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    <nameOfIssuer>ADVANTAGE OIL &amp; GAS LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00765F101</cusip>
    <value>1964</value>
    <shrsOrPrnAmt>
      <sshPrnamt>279357</sshPrnamt>
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    <votingAuthority>
      <Sole>279357</Sole>
      <Shared>0</Shared>
      <None>0</None>
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  <infoTable>
    <nameOfIssuer>ALCOA INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>013817101</cusip>
    <value>701</value>
    <shrsOrPrnAmt>
      <sshPrnamt>69132</sshPrnamt>
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    <votingAuthority>
      <Sole>69132</Sole>
      <Shared>0</Shared>
      <None>0</None>
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  <infoTable>
    <nameOfIssuer>APPLIED OPTOELECTRONICS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>03823U102</cusip>
    <value>2323</value>
    <shrsOrPrnAmt>
      <sshPrnamt>104578</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>104578</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ARDMORE SHIPPING CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>Y0207T100</cusip>
    <value>1890</value>
    <shrsOrPrnAmt>
      <sshPrnamt>268477</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>268477</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ARES COML REAL ESTATE CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>04013V108</cusip>
    <value>899</value>
    <shrsOrPrnAmt>
      <sshPrnamt>71365</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>71365</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>AUTOBYTEL INC</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>05275N205</cusip>
    <value>2040</value>
    <shrsOrPrnAmt>
      <sshPrnamt>114584</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>114584</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>BOSTON PRIVATE FINL HLDGS IN</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>101119105</cusip>
    <value>802</value>
    <shrsOrPrnAmt>
      <sshPrnamt>62503</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>62503</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>BUILD A BEAR WORKSHOP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>120076104</cusip>
    <value>1995</value>
    <shrsOrPrnAmt>
      <sshPrnamt>192607</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>192607</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>CENTURY CASINOS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>156492100</cusip>
    <value>605</value>
    <shrsOrPrnAmt>
      <sshPrnamt>87522</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>87522</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>CENTURY CMNTYS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>156504300</cusip>
    <value>2149</value>
    <shrsOrPrnAmt>
      <sshPrnamt>99908</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>99908</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>FIRST INTERNET BANCORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>320557101</cusip>
    <value>1361</value>
    <shrsOrPrnAmt>
      <sshPrnamt>58930</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>58930</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>FRANKLIN STREET PPTYS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>35471R106</cusip>
    <value>939</value>
    <shrsOrPrnAmt>
      <sshPrnamt>74551</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>74551</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>GAIN CAP HLDGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>36268W100</cusip>
    <value>515</value>
    <shrsOrPrnAmt>
      <sshPrnamt>83308</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>83308</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GAMESTOP CORP NEW</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>36467W109</cusip>
    <value>1084</value>
    <shrsOrPrnAmt>
      <sshPrnamt>39285</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>39285</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GENCOR INDS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>368678108</cusip>
    <value>702</value>
    <shrsOrPrnAmt>
      <sshPrnamt>58560</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>58560</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GRANITE CONSTR INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>387328107</cusip>
    <value>351</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7056</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>7056</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>KEYCORP NEW</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>493267108</cusip>
    <value>211</value>
    <shrsOrPrnAmt>
      <sshPrnamt>17340</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>17340</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>KVH INDS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>482738101</cusip>
    <value>657</value>
    <shrsOrPrnAmt>
      <sshPrnamt>74531</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>74531</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>NEW YORK &amp; CO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>649295102</cusip>
    <value>2171</value>
    <shrsOrPrnAmt>
      <sshPrnamt>960766</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>960766</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ORION GROUP HOLDINGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>68628V308</cusip>
    <value>1124</value>
    <shrsOrPrnAmt>
      <sshPrnamt>164038</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>164038</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PACIFIC CONTINENTAL CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>69412V108</cusip>
    <value>341</value>
    <shrsOrPrnAmt>
      <sshPrnamt>20251</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>20251</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>PENNANTPARK INVT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>708062104</cusip>
    <value>1773</value>
    <shrsOrPrnAmt>
      <sshPrnamt>235747</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>235747</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>REGIONAL MGMT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>75902K106</cusip>
    <value>708</value>
    <shrsOrPrnAmt>
      <sshPrnamt>32721</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>32721</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ROYAL DUTCH SHELL PLC</nameOfIssuer>
    <titleOfClass>SPON ADR B</titleOfClass>
    <cusip>780259107</cusip>
    <value>575</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10892</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>10892</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SKULLCANDY INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>83083J104</cusip>
    <value>882</value>
    <shrsOrPrnAmt>
      <sshPrnamt>139089</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>139089</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SOLAR CAP LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>83413U100</cusip>
    <value>978</value>
    <shrsOrPrnAmt>
      <sshPrnamt>47656</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>47656</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>STERLING CONSTRUCTION CO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>859241101</cusip>
    <value>3862</value>
    <shrsOrPrnAmt>
      <sshPrnamt>498929</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>498929</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TILLYS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>886885102</cusip>
    <value>1207</value>
    <shrsOrPrnAmt>
      <sshPrnamt>128583</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>128583</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TUTOR PERINI CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>901109108</cusip>
    <value>819</value>
    <shrsOrPrnAmt>
      <sshPrnamt>38160</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>38160</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>WEST MARINE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>954235107</cusip>
    <value>1470</value>
    <shrsOrPrnAmt>
      <sshPrnamt>177776</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>177776</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ZUMIEZ INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>989817101</cusip>
    <value>825</value>
    <shrsOrPrnAmt>
      <sshPrnamt>45829</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>45829</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
</informationTable>
