Company Analysis

SEALSQ Corp (LAES)

Nasdaq: LAES · Semiconductors & Related Devices · Cointrin, CH · filing with the SEC since 2022
Grade5.0
◀ Past 5.5● Present 3.7▶ Future 6.0
2 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 31, 2026Mar 20, 2025Mar 21, 2024Jun 27, 2023··
Revenue18,252,00010,981,00030,058,00023,198,00016,995,00014,317,000
Cost of revenue9,622,0007,253,00016,009,00013,267,0009,547,0008,147,000
Gross profit8,630,0003,728,00014,049,0009,799,0007,147,0005,434,000
Research and development12,477,0004,985,0003,946,0002,308,0003,050,0004,128,000
Sales and marketing12,768,0005,453,0005,648,0003,824,0004,245,0003,103,000
General and administrative25,791,00010,840,0008,644,0003,091,0004,984,0006,788,000
Total operating expenses48,429,00020,919,00018,190,0007,216,00012,188,00014,019,000
Operating income-39,799,000-17,191,000-4,141,0002,583,000-5,041,000-8,585,000
Interest expense223,0001,003,000689,000355,000167,0008,000
Interest income (expense), net8,000-553,000-298,000···
Share of profit of equity-method investments-148,000·····
Income before income taxes-34,208,000-18,116,000-3,043,0002,525,000-4,821,000-9,196,000
Income tax expense-162,0003,085,000225,000-3,245,0006,0005,000
Net income-34,194,000-21,201,000-3,268,0005,770,000-4,827,000-9,201,000
Net income to common shareholders-34,194,000-21,201,000-3,268,0005,770,000-4,827,000-9,201,000
Earnings per share, basic·-0.60-0.210.41r-0.34r-7.09
Earnings per share, diluted·-0.60-0.210.41r-0.34r-7.09
Weighted average shares, basic·27,749,5907,799,7666,610,293r6,610,293r1,298,162
Weighted average shares, diluted·27,749,5907,799,7666,610,293r6,610,293r1,298,162
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton LAES · research, not advice