{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-049313","form_type":"8-K/A","ticker":null,"cik":"0001957783","company_name":"MachTen, Inc.","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.454342+00:00","generated_at":"2026-06-09T14:50:32.751848+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MachTen posts pro forma revenue of $7.9M, net income $1.5M for H1 2023 after LMT Holding contribution","bullets":["Pro forma balance sheet shows total assets $28.9M and shareholders' equity $6.9M as of June 30, 2023.","Pro forma statement of operations for six months ended June 30, 2023: revenue $7.86M, operating profit $2.62M, net income $1.53M.","LMT Holding contributed to MachTen for 3.17M shares and $15M cash dividend; MachTen drew $15M on CoBank revolver to fund dividend.","Transaction adjustments include $0.56M interest expense (7.5% rate), $44K stock compensation, and $30K for transitional services agreement.","The spin-off of 81% of MachTen common stock to LICT stockholders occurred on August 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-049313","json":"https://secwatch.observer/filing/0001140361-23-049313.json","markdown":"https://secwatch.observer/filing/0001140361-23-049313.md","text":"https://secwatch.observer/filing/0001140361-23-049313.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1957783/000114036123049313/0001140361-23-049313-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1957783/000114036123049313/ef20013101_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T14:50:32.751848+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1037202588c27e9f069992782053227626dda0b9","claim":"MachTen, Inc. completed an acquisition involving LICT Corporation (closed 2023-08-08).","evidence_excerpt":"☐ Introductory Note As previously reported, on August 31, 2023, LICT Corporation (“LICT”) distributed to the holders of its common stock, by way of a pro rata dividend (the “Distribution”), 81% of the common stock of MachTen, Inc.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1957783/000114036123049313/0001140361-23-049313-index.htm","confidence":0.85,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"LICT Corporation"},{"label":"Closing","value":"2023-08-08"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}