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		<nameOfIssuer>3-D SYS CORP DEL</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>88554D205</cusip>
		<value>343189</value>
		<shrsOrPrnAmt>
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			<Sole>118341</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>ACV AUCTIONS INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>00091G104</cusip>
		<value>1119216</value>
		<shrsOrPrnAmt>
			<sshPrnamt>112938</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>112938</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>AFFILIATED MANAGERS GROUP IN</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>008252108</cusip>
		<value>1322636</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5450</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>5450</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AGILYSYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00847J105</cusip>
		<value>16401221</value>
		<shrsOrPrnAmt>
			<sshPrnamt>155452</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>155452</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>ALPHATEC HLDGS INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>02081G201</cusip>
		<value>22768555</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1562431</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1562431</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>AMENTUM HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>023939101</cusip>
		<value>23063226</value>
		<shrsOrPrnAmt>
			<sshPrnamt>960607</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>960607</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMERESCO INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>02361E108</cusip>
		<value>670391</value>
		<shrsOrPrnAmt>
			<sshPrnamt>19964</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>19964</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>AMERIS BANCORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03076K108</cusip>
		<value>21571774</value>
		<shrsOrPrnAmt>
			<sshPrnamt>293563</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>293563</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>AMPLITUDE INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>03213A104</cusip>
		<value>263423</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24573</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>24573</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>ANI PHARMACEUTICALS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00182C103</cusip>
		<value>582942</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6364</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>6364</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>APPLIED OPTOELECTRONICS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03823U102</cusip>
		<value>11056621</value>
		<shrsOrPrnAmt>
			<sshPrnamt>425955</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>425955</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>AQUESTIVE THERAPEUTICS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03843E104</cusip>
		<value>519356</value>
		<shrsOrPrnAmt>
			<sshPrnamt>92908</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>92908</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ARTERIS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>04302A104</cusip>
		<value>109393</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10831</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>10831</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ARTIVION INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>228903100</cusip>
		<value>664823</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15702</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>15702</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ASP ISOTOPES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00218A105</cusip>
		<value>1944625</value>
		<shrsOrPrnAmt>
			<sshPrnamt>202144</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>202144</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ASPEN AEROGELS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>04523Y105</cusip>
		<value>7225251</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1036995</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1036995</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ASTEC INDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>046224101</cusip>
		<value>10095962</value>
		<shrsOrPrnAmt>
			<sshPrnamt>209548</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>209548</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>AXT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00246W103</cusip>
		<value>728916</value>
		<shrsOrPrnAmt>
			<sshPrnamt>162342</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>162342</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>BANC OF CALIFORNIA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>05990K106</cusip>
		<value>16294467</value>
		<shrsOrPrnAmt>
			<sshPrnamt>982500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>982500</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>BANCORP INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>05969A105</cusip>
		<value>13422181</value>
		<shrsOrPrnAmt>
			<sshPrnamt>179035</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>179035</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>BANK7 CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>06652N107</cusip>
		<value>876631</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18946</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>18946</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BEAZER HOMES USA INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>07556Q881</cusip>
		<value>1519670</value>
		<shrsOrPrnAmt>
			<sshPrnamt>61901</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>61901</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BGC GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>088929104</cusip>
		<value>5907052</value>
		<shrsOrPrnAmt>
			<sshPrnamt>622783</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>622783</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BJS RESTAURANTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>09180C106</cusip>
		<value>369016</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12087</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>12087</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BOYD GAMING CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>103304101</cusip>
		<value>14085807</value>
		<shrsOrPrnAmt>
			<sshPrnamt>162751</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>162751</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BRAEMAR HOTELS &amp; RESORTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>10482B101</cusip>
		<value>803556</value>
		<shrsOrPrnAmt>
			<sshPrnamt>294343</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>294343</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BRIGHTVIEW HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>10948C107</cusip>
		<value>3178279</value>
		<shrsOrPrnAmt>
			<sshPrnamt>237185</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>237185</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>BUSINESS FIRST BANCSHARES IN</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>12326C105</cusip>
		<value>594760</value>
		<shrsOrPrnAmt>
			<sshPrnamt>25191</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>25191</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CABLE ONE INC</nameOfIssuer>
		<titleOfClass>NOTE         3/1</titleOfClass>
		<cusip>12685JAE5</cusip>
		<value>282461</value>
		<shrsOrPrnAmt>
			<sshPrnamt>290000</sshPrnamt>
			<sshPrnamtType>PRN</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>290000</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CAESARS ENTERTAINMENT INC NE</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>12769G100</cusip>
		<value>16284466</value>
		<shrsOrPrnAmt>
			<sshPrnamt>601060</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>601060</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CALAVO GROWERS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>128246105</cusip>
		<value>3011297</value>
		<shrsOrPrnAmt>
			<sshPrnamt>116989</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>116989</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CALIFORNIA RES CORP</nameOfIssuer>
		<titleOfClass>COM STOCK</titleOfClass>
		<cusip>13057Q305</cusip>
		<value>14276264</value>
		<shrsOrPrnAmt>
			<sshPrnamt>268175</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>268175</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CALIX INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>13100M509</cusip>
		<value>15513884</value>
		<shrsOrPrnAmt>
			<sshPrnamt>252181</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>252181</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CAMTEK LTD</nameOfIssuer>
		<titleOfClass>ORD</titleOfClass>
		<cusip>M20791105</cusip>
		<value>18811407</value>
		<shrsOrPrnAmt>
			<sshPrnamt>178630</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>178630</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>CAPRI HOLDINGS LIMITED</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G1890L107</cusip>
		<value>243263</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12212</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>12212</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CARPENTER TECHNOLOGY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>144285103</cusip>
		<value>1256821</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5042</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>5042</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CENTURI HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM SHS</titleOfClass>
		<cusip>155923105</cusip>
		<value>9099564</value>
		<shrsOrPrnAmt>
			<sshPrnamt>429571</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>429571</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>1646986</value>
		<shrsOrPrnAmt>
			<sshPrnamt>25990</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>25990</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHEFS WHSE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>163086101</cusip>
		<value>13484704</value>
		<shrsOrPrnAmt>
			<sshPrnamt>230603</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>230603</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CHEMOURS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>163851108</cusip>
		<value>10324828</value>
		<shrsOrPrnAmt>
			<sshPrnamt>651151</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>651151</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>CIVISTA BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM NO PAR</titleOfClass>
		<cusip>178867107</cusip>
		<value>383270</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18871</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>18871</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
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		<nameOfIssuer>CLEARFIELD INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>18482P103</cusip>
		<value>389697</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11335</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>11335</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COEUR MNG INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>192108504</cusip>
		<value>15114834</value>
		<shrsOrPrnAmt>
			<sshPrnamt>804852</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>804852</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>COMMERCIAL METALS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>201723103</cusip>
		<value>8333210</value>
		<shrsOrPrnAmt>
			<sshPrnamt>144924</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>144924</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>COVENANT LOGISTICS GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>22284P105</cusip>
		<value>528656</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24407</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>24407</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DIME CMNTY BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>25432X102</cusip>
		<value>17486710</value>
		<shrsOrPrnAmt>
			<sshPrnamt>584810</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>584810</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>DIVERSIFIED ENERGY COMPANY P</nameOfIssuer>
		<titleOfClass>SHS NEW</titleOfClass>
		<cusip>G2891G204</cusip>
		<value>1287687</value>
		<shrsOrPrnAmt>
			<sshPrnamt>91912</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>91912</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DNOW INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>67011P100</cusip>
		<value>18283114</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1196075</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1196075</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>DOLE PLC</nameOfIssuer>
		<titleOfClass>ORD SHS</titleOfClass>
		<cusip>G27907107</cusip>
		<value>2480607</value>
		<shrsOrPrnAmt>
			<sshPrnamt>184569</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>184569</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DRAFTKINGS INC NEW</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>26142V105</cusip>
		<value>2040553</value>
		<shrsOrPrnAmt>
			<sshPrnamt>53715</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>53715</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DUCOMMUN INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>264147109</cusip>
		<value>597063</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6211</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>6211</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>DYCOM INDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>267475101</cusip>
		<value>25160286</value>
		<shrsOrPrnAmt>
			<sshPrnamt>86144</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>86144</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EXPAND ENERGY CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>165167735</cusip>
		<value>1801650</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16694</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>16694</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>EXTREME NETWORKS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30226D106</cusip>
		<value>17998732</value>
		<shrsOrPrnAmt>
			<sshPrnamt>869517</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>869517</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>EZCORP INC</nameOfIssuer>
		<titleOfClass>CL A NON VTG</titleOfClass>
		<cusip>302301106</cusip>
		<value>2835837</value>
		<shrsOrPrnAmt>
			<sshPrnamt>148941</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>148941</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FB FINL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30257X104</cusip>
		<value>16890653</value>
		<shrsOrPrnAmt>
			<sshPrnamt>302706</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>302706</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FIRST COMWLTH FINL CORP PA</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>319829107</cusip>
		<value>464067</value>
		<shrsOrPrnAmt>
			<sshPrnamt>27218</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>27218</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FIRST WATCH RESTAURANT GROUP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>33748L101</cusip>
		<value>17642303</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1125353</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1125353</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FORWARD AIR CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>34986A104</cusip>
		<value>445469</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17374</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>17374</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FOX FACTORY HLDG CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>35138V102</cusip>
		<value>2846715</value>
		<shrsOrPrnAmt>
			<sshPrnamt>117197</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>117197</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>FULLER H B CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>359694106</cusip>
		<value>8855975</value>
		<shrsOrPrnAmt>
			<sshPrnamt>148977</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>148977</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GATES INDL CORP PLC</nameOfIssuer>
		<titleOfClass>ORD SHS</titleOfClass>
		<cusip>G39108108</cusip>
		<value>15161587</value>
		<shrsOrPrnAmt>
			<sshPrnamt>609240</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>609240</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>GCM GROSVENOR INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>36831E108</cusip>
		<value>8263883</value>
		<shrsOrPrnAmt>
			<sshPrnamt>683929</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>683929</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>GENIUS SPORTS LIMITED</nameOfIssuer>
		<titleOfClass>SHARES CL A</titleOfClass>
		<cusip>G3934V109</cusip>
		<value>15115695</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1219711</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1219711</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>GILAT SATELLITE NETWORKS LTD</nameOfIssuer>
		<titleOfClass>SHS NEW</titleOfClass>
		<cusip>M51474118</cusip>
		<value>775601</value>
		<shrsOrPrnAmt>
			<sshPrnamt>59570</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>59570</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>GLOBAL WTR RES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>379463102</cusip>
		<value>1833173</value>
		<shrsOrPrnAmt>
			<sshPrnamt>177978</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>177978</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>GOLDEN ENTMT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>381013101</cusip>
		<value>16011254</value>
		<shrsOrPrnAmt>
			<sshPrnamt>677347</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>677347</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>GRAY MEDIA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>389375106</cusip>
		<value>18758001</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3236997</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>3236997</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>GUARDIAN PHARMACY SVCS INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>40145W101</cusip>
		<value>384269</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14650</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>14650</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GULFPORT ENERGY CORP</nameOfIssuer>
		<titleOfClass>COMMON SHARES</titleOfClass>
		<cusip>402635502</cusip>
		<value>19956156</value>
		<shrsOrPrnAmt>
			<sshPrnamt>109998</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>109998</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GXO LOGISTICS INCORPORATED</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>36262G101</cusip>
		<value>16825611</value>
		<shrsOrPrnAmt>
			<sshPrnamt>317342</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>317342</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>HARROW INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>415858109</cusip>
		<value>15717221</value>
		<shrsOrPrnAmt>
			<sshPrnamt>325478</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>325478</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>HEALTHEQUITY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>42226A107</cusip>
		<value>1479339</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15363</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>15363</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>HERITAGE FINL CORP WASH</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>42722X106</cusip>
		<value>634867</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26245</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>26245</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>HOVNANIAN ENTERPRISES INC</nameOfIssuer>
		<titleOfClass>CL A NEW</titleOfClass>
		<cusip>442487401</cusip>
		<value>683181</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5317</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>5317</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>INSPIRED ENTMT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>45782N108</cusip>
		<value>515619</value>
		<shrsOrPrnAmt>
			<sshPrnamt>54970</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>54970</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ISHARES TR</nameOfIssuer>
		<titleOfClass>RUSSELL 2000 ETF</titleOfClass>
		<cusip>464287655</cusip>
		<value>380022</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1570</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1570</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>KNIFE RIVER CORP</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>498894104</cusip>
		<value>16681981</value>
		<shrsOrPrnAmt>
			<sshPrnamt>216479</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>216479</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>KYNDRYL HLDGS INC</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>50155Q100</cusip>
		<value>11306220</value>
		<shrsOrPrnAmt>
			<sshPrnamt>375360</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>375360</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LAZARD INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>52110M109</cusip>
		<value>14540623</value>
		<shrsOrPrnAmt>
			<sshPrnamt>274807</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>274807</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LEONARDO DRS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>52661A108</cusip>
		<value>2115298</value>
		<shrsOrPrnAmt>
			<sshPrnamt>45880</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>45880</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LIFE TIME GROUP HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>53190C102</cusip>
		<value>14574225</value>
		<shrsOrPrnAmt>
			<sshPrnamt>526733</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>526733</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LIGAND PHARMACEUTICALS INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>53220K504</cusip>
		<value>19023728</value>
		<shrsOrPrnAmt>
			<sshPrnamt>107282</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>107282</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LIMONEIRA CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>532746104</cusip>
		<value>551009</value>
		<shrsOrPrnAmt>
			<sshPrnamt>37105</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>37105</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>LINDBLAD EXPEDITIONS HLDGS I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>535219109</cusip>
		<value>12423316</value>
		<shrsOrPrnAmt>
			<sshPrnamt>969539</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>969539</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LUMEN TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>550241103</cusip>
		<value>16837082</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2744057</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>2744057</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>LUMENTUM HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55024U109</cusip>
		<value>1400474</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8468</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>8468</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MACH NATURAL RESOURCES LP</nameOfIssuer>
		<titleOfClass>COM UNIT LTD PAR</titleOfClass>
		<cusip>55445L100</cusip>
		<value>439869</value>
		<shrsOrPrnAmt>
			<sshPrnamt>33374</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>33374</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MAGNITE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55955D100</cusip>
		<value>15587702</value>
		<shrsOrPrnAmt>
			<sshPrnamt>713933</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>713933</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MAMAS CREATIONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>56146T103</cusip>
		<value>556652</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52964</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>52964</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MASTEC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>576323109</cusip>
		<value>2686545</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12431</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>12431</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MATERION CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>576690101</cusip>
		<value>668200</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5531</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>5531</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MERCURY SYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>589378108</cusip>
		<value>14292329</value>
		<shrsOrPrnAmt>
			<sshPrnamt>184154</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>184154</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>METHODE ELECTRS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>591520200</cusip>
		<value>1340261</value>
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			<sshPrnamt>177518</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>177518</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MIDDLESEX WTR CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>596680108</cusip>
		<value>2148835</value>
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			<sshPrnamt>39705</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>39705</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MIRUM PHARMACEUTICALS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>604749101</cusip>
		<value>22630481</value>
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			<sshPrnamt>307991</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>307991</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MISSION PRODUCE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>60510V108</cusip>
		<value>2261106</value>
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			<sshPrnamt>188112</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>188112</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MODINE MFG CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>607828100</cusip>
		<value>14925061</value>
		<shrsOrPrnAmt>
			<sshPrnamt>104731</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>104731</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MRC GLOBAL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>55345K103</cusip>
		<value>425275</value>
		<shrsOrPrnAmt>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>29492</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>MSC INDL DIRECT INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>553530106</cusip>
		<value>1657219</value>
		<shrsOrPrnAmt>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>17704</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NATIONAL ENERGY SERVICES REU</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G6375R107</cusip>
		<value>738412</value>
		<shrsOrPrnAmt>
			<sshPrnamt>71970</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>71970</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NCR ATLEOS CORPORATION</nameOfIssuer>
		<titleOfClass>COM SHS</titleOfClass>
		<cusip>63001N106</cusip>
		<value>11552697</value>
		<shrsOrPrnAmt>
			<sshPrnamt>293302</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>293302</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NEWMARK GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>65158N102</cusip>
		<value>20182958</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1079674</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1079674</Sole>
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		</votingAuthority>
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		<nameOfIssuer>NEXSTAR MEDIA GROUP INC</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>65336K103</cusip>
		<value>19855822</value>
		<shrsOrPrnAmt>
			<sshPrnamt>100101</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>100101</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NORTHERN OIL &amp; GAS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>665531307</cusip>
		<value>12878329</value>
		<shrsOrPrnAmt>
			<sshPrnamt>518039</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>518039</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NORTHWEST NAT HLDG CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>66765N105</cusip>
		<value>2571524</value>
		<shrsOrPrnAmt>
			<sshPrnamt>57234</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>57234</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>NORWEGIAN CRUISE LINE HLDG L</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G66721104</cusip>
		<value>14519694</value>
		<shrsOrPrnAmt>
			<sshPrnamt>587762</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>587762</Sole>
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		<nameOfIssuer>NPK INTERNATIONAL INC</nameOfIssuer>
		<titleOfClass>COM SHS</titleOfClass>
		<cusip>651718504</cusip>
		<value>599758</value>
		<shrsOrPrnAmt>
			<sshPrnamt>53029</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>53029</Sole>
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			<None>0</None>
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		<nameOfIssuer>ODDITY TECH LTD</nameOfIssuer>
		<titleOfClass>SHS CL A</titleOfClass>
		<cusip>M7518J104</cusip>
		<value>13133714</value>
		<shrsOrPrnAmt>
			<sshPrnamt>210290</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>210290</Sole>
			<Shared>0</Shared>
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		<nameOfIssuer>OFG BANCORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>67103X102</cusip>
		<value>820656</value>
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			<sshPrnamt>18870</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>18870</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>ONEMAIN HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>68268W103</cusip>
		<value>11578045</value>
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			<sshPrnamt>204547</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>204547</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ONESPAWORLD HOLDINGS LIMITED</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>P73684113</cusip>
		<value>560739</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26525</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>26525</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>OPERA LTD</nameOfIssuer>
		<titleOfClass>SPONSORED ADS</titleOfClass>
		<cusip>68373M107</cusip>
		<value>11421495</value>
		<shrsOrPrnAmt>
			<sshPrnamt>552806</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>552806</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>OPPENHEIMER HLDGS INC</nameOfIssuer>
		<titleOfClass>CL A NON VTG</titleOfClass>
		<cusip>683797104</cusip>
		<value>639987</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8659</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>8659</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>OUSTER INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>68989M202</cusip>
		<value>16928860</value>
		<shrsOrPrnAmt>
			<sshPrnamt>624960</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>624960</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PARK AEROSPACE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>70014A104</cusip>
		<value>3918847</value>
		<shrsOrPrnAmt>
			<sshPrnamt>192667</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>192667</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PDF SOLUTIONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>693282105</cusip>
		<value>3032895</value>
		<shrsOrPrnAmt>
			<sshPrnamt>117463</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>117463</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PEGASYSTEMS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>705573103</cusip>
		<value>1177795</value>
		<shrsOrPrnAmt>
			<sshPrnamt>20131</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>20131</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PENN ENTERTAINMENT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>707569109</cusip>
		<value>16478685</value>
		<shrsOrPrnAmt>
			<sshPrnamt>853731</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>853731</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PERELLA WEINBERG PARTNERS</nameOfIssuer>
		<titleOfClass>CLASS A COM</titleOfClass>
		<cusip>71367G102</cusip>
		<value>14732721</value>
		<shrsOrPrnAmt>
			<sshPrnamt>690318</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>690318</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PERFORMANCE FOOD GROUP CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>71377A103</cusip>
		<value>1071919</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10122</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>10122</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>POPULAR INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>733174700</cusip>
		<value>16609006</value>
		<shrsOrPrnAmt>
			<sshPrnamt>130380</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>130380</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>PURSUIT ATTRACTIONS AND HOSP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92552R406</cusip>
		<value>12406637</value>
		<shrsOrPrnAmt>
			<sshPrnamt>342558</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>342558</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>QUAKER HOUGHTON</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>747316107</cusip>
		<value>903673</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6859</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>6859</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>QXO INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>82846H405</cusip>
		<value>620060</value>
		<shrsOrPrnAmt>
			<sshPrnamt>31915</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>31915</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RADNET INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>750491102</cusip>
		<value>21610688</value>
		<shrsOrPrnAmt>
			<sshPrnamt>282888</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>282888</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RAMBUS INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>750917106</cusip>
		<value>15865370</value>
		<shrsOrPrnAmt>
			<sshPrnamt>151825</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>151825</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>RIBBON COMMUNICATIONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>762544104</cusip>
		<value>608490</value>
		<shrsOrPrnAmt>
			<sshPrnamt>160129</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>160129</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>RICHTECH ROBOTICS INC</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>765504105</cusip>
		<value>203149</value>
		<shrsOrPrnAmt>
			<sshPrnamt>47354</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>47354</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RISKIFIED LTD</nameOfIssuer>
		<titleOfClass>SHS CL A</titleOfClass>
		<cusip>M8216R109</cusip>
		<value>511973</value>
		<shrsOrPrnAmt>
			<sshPrnamt>109396</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>109396</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RUSH STREET INTERACTIVE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>782011100</cusip>
		<value>15676956</value>
		<shrsOrPrnAmt>
			<sshPrnamt>764694</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>764694</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>RXO INC</nameOfIssuer>
		<titleOfClass>COMMON STOCK</titleOfClass>
		<cusip>74982T103</cusip>
		<value>14558298</value>
		<shrsOrPrnAmt>
			<sshPrnamt>944096</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>944096</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>RYMAN HOSPITALITY PPTYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>78377T107</cusip>
		<value>12221000</value>
		<shrsOrPrnAmt>
			<sshPrnamt>136082</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>136082</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SABLE OFFSHORE CORP</nameOfIssuer>
		<titleOfClass>COM SHS</titleOfClass>
		<cusip>78574H104</cusip>
		<value>648290</value>
		<shrsOrPrnAmt>
			<sshPrnamt>37130</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>37130</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SCRIPPS E W CO OHIO</nameOfIssuer>
		<titleOfClass>CL A NEW</titleOfClass>
		<cusip>811054402</cusip>
		<value>8863965</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3599606</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>3599606</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SELECT WATER SOLUTIONS INC</nameOfIssuer>
		<titleOfClass>CL A COM</titleOfClass>
		<cusip>81617J301</cusip>
		<value>12617787</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1179161</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1179161</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SEMLER SCIENTIFIC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>81684M104</cusip>
		<value>284160</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9472</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>9472</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SENTINELONE INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>81730H109</cusip>
		<value>880844</value>
		<shrsOrPrnAmt>
			<sshPrnamt>49116</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>49116</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>SILICON MOTION TECHNOLOGY CO</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>82706C108</cusip>
		<value>551889</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5821</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>5821</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>SIMILARWEB LTD</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>M84137104</cusip>
		<value>15321339</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1646094</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1646094</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>SINCLAIR INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>829242106</cusip>
		<value>370765</value>
		<shrsOrPrnAmt>
			<sshPrnamt>24554</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>24554</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>SOLARIS ENERGY INFRAS INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>83418M103</cusip>
		<value>694559</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17377</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>17377</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SPHERE ENTERTAINMENT CO</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>55826T102</cusip>
		<value>437884</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7049</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>7049</Sole>
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			<None>0</None>
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		<nameOfIssuer>SPORTRADAR GROUP AG</nameOfIssuer>
		<titleOfClass>CLASS A ORD SHS</titleOfClass>
		<cusip>H8088L103</cusip>
		<value>1317127</value>
		<shrsOrPrnAmt>
			<sshPrnamt>48088</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>48088</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>STAGWELL INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>85256A109</cusip>
		<value>13343982</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2364302</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>2364302</Sole>
			<Shared>0</Shared>
			<None>0</None>
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		<nameOfIssuer>STEWART INFORMATION SVCS COR</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>860372101</cusip>
		<value>2309067</value>
		<shrsOrPrnAmt>
			<sshPrnamt>31493</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>31493</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>STRATASYS LTD</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>M85548101</cusip>
		<value>2145674</value>
		<shrsOrPrnAmt>
			<sshPrnamt>191578</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>191578</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>SUPER GROUP SGHC LIMITED</nameOfIssuer>
		<titleOfClass>ORD SHS</titleOfClass>
		<cusip>G8588X103</cusip>
		<value>651050</value>
		<shrsOrPrnAmt>
			<sshPrnamt>49322</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>49322</Sole>
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			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>TALEN ENERGY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>87422Q109</cusip>
		<value>250974</value>
		<shrsOrPrnAmt>
			<sshPrnamt>590</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>590</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TAT TECHNOLOGIES LTD</nameOfIssuer>
		<titleOfClass>ORD NEW</titleOfClass>
		<cusip>M8740S227</cusip>
		<value>15768377</value>
		<shrsOrPrnAmt>
			<sshPrnamt>357768</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>357768</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TAYLOR MORRISON HOME CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>87724P106</cusip>
		<value>13201153</value>
		<shrsOrPrnAmt>
			<sshPrnamt>199438</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>199438</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TENNANT CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>880345103</cusip>
		<value>2370438</value>
		<shrsOrPrnAmt>
			<sshPrnamt>29243</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>29243</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TEXAS CAP BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88224Q107</cusip>
		<value>16932223</value>
		<shrsOrPrnAmt>
			<sshPrnamt>199803</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>199803</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TG THERAPEUTICS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88322Q108</cusip>
		<value>18877105</value>
		<shrsOrPrnAmt>
			<sshPrnamt>521260</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>521260</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>THE REALREAL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88339P101</cusip>
		<value>12584525</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1182868</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>1182868</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>THERMON GROUP HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88362T103</cusip>
		<value>254134</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9511</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>9511</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>THIRD COAST BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88422P109</cusip>
		<value>718544</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18924</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>18924</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TRANSOCEAN LTD</nameOfIssuer>
		<titleOfClass>REGISTERED SHS</titleOfClass>
		<cusip>H8817H100</cusip>
		<value>10943187</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3499280</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>3499280</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TRAVERE THERAPEUTICS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>89422G107</cusip>
		<value>645396</value>
		<shrsOrPrnAmt>
			<sshPrnamt>27004</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>27004</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>TREEHOUSE FOODS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>89469A104</cusip>
		<value>2245432</value>
		<shrsOrPrnAmt>
			<sshPrnamt>111105</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>111105</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>UNITED PARKS &amp; RESORTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>81282V100</cusip>
		<value>14841153</value>
		<shrsOrPrnAmt>
			<sshPrnamt>286392</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>286392</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>UNITED STATES ANTIMONY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>911549103</cusip>
		<value>328681</value>
		<shrsOrPrnAmt>
			<sshPrnamt>53013</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>53013</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
		<titleOfClass>EXTEND MKT ETF</titleOfClass>
		<cusip>922908652</cusip>
		<value>1003709</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4764</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>4764</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>VEECO INSTRS INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>922417100</cusip>
		<value>909157</value>
		<shrsOrPrnAmt>
			<sshPrnamt>29877</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>29877</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>VSE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>918284100</cusip>
		<value>14810063</value>
		<shrsOrPrnAmt>
			<sshPrnamt>88992</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>88992</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>WAYSTAR HLDG CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>946784105</cusip>
		<value>17749259</value>
		<shrsOrPrnAmt>
			<sshPrnamt>466935</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>466935</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>WEATHERFORD INTL PLC</nameOfIssuer>
		<titleOfClass>ORD SHS</titleOfClass>
		<cusip>G48833118</cusip>
		<value>22296535</value>
		<shrsOrPrnAmt>
			<sshPrnamt>324992</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>324992</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>WHITEFIBER INC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G96115103</cusip>
		<value>546144</value>
		<shrsOrPrnAmt>
			<sshPrnamt>20101</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>20101</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>YORK WTR CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>987184108</cusip>
		<value>2878097</value>
		<shrsOrPrnAmt>
			<sshPrnamt>94612</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>94612</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ZETA GLOBAL HOLDINGS CORP</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>98956A105</cusip>
		<value>15569878</value>
		<shrsOrPrnAmt>
			<sshPrnamt>781686</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>781686</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
</informationTable>
