---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-035759"
form_type: "8-K"
ticker: "SLE"
cik: "0001621672"
company_name: "Super League Enterprise, Inc."
filed_at: "2025-11-19T23:59:59+00:00"
generated_at: "2026-05-16T18:28:03.382050+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Super League Q3 revenue $2.4M, gross margin 45%; completed $20M private placement, zero debt

## Summary
- Q3 2025 revenue $2.4M; gross margin 45% (up from 39% YoY); non-cash operating expenses down 29%.
- Cash-based operating losses narrowed 23% YoY; management reiterates path to Adjusted EBITDA profitability.
- Completed $20M private placement (Evo Fund lead $10M); zero debt; strongest balance sheet in years.
- Restored full Nasdaq compliance; exploring digital asset economy strategies with Evo Fund.
- Roblox campaigns 42% of revenue (down from 57% in 2024); mobile ads 15%; brand partners include Google, Panda Express, Lionsgate.

## SEC filing metadata
- accession: 0001437749-25-035759
- form_type: 8-K
- ticker: SLE
- cik: 0001621672
- company_name: Super League Enterprise, Inc.
- filed_at: 2025-11-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/0001437749-25-035759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621672/000143774925035759/slgg20251118_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-035759
- JSON: https://secwatch.observer/filing/0001437749-25-035759.json
- Plain text: https://secwatch.observer/filing/0001437749-25-035759.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.