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   8,378 960,739 SH   SOLE   960,739 0 0
American Coastal Insurance COM 910710102   13,866 1,198,435 SH   SOLE   1,198,435 0 0
Aviat Networks COM 05366y201   12,303 641,780 SH   SOLE   641,780 0 0
BGSF Inc COM 05601c105   2,247 610,708 SH   SOLE   610,708 0 0
Barrett Business Services COM 068463108   10,091 245,233 SH   SOLE   245,233 0 0
Civitas Resources COM 17888h103   6,649 190,567 SH   SOLE   190,567 0 0
Climb Global Solutions COM 946760105   6,580 59,405 SH   SOLE   59,405 0 0
Core Molding Technology COM 218683100   6,437 423,506 SH   SOLE   423,506 0 0
Customers Bancorp COM 23204g100   14,234 283,543 SH   SOLE   283,543 0 0
DHI Group COM 23331s100   4,073 2,930,034 SH   SOLE   2,930,034 0 0
Duluth Holdings Inc COM 26443v101   1,238 711,605 SH   SOLE   711,605 0 0
El Pollo Loco Holdings COM 268603107   5,306 515,140 SH   SOLE   515,140 0 0
Enova International COM 29357k103   10,283 106,490 SH   SOLE   106,490 0 0
First Western Financial COM 33751l105   3,548 180,576 SH   SOLE   180,576 0 0
Fluent Inc COM 34380c201   2,270 1,041,091 SH   SOLE   1,041,091 0 0
Geopspace Technologies COM 37364x109   6,225 863,402 SH   SOLE   863,402 0 0
Guess Inc COM 401617105   5,009 452,486 SH   SOLE   452,486 0 0
Key Tronic Corp COM 493144109   1,872 725,418 SH   SOLE   725,418 0 0
Medallion Financial COM 583928106   8,418 966,468 SH   SOLE   966,468 0 0
Motorcar Parts of America COM 620071100   6,372 670,697 SH   SOLE   670,697 0 0
Myers Industries COM 628464109   5,173 433,590 SH   SOLE   433,590 0 0
NPK International COM 651718504   5,752 990,085 SH   SOLE   990,085 0 0
Niagen Bioscience COM 171077407   13,704 1,986,040 SH   SOLE   1,986,040 0 0
Orion Energy Systems COM 686275108   1,804 2,502,423 SH   SOLE   2,502,423 0 0
Primoris Services Corp COM 74164f103   4,166 72,570 SH   SOLE   72,570 0 0
Regional Management COM 75902k106   7,488 248,701 SH   SOLE   248,701 0 0
Resources Connection COM 76122q105   6,124 936,403 SH   SOLE   936,403 0 0
Shutterstock Inc COM 825690100   4,363 234,215 SH   SOLE   234,215 0 0
Stabilis Solutions COM 85236p101   966 199,231 SH   SOLE   199,231 0 0
Texas Capital Bancshrs COM 88224q107   8,196 109,715 SH   SOLE   109,715 0 0
VAALCO Energy COM 91851c201   6,644 1,766,943 SH   SOLE   1,766,943 0 0
Veritex Holdings COM 923451108   7,931 317,633 SH   SOLE   317,633 0 0
Vishay Precision Group COM 92835k103   7,307 303,334 SH   SOLE   303,334 0 0
Zumiez Inc COM 989817101   3,731 250,600 SH   SOLE   250,600 0 0