Super League Enterprise, Inc. Quarterly report [Sections 13 or 15(d)]

Note 5 - Debt (Tables)

9 Months Ended

Sep. 30, 2025

	YP Note		Agile I Note			Agile II Note		Belleau Note			Diagonal I			Diagonal II			RP Note
											Note			Note

Gross Proceeds	$	4,494,000	$	1,850,000		$	2,500,000	$	1,250,000		$	300,000		$	145,000		$	1,500,000
Proceeds net of original issue discount		4,000,000		-			-		-			286,000			132,000			-
Fair Value at issuance date		2,065,000		2,132,000			3,205,000		1,019,000			247,000			123,000			1,343,000
Fair Value allocated to YP Warrant liability		1,935,000		-			-		-			-			-			-
Difference between proceeds and fair value at issuance⁽²⁾		N/A		282,000			705,000		(231,000	)		(39,000	)		(9,000	)		(157,000	)
Note balance – December 31, 2024		-		1,454,000			-		-			-			-			1,500,000
Fair value – December 31, 2024		-		1,679,000			-		-			-			-			1,438,000
Note balance – September 30, 2025		4,494,000		-			-		1,000,000			53,000			145,000			-
Fair value – September 30, 2025		2,041,000		-			-		1,074,000			64,000			125,000			-
Interest paid during the three months ended September 30, 2025		-		-			426,000		-			-			-			-
Interest paid during the nine months ended September 30, 2025		-		563,000			656,000		-			-			-			-
Change in fair value - three months ended September 30, 2025⁽²⁾		24,000		-			-		312,000			40,000			11,000			-
Change in fair value - nine months ended September 30, 2025⁽²⁾		24,000		(178,000	)		67,000		305,000			64,000			3,000			35,000
Debt issue costs ⁽¹⁾		415,000		180,000			125,000		-			7,000			7,000			-
Interest Rate / Discount rate	8%/NA		42%/42%			42%/42%		20%/42%			10%/42%			10%/42%			40%/42%