secwatch.observer — SEC 8-K summary
======================================

Issuer:     Super League Enterprise, Inc. (SLE)
CIK:        0001621672
Form:       8-K
Filed at:   2026-08-20T21:01:37+00:00
Accession:  0001437749-26-028647
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Super League Q2 net revenue up 16% seq to $1.24M; gross margin 41%; EBITDA loss improves 20% YoY
--------------------------------------------------------------------------------

- Q2 gross revenue ~$3.0M flat YoY/seq; net revenue $1.24M +16% sequentially; gross margin 41% vs 36%.
- Adjusted EBITDA loss ~$1.7M, ~20% better YoY vs $2.1M loss; reiterates Q4 profitability target.
- Completed Misfits Ads asset acquisition May 1, 2026, integrated without increasing cost base; launched Youth and Family Marketplace.
- Cash and investments $6.7M vs $475K a year ago; redeemed all preferred stock, leaving none outstanding; no debt.
- Weighted pipeline per seller ~$2.8M as of Jul 31, +57% from $1.78M after Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621672/000143774926028647/0001437749-26-028647-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621672/000143774926028647/slgg20260818d_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-028647

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer