The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADTRAN Holdings COM 00486H105   5,257 966,369 SH   SOLE   966,369 0 0
Amazon.com Inc COM 023135106   361 2,000 SH   SOLE   2,000 0 0
American Coastal Insurance COM 910710102   10,853 1,015,226 SH   SOLE   1,015,226 0 0
BGSF Inc COM 05601C105   4,491 431,460 SH   SOLE   431,460 0 0
BM Technologies COM 05591L107   806 488,218 SH   SOLE   488,218 0 0
Barrett Business Services COM 068463108   6,621 52,247 SH   SOLE   52,247 0 0
CECO Environmental COM 125141101   5,128 222,774 SH   SOLE   222,774 0 0
ChromaDex Corp COM 171077407   10,516 3,021,875 SH   SOLE   3,021,875 0 0
Civitas Resources COM 17888H103   12,246 161,322 SH   SOLE   161,322 0 0
Climb Global Solutions COM 946760105   8,807 124,249 SH   SOLE   124,249 0 0
Core Molding Technology COM 218683100   1,334 70,480 SH   SOLE   70,480 0 0
Customers Bancorp COM 23204G100   12,743 240,153 SH   SOLE   240,153 0 0
DHI Group COM 23331S100   4,976 1,951,450 SH   SOLE   1,951,450 0 0
Duluth Holdings Inc COM 26443V101   2,971 606,410 SH   SOLE   606,410 0 0
Enova International COM 29357K103   10,359 164,868 SH   SOLE   164,868 0 0
First Western Financial COM 33751L105   2,204 151,150 SH   SOLE   151,150 0 0
Fluent Inc COM 34380C102   2,162 4,387,995 SH   SOLE   4,387,995 0 0
Geospace Technologies COM 37364X109   9,721 736,992 SH   SOLE   736,992 0 0
Guess Inc COM 401617105   7,607 241,716 SH   SOLE   241,716 0 0
Hon Hai Precision Co COM Y36861105   142 29,200 SH   SOLE   29,200 0 0
Key Tronic Corp COM 493144109   2,913 625,031 SH   SOLE   625,031 0 0
Medallion Financial COM 583928106   6,435 813,490 SH   SOLE   813,490 0 0
Motorcar Parts of America COM 620071100   7,875 979,496 SH   SOLE   979,496 0 0
Myers Industries COM 628464109   4,276 184,545 SH   SOLE   184,545 0 0
NMI Holdings COM 629209305   3,060 94,619 SH   SOLE   94,619 0 0
Nature's Sunshine Products COM 639027101   875 42,127 SH   SOLE   42,127 0 0
Newpark Resources COM 651718504   6,043 837,005 SH   SOLE   837,005 0 0
Nokia Corp COM 654902204   35 10,000 SH   SOLE   10,000 0 0
Orion Energy Systems COM 686275108   1,856 2,133,142 SH   SOLE   2,133,142 0 0
Primoris Services Corp COM 74164F103   8,182 192,210 SH   SOLE   192,210 0 0
Regional Management COM 75902K106   2,586 106,830 SH   SOLE   106,830 0 0
Rolls Royce Hldgs PLC COM 775781206   106 19,765 SH   SOLE   19,765 0 0
Stabilis Solutions COM 85236P101   691 164,152 SH   SOLE   164,152 0 0
Texas Capital Bancshrs COM 88224Q107   5,740 93,265 SH   SOLE   93,265 0 0
VAALCO Energy COM 91851C201   10,426 1,495,819 SH   SOLE   1,495,819 0 0
Veritex Holdings COM 923451108   5,559 271,318 SH   SOLE   271,318 0 0
Vishay Precision Group COM 92835K103   1,666 47,154 SH   SOLE   47,154 0 0
Zumiez Inc COM 989817101   3,135 206,400 SH   SOLE   206,400 0 0