\"width:61.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">Basic<\/td>\n<td style=\"width:61.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.92)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.50)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.44)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">Diluted<\/td>\n<td style=\"width:61.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.92)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.50)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.44)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">\n            <strong>Earnings per Class A Share from discontinued operations<\/strong>\n          <\/td>\n<td style=\"width:61.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">Basic<\/td>\n<td style=\"width:61.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.87)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">Diluted<\/td>\n<td style=\"width:61.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.87)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:61.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">\n            <strong>Earning per Class A Share attributable to WISeKey International Holding Ltd<\/strong>\n          <\/td>\n<td style=\"width:61.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">Basic<\/td>\n<td style=\"width:61.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.39)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.51)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(1.22)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">Diluted<\/td>\n<td style=\"width:61.34px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.39)<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.51)<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;text-align: right;vertical-align: middle;vertical-align: bottom\">(1.22)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:396px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:61.34px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:28.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:17.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:69.4px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:481.5pt;border-collapse:collapse\">\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong><br \/>\n              <u>Earnings per Class B Share (USD)<\/u><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Earnings per Class B Share from continuing operations<\/strong>\n          <\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Basic<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(9.17)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(5.01)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(4.36)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Diluted<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(9.17)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(5.01)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(4.36)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Earnings per Class B Share from discontinued operations<\/strong>\n          <\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Basic<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(8.65)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Diluted<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(8.65)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Earning per Class B Share attributable to WISeKey International Holding Ltd<\/strong>\n          <\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Basic<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(3.86)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(5.06)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(12.22)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Diluted<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(3.86)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(5.06)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(12.22)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Other comprehensive income \/ (loss), net of tax:<\/strong>\n          <\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Foreign currency translation adjustments<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">287<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(842)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,434)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Reclassifications out of the OCI arising during period<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,156 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Defined benefit pension plans:<\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\"> Net gain (loss) arising during period<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,206)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,151)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,934<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Other comprehensive income \/ (loss)<\/strong>\n          <\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(919)<\/strong>\n          <\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(1,993)<\/strong>\n          <\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>2,656 <\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Comprehensive income \/ (loss)<\/strong>\n          <\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(32,862)<\/strong>\n          <\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(17,442)<\/strong>\n          <\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(26,599)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;border-top: double black 3pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Other comprehensive income \/ (loss) attributable to noncontrolling interests<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(28)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(99)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(964)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Other comprehensive income \/ (loss) attributable to WISeKey International Holding Ltd<\/strong>\n          <\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(891)<\/strong>\n          <\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>(1,894)<\/strong>\n          <\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>3,620<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:87.27px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;border-top: double black 3pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">Comprehensive income \/ (loss) attributable to noncontrolling interests<\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;vertical-align: bottom\">(18,525)<\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(188)<\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">(2,744)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:375.8px;vertical-align: bottom\">\n            <strong>Comprehensive income \/ (loss) attributable <\/strong><br \/>\n            <br \/>\n            <strong>to WISeKey International Holding Ltd<\/strong>\n          <\/td>\n<td style=\"width:87.27px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(14,337)<\/strong>\n          <\/td>\n<td style=\"width:19.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:74.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(17,254)<\/strong>\n          <\/td>\n<td style=\"width:19.47px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:64.94px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>(23,855)<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        <em>The notes are an integral part of our consolidated financial statements.<\/em>\n      <\/p>\n<p>\n        <strong>Consolidated Balance Sheets [as reported]<\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:468pt;border-collapse:collapse\">\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>As at December 31,<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">\n            <strong>As at December 31,<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>USD&#8217;000<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>2024<\/strong>\n          <\/td>\n<td style=\"width:20.74px;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>2023<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>ASSETS<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Current assets<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Cash and cash equivalents<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">90,600<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">15,311<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Accounts receivable, net of allowance for credit losses<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">4,285<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">5,471<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Notes receivable, current<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">13<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">63<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Inventories<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,418<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">5,230<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Prepaid expenses<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,364<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,290<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Government assistance<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,247<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,718<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Other current assets<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">573<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">1,008<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Total current assets<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>100,500<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>30,091<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Noncurrent assets<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Notes receivable, noncurrent<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">32<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Deferred income tax assets<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,077<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Deferred tax credits<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">250<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">15<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Property, plant and equipment net of accumulated depreciation<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,275<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,392<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Intangible assets, net of accumulated amortization<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">96 <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">96 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Operating lease right-of-use assets<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,502<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">2,052<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Goodwill<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">8,317<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">8,317<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Equity securities, at cost<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">455<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">486<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Other noncurrent assets<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">261<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">275<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Total noncurrent assets<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>14,188<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>17,710<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>TOTAL ASSETS<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>114,688<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>47,801<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;border-top: double black 3pt;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>LIABILITIES<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Current Liabilities<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Accounts payable<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">13,496<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">12,863<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Notes payable<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">5,900<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">4,085<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Indebtedness to related parties, current<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">78<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">79<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Convertible note payable, current<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">9<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">190<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Deferred revenue, current<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">93<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">217<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Current portion of obligations under operating lease liabilities<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">607<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">638<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Income tax payable<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">2<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">4<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Other current liabilities<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,135<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">832<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Total current liabilities<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>21,320<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>18,908<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Noncurrent liabilities<\/strong>\n          <\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Bonds, mortgages and other long-term debt<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">102<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,820<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Convertible note payable, noncurrent<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,519<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Deferred revenue, noncurrent<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">21<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">24<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Indebtedness to related parties, noncurrent<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,387<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Operating lease liabilities, noncurrent<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">853<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">1,443<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Employee benefit plan obligation<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,877<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,001<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">Other noncurrent liabilities<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;vertical-align: bottom\">4<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>Total noncurrent liabilities<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>6,244<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>7,809<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.67px;vertical-align: bottom\">\n            <strong>TOTAL LIABILITIES<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>27,564<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.8px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>26,717<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:467.8pt;border-collapse:collapse\">\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\n            <strong>Commitments and contingent liabilities<\/strong>\n          <\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\n            <strong>SHAREHOLDERS&#8217; EQUITY<\/strong>\n          <\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Common stock &#8211; Class A<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">16<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">400<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Par value \u2013 CHF 0.01 and CHF 0.25 <\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0 <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0 <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\"> Authorized &#8211; 2,000,880 and 2,000,880 shares<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\"> Issued and outstanding &#8211; 1,600,880 and 1,600,880 shares<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Common stock &#8211; Class B<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">359<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">8,170<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\"> Par value \u2013 CHF 0.10 and CHF 2.50 <\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\"> Authorized &#8211; 6,194,267 and 6,194,267<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\"> Issued &#8211; 3,365,560 and 3,076,150<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\"> Outstanding &#8211; 3,309,052 and 2,954,097<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Share subscription in progress<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">1<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">&#8211;<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Treasury stock, at cost (56,508 and 122,053 shares held)<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(502)<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(691)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Additional paid-in capital<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">316,431<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">289,448<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Accumulated other comprehensive income \/ (loss)<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">3,150<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">4,041<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Accumulated deficit<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(294,407)<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">(280,961)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\n            <strong>Total shareholders&#8217; equity attributable to WISeKey shareholders<\/strong>\n          <\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>25,048<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;vertical-align: bottom\">\n            <strong>20,407<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">Noncontrolling interests in consolidated subsidiaries<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">62,076<\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;vertical-align: bottom\">677<\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\n            <strong>Total shareholders&#8217; equity <\/strong>\n          <\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>87,124<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">\n            <strong>21,084<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:353.54px;vertical-align: bottom\">\n            <strong>TOTAL LIABILITIES AND EQUITY <\/strong>\n          <\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>114,688<\/strong>\n          <\/td>\n<td style=\"width:20.74px;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td style=\"width:124.74px;text-align: right;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>47,801<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        <em>The notes are an integral part of our consolidated financial statements.<\/em>\n      <\/p>\n<p>\n        <em>Our Chief Executive Officer and Chief Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures as of the end of the period covered by the 2024 annual report, identified a material weakness in our internal control over financial reporting relating to an ineffective review control that was identified by the auditor.\u00a0 As a result, an adjustment was made to the additional paid-in capital and noncontrolling interest in the equity accounts by the Company prior to the issuance of the financial statements ended December 31, 2024, which did not impact upon the total equity. See Note 3 to the consolidated financial statements. <\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>About WISeKey<\/strong><br \/>\n        <br \/>WISeKey International Holding Ltd (\u201cWISeKey\u201d, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.<\/p>\n<p>Each subsidiary contributes to WISeKey\u2019s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company\u2019s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE\/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey\u2019s strategic direction and its subsidiary companies, please visit www.wisekey.com.<\/p>\n<p align=\"justify\">\n        <strong>Disclaimer<\/strong><\/p>\n<p>        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts and can be identified by forward-looking words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccould,\u201d \u201ccontinue,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill\u201d and \u201cwould\u201d or similar words. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include WISeKey\u2019s ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the post-quantum cryptography market; the adoption by developers and customers of quantum computing; the successful launch our post-quantum chips; our ability to sell post-quantum cryptography products to consumers; our ability to develop NIST-approved algorithms for our post-quantum semiconductor technologies; our ability to expand our chip personalization services; our ability to derive consolidated revenue from our planned investments; growth in our cybersecurity certificate and managed PKI services and acquisitions; our ability to expand our Semiconductor personalization and design facilities and semiconductor production; our ability to grow our U.S., Middle East and Asia-Pacific market presence; our ability to expand our Trust services; our development and tokenization of WISe.ART; our expansion of the WISeSat.Space project and the deployment of our next generation satellites; our proposed expansion into EMEA, North America and Asia; the deployment and commercialization of SEALCOIN and TIoT; the ongoing development and adopted of WISeID; and the risks discussed in WISeKey\u2019s filings with the SEC. Risks and uncertainties are further described in reports filed by WISeKey with the SEC.<\/p>\n<p align=\"justify\">This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (\u201cFinSA\u201d), the FinSa&#8217;s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.<\/p>\n<p><strong>Press and Investor <\/strong><strong>Contacts<\/strong><\/p>\n<table style=\"border-collapse: collapse;border-collapse:collapse\">\n<tr>\n<td style=\"width:269.67px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">\n            <strong>WISeKey International Holding Ltd<\/strong><br \/>\n            <br \/>Company Contact:\u00a0 Carlos Moreira<br \/>Chairman &amp; CEO<br \/>Tel: +41 22 594 3000<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=b-SqNuTxvhD9S_PIJ64nkBFgoJwPUAh21DNyJsc6EyPbEqg1G2r_p3AlfPSrfbD7YnN2UGfUlP9tqfeT-BMoyynTPX3DVxLtfDD2JsUUaZTdmnKZ9CvTqO85DL2k6TqxMa1uqjW4hbIz3GluPxnvWA6ko4tQSP5ifeUi_iBHCTReAGBWsrZZrROeCdKh0H5uYqjJdmpA8UlCgFxJGvSoRUiv7iWXyc94-csp78OZKvaUIM9LnlG6ZpRB0hrG68d9SIbCnek2DejAJYgiskivE8eJyMrcye9OzbqvfMno4QkQTyaHBmyM0j58UH40_IWMCF7V07iXGNNRlRFEYyVll0B0drsVGCTymmvwT25Z4hPszP8HJ0w5jH9DXYO6odpNH_rNkLvJ4FAPXR78TKgCbYKrTdwAf7tGA25MJoRwpM_6y05sfoymt66PRvj7CoPTGVwSv-PJ8Cwqt3Nz2ZZd5pz3BSNs83lKeXmsLTF3xbG4FoIZ1lLu6XP4MY1ljry_IUoWIjlw16opDzfFSaaSrkDv8o9krvLbS_N1Dbas7VYh4qf-0FveGJqASwDD-okJjMhmjHQtoGg1CQznq3kcQcJ26Ps5cE-X6WYd_mSBNG1kgNrSW0D5IHGqy4ptDS7USYNdbCW_vflqlkNlbknBTCGo4PrKWXxr_0g97ChIBvHFydHDmOx7TMM5bNBsAYqZ\" rel=\"nofollow\" target=\"_blank\">info@wisekey.com<\/a>\u00a0<\/td>\n<td style=\"width:384px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">\n            <strong>WISeKey Investor Relations (US)\u00a0<\/strong><br \/>\n            <br \/>The Equity Group Inc.<br \/>Lena Cati<br \/>Tel: +1 212 836-9611 <br \/>lcati@equityny.com<\/p>\n<p> \u00a0<\/td>\n<\/tr>\n<\/table>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/ZGM2OTUzMzMtNzQwNS00ZDIxLWI3MGMtOTc5ZTU4MTk4NjgzLTEwMTUxNzAtMjAyNS0wNC0xNy1lbg==\/tiny\/Wisekey-International-Holding-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence Schedules Conference Call and Webcast for Tuesday, April 22 at 10:00 am ET (4:00 pm CET) Geneva, Switzerland \u2013 April 17, 2025 \u2013 Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules &#8211; WISeKey International Holding Ltd (NASDAQ: WKEY \/ SIX: WIHN) (&#8220;WISeKey&#8221; or &#8220;the Company&#8221;), a global leader in cybersecurity, digital identity, and IoT technologies, today announced its audited financial results for the year ended December 31, 2024, and shared its strategic vision for 2025, a year expected to be defined by the convergence of foundational technologies and the emergence of Sovereign AI. Carlos Moreira, Founder and CEO of WISeKey, commented: \u201c2024 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-839000","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence Schedules Conference Call and Webcast for Tuesday, April 22 at 10:00 am ET (4:00 pm CET) Geneva, Switzerland \u2013 April 17, 2025 \u2013 Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules &#8211; WISeKey International Holding Ltd (NASDAQ: WKEY \/ SIX: WIHN) (&#8220;WISeKey&#8221; or &#8220;the Company&#8221;), a global leader in cybersecurity, digital identity, and IoT technologies, today announced its audited financial results for the year ended December 31, 2024, and shared its strategic vision for 2025, a year expected to be defined by the convergence of foundational technologies and the emergence of Sovereign AI. Carlos Moreira, Founder and CEO of WISeKey, commented: \u201c2024 &hellip; Continue reading &quot;WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-17T21:28:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"18 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence\",\"datePublished\":\"2025-04-17T21:28:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/\"},\"wordCount\":3574,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/\",\"name\":\"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==\",\"datePublished\":\"2025-04-17T21:28:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/","og_locale":"en_US","og_type":"article","og_title":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence - Market Newsdesk","og_description":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence Schedules Conference Call and Webcast for Tuesday, April 22 at 10:00 am ET (4:00 pm CET) Geneva, Switzerland \u2013 April 17, 2025 \u2013 Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules &#8211; WISeKey International Holding Ltd (NASDAQ: WKEY \/ SIX: WIHN) (&#8220;WISeKey&#8221; or &#8220;the Company&#8221;), a global leader in cybersecurity, digital identity, and IoT technologies, today announced its audited financial results for the year ended December 31, 2024, and shared its strategic vision for 2025, a year expected to be defined by the convergence of foundational technologies and the emergence of Sovereign AI. Carlos Moreira, Founder and CEO of WISeKey, commented: \u201c2024 &hellip; Continue reading \"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-17T21:28:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"18 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence","datePublished":"2025-04-17T21:28:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/"},"wordCount":3574,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/","name":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==","datePublished":"2025-04-17T21:28:04+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw==","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTA4MTA1NiM0MDIxMTU4OTEjMjAwMzU5Nw=="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wisekey-releases-2024-audited-financial-results-and-outlines-its-2025-vision-for-post-quantum-technology-convergence\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/839000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=839000"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/839000\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=839000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=839000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=839000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}