Super League Enterprise, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 4 - Acquisitions (Tables)

v3.24.1.u1

Note 4 - Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable [Table Text Block]

Cash consideration			$	150,000
Equity consideration– shares of common stock		77,833
Super League closing stock price per share on the Melon Closing Date	$	9.28
Fair value of equity consideration issued	$	722,000		722,000
Fair value of contingent consideration				1,350,000
Fair value of total consideration paid			$	2,222,000

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

	Amount
Assets Acquired and Liabilities Assumed:
Accounts receivable and other assets	$	36,000
Liabilities assumed		(188,000	)
Identifiable intangible assets		510,000
Identifiable net assets acquired		358,000
Goodwill		1,864,000
Total purchase price	$	2,222,000

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

	Estimated Useful Life (in years)		Amount
Developed technology		5	$	250,000
Developer relationships		2		50,000
Customer relationships		6		190,000
Trade names / trademarks		0.5		20,000
Total intangible assets acquired			$	510,000

Business Acquisition, Pro Forma Information [Table Text Block]

	2023
Beginning balance	$	1,350,000
Change in fair value		(682,000	)
Current period accrued contingent consideration		61,000
Post closing adjustments⁽²⁾		(191,000	)
Accrued contingent consideration⁽¹⁾	$	538,000

	2023			2022

Revenue	$	25,794,000		$	22,451,000
Net Loss		(31,178,000	)		(88,463,000	)

Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]

	2023			2022
Beginning balance	$	3,206,000		$	-
Change in fair value		137,000			(174,000	)
Current period accrued contingent consideration		1,750,000			3,380,000
Contingent consideration payments⁽²⁾		(3,423,000	)		-
Accrued contingent consideration⁽¹⁾	$	1,670,000		$	3,206,000

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

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