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
Estimated average burden
hours per response: 23.8
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   8,544 952,492 SH   SOLE   952,492 0 0
American Coastal Insurance COM 910710102   13,253 1,191,785 SH   SOLE   1,191,785 0 0
Aviat Networks COM 05366y201   15,314 636,760 SH   SOLE   636,760 0 0
BGSF Inc COM 05601c105   3,776 592,800 SH   SOLE   592,800 0 0
Barrett Business Services COM 068463108   10,153 243,533 SH   SOLE   243,533 0 0
Civitas Resources COM 17888h103   5,197 188,847 SH   SOLE   188,847 0 0
Climb Global Solutions COM 946760105   6,315 59,070 SH   SOLE   59,070 0 0
Core Molding Technology COM 218683100   7,032 423,876 SH   SOLE   423,876 0 0
Customers Bancorp COM 23204g100   16,519 281,218 SH   SOLE   281,218 0 0
DHI Group COM 23331s100   8,616 2,901,114 SH   SOLE   2,901,114 0 0
Duluth Holdings Inc COM 26443v101   1,459 694,600 SH   SOLE   694,600 0 0
El Pollo Loco Holdings COM 268603107   6,936 629,990 SH   SOLE   629,990 0 0
Enova International COM 29357k103   11,777 105,605 SH   SOLE   105,605 0 0
First Western Financial COM 33751l105   4,046 179,341 SH   SOLE   179,341 0 0
Fluent Inc COM 34380c201   2,085 1,042,522 SH   SOLE   1,042,522 0 0
Geospace Technologies COM 37364x109   12,252 859,177 SH   SOLE   859,177 0 0
Guess Inc COM 401617105   5,465 452,051 SH   SOLE   452,051 0 0
Harmony Biosciences COM 413197104   7,512 237,726 SH   SOLE   237,726 0 0
Key Tronic Corp COM 493144109   2,060 720,341 SH   SOLE   720,341 0 0
Medallion Financial COM 583928106   9,129 957,963 SH   SOLE   957,963 0 0
Myers Industries COM 628464109   6,301 434,850 SH   SOLE   434,850 0 0
NPK International COM 651718504   8,331 978,990 SH   SOLE   978,990 0 0
Niagen Bioscience COM 171077407   22,787 1,581,310 SH   SOLE   1,581,310 0 0
Orion Energy Systems COM 686275108   1,520 2,492,553 SH   SOLE   2,492,553 0 0
Primoris Services Corp COM 74164f103   5,603 71,885 SH   SOLE   71,885 0 0
Regional Management COM 75902k106   8,619 295,081 SH   SOLE   295,081 0 0
Resources Connection COM 76122q105   4,991 929,465 SH   SOLE   929,465 0 0
Shutterstock Inc COM 825690100   4,429 233,585 SH   SOLE   233,585 0 0
Stabilis Solutions COM 85236p101   939 197,674 SH   SOLE   197,674 0 0
Texas Capital Bancshrs COM 88224q107   8,655 109,010 SH   SOLE   109,010 0 0
VAALCO Energy COM 91851c201   6,330 1,753,443 SH   SOLE   1,753,443 0 0
Veritex Holdings COM 923451108   8,225 315,148 SH   SOLE   315,148 0 0
Vishay Precision Group COM 92835k103   8,449 300,679 SH   SOLE   300,679 0 0
Zumiez Inc COM 989817101   3,264 246,165 SH   SOLE   246,165 0 0