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)

3 Months Ended

Mar. 31, 2024

Schedule of Stock by Class [Table Text Block]

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

November 30, 2023	Series AAA	$	1.674		5,377	$	5,377,000	$	645,000	$	4,732,000		3,212,000		466,000
December 22, 2023	Series AAA-2	$	1.71		2,978		2,978,000		357,000		2,621,000		1,742,000		253,000
Total					8,355	$	8,355,000	$	1,002,000	$	7,353,000		4,954,000		719,000

Series Designation	Conversion Price		Issued		Conversions Year Ended December 31, 2023			Outstanding as of December 31, 2023		Conversions Three Months Ended March 31, 2024			Outstanding as of March 31, 2024
Sales:
Series AAA	$	1.674		5,377		-			5,377		-			5,377
Series AAA-2	$	1.71		2,978		-			2,978		-			2,978
Subtotal				8,355		-			8,355					8,355

Exchanges:
Series AAA	$	1.674		4,011		(125	)		3,886		(840	)		3,046
Series AAA-2	$	1.71		2,356		(100	)		2,256		-			2,256
Subtotal				6,367		(225	)		6,142		(840	)		5,302
Total				14,722		(225	)		14,497		(840	)		13,657

Series Designation	Conversion Price		Original Conversion Shares		Conversions Year Ended December 31, 2023			Conversion Shares As of December 31, 2023		Conversions Three Months Ended March 31, 2024			Conversion Shares As of March 31, 2024
Sales:
Series AAA	$	1.674		3,212,000		-			3,212,000		-			3,212,000
Series AAA-2	$	1.71		1,742,000		-			1,742,000		-			1,742,000
Subtotal				4,954,000					4,954,000					4,954,000

Exchanges:
Series AAA	$	1.674		2,396,000		(75,000	)		2,321,000		(502,000	)		1,819,000
Series AAA-2	$	1.71		1,378,000		(58,000	)		1,320,000		-			1,320,000
Subtotal				3,774,000		(133,000	)		3,641,000		(502,000	)		3,139,000
Total				8,728,000		(133,000	)		8,595,000		(502,000	)		8,093,000

Date	Series Design- ation	Original 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		478,000		52,000		7,000
Total					11,781	$	11,781,000	$	1,434,000	$	10,347,000		1,229,000		165,000

Series Designation	Conversion Price As Adjusted⁽¹⁾		Issued		Converted / Exchanged - Year Ended December 31, 2023			Outstanding as of December 31, 2023		Conversions - Three Months Ended March 31, 2024			Outstanding as of March 31, 2024

Series AA	$	1.89		7,680		(2,926	)		4,754		(263	)		4,491
Series AA-2	$	2.09		1,500		(1,500	)		-		-			-
Series AA-3	$	1.90		1,025		(634	)		391		-			391
Series AA-4	$	1.86		1,026		(511	)		515		-			515
Series AA-5	$	2.12		550		-			550		-			550
Total				11,781		(5,571	)		6,210		(263	)		5,947

Series Designation	Conversion Price As Adjusted		Issued		Converted / Exchanged - Year Ended December 31, 2023			Additional Conversion Shares - Adjusted Conversion Price⁽¹⁾		Conversion Shares As of December 31, 2023		Conversions - Three Months Ended March 31, 2024			Conversion Shares As of March 31, 2024

Series AA	$	1.89		814,000		(1,336,000	)		3,043,000		2,521,000		(139,000	)	2,382,000
Series AA-2	$	2.09		144,000		(274,000	)		130,000		-		-		-
Series AA-3	$	1.90		108,000		(334,000	)		432,000		206,000		-		206,000
Series AA-4	$	1.86		109,000		(275,000	)		443,000		277,000		-		277,000
Series AA-5	$	2.12		58,000		-			201,000		259,000		-		259,000
Total				1,233,000		(2,219,000	)		4,249,000		3,263,000		(139,000	)	3,124,000

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					12,622	$	12,622,000	$	1,696,000	$	10,926,000		1,120,000		160,000

Series Designation	Conversion Price		Issued		Converted / Exchanged - Year Ended December 31, 2023			Outstanding as of December 31, 2023		Conversions - Three Months Ended March 31, 2024			Outstanding as of March 31, 2024

Series A	$	12.40		5,359		(4,551	)		808		(368	)		440
Series A-2	$	13.29		1,297		(834	)		463		-			463
Series A-3	$	13.41		1,733		(1,418	)		315		-			315
Series A-4	$	7.60		1,934		(1,383	)		551		(75	)		476
Series A-5	$	11.09		2,299		(1,487	)		812		(32	)		780
Total				12,622		(9,673	)		2,949		(475	)		2,474

Series Designation	Conversion Price		Issued		Converted / Exchanged - Year Ended December 31, 2023			Conversion Shares as of December 31, 2023		Conversions - Three Months Ended March 31, 2024			Conversion Shares as of March 31, 2024

Series A	$	12.40		432,000		(367,000	)		65,000		(30,000	)		35,000
Series A-2	$	13.29		98,000		(63,000	)		35,000		-			35,000
Series A-3	$	13.41		129,000		(106,000	)		23,000		-			23,000
Series A-4	$	7.60		254,000		(182,000	)		72,000		(10,000	)		62,000
Series A-5	$	11.09		207,000		(134,000	)		73,000		(3,000	)		70,000
Total				1,120,000		(852,000	)		268,000		(43,000	)		225,000

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

	Three Months Ended March 31,
	2024		2023
	(Unaudited)
Beginning balance	$	1,571	$	-
Change in fair value		761		-
Fair value of warrant liability	$	2,332	$	-

Schedule of Warrants, Valuation Assumptions [Table Text Block]

	May 26,			December 22,	December 31,			March 31,
	2023			2023	2023			2024
Expected Volatility	95%			98%	98%			98%
Risk–free interest rate	3.88%			3.87%	3.84%			4.21
Dividend yield	-%			-%	-%			-%

Expected life of options (in years)	5	-	5.19	5	4.5	-	5	4.14	-	4.72

Dividends Declared [Table Text Block]

Series Designation	Dividend Shares		Fair Value of Shares Issued ⁽¹⁾

Series A-5		2,166	$	4,000
Total		2,166	$	4,000

- 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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+ Details