Super League Enterprise, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Stockholders' Equity and Equity-linked Instruments (Tables)

Note 6 - Stockholders' Equity and Equity-linked Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Stock by Class [Table Text Block]

Date	Series Design- ation	Conversion Price – At Issuance⁽²⁾		Shares		Gross Proceeds		Fees		Net Proceeds		Conversion Shares – At Issuance		Placement Agent Warrants ⁽¹⁾

April 19, 2023	Series AA	$	9.43		7,680	$	7,680,000	$	966,000	$	6,714,000		814,000		114,000
April 20, 2023	Series AA-2	$	10.43		1,500		1,500,000		130,000		1,370,000		144,000		13,000
April 28, 2023	Series AA-3	$	9.50		1,025		1,025,000		133,000		892,000		108,000		15,000
May 5, 2023	Series AA-4	$	9.28		1,026		1,026,000		133,000		893,000		111,000		16,000
May 26, 2023	Series AA-5	$	10.60		550		550,000		72,000		479,000		52,000		7,000
Total					11,781	$	11,781,000	$	1,434,000	$	10,348,000		1,229,000		165,000

	Conversion
Series	Price As		Preferred Shares							Conversion Shares
Designation	Adjusted⁽¹⁾		Series Preferred AA							Series Preferred AA
															Additional Conversion Shares -		Adjusted
			Issued		Converted			Outstanding		Original Conversion Shares		Conversions During the Period			Adjusted Conversion Price⁽¹⁾		Conversion Shares At End of Period

Series AA	$	2.60		7,680		(1,292	)		6,388		814,000		(476,000	)		2,119,000		2,457,000
Series AA-2	$	2.60		1,500		(1,500	)		-		144,000		(288,000	)		144,000		-
Series AA-3	$	2.60		1,025		-			1,025		108,000		-			286,000		394,000
Series AA-4	$	2.60		1,026		(5	)		1,021		111,000		(2,000	)		284,000		393,000
Series AA-5	$	2.60		550		-			550		52,000		-			160,000		212,000
Total as of September 30, 2023				11,781		(2,797	)		8,984		1,229,000		(766,000	)		2,993,000		3,456,000

Date	Series Design- ation	Conversion Price		Shares		Gross Proceeds		Fees		Net Proceeds		Conversion Shares		Placement Agent Warrants ⁽¹⁾

November 22, 2022	Series A	$	12.40		5,359	$	5,359,000	$	752,000	$	4,607,000		432,000		62,000
November 28, 2022	Series A-2	$	13.29		1,297		1,297,000		169,000		1,128,000		98,000		14,000
November 30, 2022	Series A-3	$	13.41		1,733		1,733,000		225,000		1,508,000		129,000		18,000
December 22, 2022	Series A-4	$	7.60		1,934		1,934,000		251,000		1,683,000		254,000		36,000
January 31, 2023	Series A-5	$	11.09		2,299		2,299,000		299,000		2,000,000		207,000		30,000
Total – as of September 30, 2023					12,622	$	12,622,000	$	1,696,000	$	10,926,000		1,120,000		160,000

			Preferred Shares							Conversion Shares
			Series Preferred A							Series Preferred A
Series Designation	Conversion Price		Issued		Converted			Outstanding		Original Conversion Shares		Conversions During the Period			Conversion Shares At End of Period

Series A	$	0.6200		5,359		(3,126	)		2,233		432,000		(252,000	)		180,000
Series A-2	$	0.6646		1,297		(375	)		922		98,000		(28,000	)		70,000
Series A-3	$	0.6704		1,733		(1,130	)		603		129,000		(84,000	)		45,000
Series A-4	$	0.3801		1,934		(878	)		1,056		254,000		(115,000	)		139,000
Series A-5	$	0.5546		2,299		(220	)		2,079		207,000		(20,000	)		187,000
				12,622		(5,729	)		6,893		1,120,000		(499,000	)		621,000

Share-based Payment Arrangement, Warrants, Activity [Table Text Block]

	Three Months Ended September 30,					Nine Months Ended September 30,
	2023			2022		2023			2022
Beginning balance	$	1,764,000		$	-	$	-		$	-
Initial fair value of warrant liability – grant date		-			-		2,804,000			-
Change in fair value		(1,512,000	)		-		(2,552,000	)		-
Fair value of warrant liability at September 30, 2023	$	252,000		$	-	$	252,000		$	-

Schedule of Warrants, Valuation Assumptions [Table Text Block]

	May 26,				September 30,
	2023				2023
Expected Volatility			95%				95%
Risk–free interest rate			3.88%				4.60%
Dividend yield			-%				-%
Expected life of options (in years)		5.0	-	5.19		4.67	-	4.85

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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