---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-053288"
form_type: "8-K"
ticker: null
cik: "0001957783"
company_name: "MachTen, Inc."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:13:08.798996+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MachTen Q3 net income $1.09M flat YoY; non-regulated revenue up 12%; E-ACAM support to $9.7M from 2024

## Summary
- Q3 net income $1.09M vs $1.08M prior year; total revenue $4.13M (regulated $3.08M, non-regulated $1.05M).
- Fiber subscribers increased to 900 from 753 in Q2; fiber passings ~4,200 in competitive markets.
- E-ACAM program begins Jan 2024; annual support rises to $9.7M through 2038 from current $8.7M ACAM expiring 2028.
- CFO Stephen Moore resigned; Bridget Betcher appointed CAO effective Nov 14, 2023.
- Auditor changed from BDO to FORVIS; prior material weakness in internal controls continues.

## SEC filing metadata
- accession: 0001140361-23-053288
- form_type: 8-K
- cik: 0001957783
- company_name: MachTen, Inc.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1957783/000114036123053288/0001140361-23-053288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1957783/000114036123053288/ef20014722_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-053288
- JSON: https://secwatch.observer/filing/0001140361-23-053288.json
- Plain text: https://secwatch.observer/filing/0001140361-23-053288.txt

## Key facts
- Auditor Changes
  MachTen, Inc. engaged FORVIS, LLP as its auditor.
  - Action: engagement
  - Auditor: FORVIS, LLP
  source text: the Committee appointed FORVIS as the Company’s new independent registered public accounting firm effective as of November 13, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1957783/000114036123053288/0001140361-23-053288-index.htm
- Auditor Changes
  MachTen, Inc. dismissed BDO USA, P.C. as its auditor.
  - Action: dismissal
  - Auditor: BDO USA, P.C.
  source text: On November 8, 2023, the Board of Directors of MachTen, Inc. (the “Company”) dismissed BDO USA, P.C. (“BDO”) as the Company’s independent registered public accounting firm, effective Tuesday November 14, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1957783/000114036123053288/0001140361-23-053288-index.htm
- Executive change
  Bridget Betcher was appointed as Chief Accounting Officer at MachTen, Inc..
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: appointed Bridget Betcher to the role of Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1957783/000114036123053288/0001140361-23-053288-index.htm
- Executive change
  Stephen J. Moore resigned as Interim Chief Financial Officer at MachTen, Inc..
  - Action: resigned
  - Role: Interim Chief Financial Officer
  source text: accepted the resignation of Stephen J. Moore as the Company’s Interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1957783/000114036123053288/0001140361-23-053288-index.htm

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