---
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"
generated_at: "2026-06-09T14:50:32.751848+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MachTen posts pro forma revenue of $7.9M, net income $1.5M for H1 2023 after LMT Holding contribution

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-23-049313
- form_type: 8-K/A
- cik: 0001957783
- company_name: MachTen, Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-049313
- JSON: https://secwatch.observer/filing/0001140361-23-049313.json
- Plain text: https://secwatch.observer/filing/0001140361-23-049313.txt

## Key facts
- M&A Transactions
  MachTen, Inc. completed an acquisition involving LICT Corporation (closed 2023-08-08).
  - Action: acquisition
  - Counterparty: LICT Corporation
  - Closing: 2023-08-08
  source text: ☐ 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_url: https://www.sec.gov/Archives/edgar/data/1957783/000114036123049313/0001140361-23-049313-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.