Super League Enterprise, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Note 6 - Debt (Tables)

12 Months Ended

Dec. 31, 2025

	YP Note		Agile I Note			Agile II Note		Belleau Note			Diagonal I Note			Diagonal II Note			RP 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 Original 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 – December 31, 2025		-		-			-		-			-			-			-
Fair value – December 31, 2025		-		-			-		-			-			-			-
Conversion to equity / payments on notes payable during the year ended December 31, 2025		4,607,000		1,898,000			2,846,000		1,306,000			320,000			157,000			1,474,000
Interest paid during the year ended December 31, 2025		-		563,000			656,000		-			-			-			-
Change in fair value - year ended December 31, 2025⁽²⁾		2,542,000		(178,000	)		67,000		56,000			72,000			25,000			35,000
Debt issue and extinguishment costs ⁽¹⁾		570,000		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%