LAES
SEALSQ Corp
SEALSQ Corp (LAES) files with the SEC as an information technology company. Its most recent balance sheet puts total assets at $504M, against $43M of liabilities and $462M of equity, as at 2025-12-31. That balance sheet grew 255.0% against 2025-06-30, when total assets were $142M. Liabilities account for 8.5% of the balance sheet and equity 91.5%, about $0.09 of liabilities for every dollar of equity. The largest single line on the asset side is Cash at $418M, 82.8% of total assets, followed by Intangibles at $21M. Its largest single liability is Accounts payable at $17M, 3.3% of the balance sheet. By total assets it is the 472nd largest of the 979 information technology companies covered here. The figures come from a filing filed on 2026-03-31. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.
What it owns, and who has a claim on it
Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.
| Cash | $418M83% |
|---|---|
| Receivables | $13M3% |
| Inventory | $2M0% |
| Property & equipment | $4M1% |
| Goodwill | $6M1% |
| Intangibles | $21M4% |
| Other assets | $41M8% |
| Accounts payable | $17M3% |
|---|---|
| Long-term debt | $989K0% |
| Other liabilities | $25M5% |
| Shareholders' equity | $462M92% |
Most of what LAES owns is financial — cash and money owed to it account for 85% of total assets.
It is mostly owner-funded: equity is 92% of the balance sheet, borrowings and other claims the rest.
Where the money goes
Every dollar of revenue over the year ended 2025-12-31, and what is left after each cost comes out.
| Cost of salesWhat it costs to make or buy what it sells · computed as a remainder | $10M53% |
|---|---|
| Operating costsRunning the business: staff, marketing, admin · computed as a remainder | $48M265% |
LAES spent more than it took in: revenue of $18 million against a loss of $34 million.
The largest single outflow is operating costs, at 265% of revenue.
The size of it
Its annual sales sit just below Fiji.
Company figure: year ended 2025-12-31. GDP: World Bank, GDP (current US$), indicator NY.GDP.MKTP.CD, 2024.
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Learn more
- Understanding the Accounting Identity — Why Assets = Liabilities + Equity works as a test on data you did not produce, and what it means when a filing does not balance.
- Why SEC XBRL Data Is Wrong 1 Out of 5 Times (And How to Fix It) — How the figure on this page was chosen out of the twenty-odd tags the filer published for it.
Every figure here is also available as JSON — the API reference and what it costs.
Related companies
The nearest in size that file in the same sector, each drawn to the same scale.