(Mark One) OR SUPER LEAGUE ENTERPRISE, INC. (Exact name of small business issuer as specified in its charter) Delaware(State or other jurisdiction of incorporation ororganization) 2450 Colorado Ave., Suite 100ESanta Monica, California 90404(Address of principal executive offices) Company: (213) 421-1920; Investor Relations: 203-741-8811(Issuer’s telephone number) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such Indicate by check mark whether the registrant has submitted electronically on its corporate web site, if any, every Interactive DataFile required to be submitted pursuant to Rule 405 of Regulation S-T (Sec.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller Accelerated filer☐Smaller reporting company☒Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ Securities registered pursuant to Section 12(b) of the Act: As of May 11, 2026, there were 1,502,712shares of the registrant’s common stock, $0.001 par value, issued and outstanding. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1. Condensed Consolidated Financial Statements1 PART I SUPER LEAGUE ENTERPRISE, INC.CONDENSED STATEMENTS OF CASH FLOWS SUPER LEAGUE ENTERPRISE, INC.NOTES TO CONDENSED FINANCIAL STATEMENTS 1.DESCRIPTION OF BUSINESS Super League Enterprise Inc. (“Super League” or the “Company”) (Nasdaq: SLE) connects brands with the3.5billion-personglobal gaming populationthrough advertising and branded content programs across gaming and digital media platforms. TheCompany generates revenue by executing these programs through proprietary interactive formats, creator content, immersiveexperiences, data-driven insights, and strategic campaign services to improve marketing performance. By translating player Super League was incorporated on October 1, 2014 as Nth Games, Inc. under the laws of the State of Delaware and changed itsname to Super League Gaming, Inc. on June 15, 2015, and to Super League Enterprise, Inc. on September 11, 2023. Reverse Split. On January 16, 2026, the Companyfiled an amendment (the “2026 Amendment”) to the Company’s Third Amendedand Restated Certificate of Incorporation, to effect a reverse stock split of the Company’s issued and outstanding shares of commonstock, par value $0.001 per share at a ratio of 1-for-12 (the “2026 Reverse Split”). The 2026 Amendment became effective onJanuary 23, 2026. As a result of the 2026 Reverse Split, every 12 shares of the Company’s issued and outstanding common stock As a result of the 2026 Reverse Split, all references to common stock, warrants to purchase common stock and other rights, optionsto purchase common stock, restricted stock, share data, per share data and related information contained in the financial statements References to “financial statements,” “balance sheets,” “statements of comprehensive income (loss),” “statements of cash flows,”and “statements of stockholders’ equity,” refer to the “consolidated financial statements,” “consolidated balance sheets,”“consolidated statements of comprehensive income (loss),” “consolidated statements of cash flows” and “consolidated statementsof stockholders’ equity,” respectively, of the Company, including the accounts of the Company and its wholly owned subsidiaries, All references to “common stock” refer to the Company’s common stock, par value $0.001 per share. All references to “Note,” followed by a number reference, refer to the applicable corresponding numbered footnotes to thesefinancial statements. In October 2025, the Company entered into Securities Purchase Agreements (the “PIPE Purchase Agreement”) with certainaccredited investors (the “Purchasers”), relating to the Company’s offering of an aggregate of (a) 332,084 shares (the “PIPEShares”) of the Company’s common stock, at a price per share equal to $12.00 and (b) Pre-Funded Warrants to purchase 1,334,584shares of common stock (the “PIPE Pre-Funded Warrants”) at a price per PIPE Pre-Funded Warrant equal to same price as that forPIPE Shares minus $0.00001, and the remaining exercise price of each PIPE Pre-Funded Warrant will equal $0.00001 per shar