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   13,022 1,035,167 SH   SOLE   1,035,167 0 0
American Coastal Insurance COM 910710102   14,326 1,273,455 SH   SOLE   1,273,455 0 0
Aviat Networks COM 05366Y201   15,473 684,326 SH   SOLE   684,326 0 0
BGSF Inc COM 05601C105   4,083 631,037 SH   SOLE   631,037 0 0
Barrett Business Services COM 068463108   7,697 263,765 SH   SOLE   263,765 0 0
Climb Global Solutions COM 946760105   10,666 538,131 SH   SOLE   538,131 0 0
Core Molding Tech COM 218683100   10,302 459,890 SH   SOLE   459,890 0 0
Customers Bancorp COM 23204G100   18,168 261,743 SH   SOLE   261,743 0 0
DHI Group COM 23331S100   9,483 3,374,765 SH   SOLE   3,374,765 0 0
Duluth Holdings COM 26443V101   2,361 747,098 SH   SOLE   747,098 0 0
Eastern Company COM 276317104   1,537 75,954 SH   SOLE   75,954 0 0
El Pollo Loco Holdings COM 268603107   14,657 1,057,482 SH   SOLE   1,057,482 0 0
Enova International COM 29357K103   15,352 113,020 SH   SOLE   113,020 0 0
First Western Financial COM 33751L105   4,673 190,094 SH   SOLE   190,094 0 0
Fluent Inc COM 34380C201   3,707 1,173,092 SH   SOLE   1,173,092 0 0
Forrester Research COM 346563109   3,164 559,041 SH   SOLE   559,041 0 0
Geospace Technologies COM 37364X109   11,128 912,118 SH   SOLE   912,118 0 0
Harmony Biosciences COM 413197104   8,725 311,496 SH   SOLE   311,496 0 0
Key Tronic Corp COM 493144109   2,071 758,695 SH   SOLE   758,695 0 0
MGP Ingredients COM 55303J106   7,852 426,950 SH   SOLE   426,950 0 0
Medallion Financial COM 583928106   8,837 1,032,304 SH   SOLE   1,032,304 0 0
Myers Industries COM 628464109   9,981 471,260 SH   SOLE   471,260 0 0
NB Bancorp COM 63945M107   11,664 553,570 SH   SOLE   553,570 0 0
NPK International COM 651718504   12,112 835,920 SH   SOLE   835,920 0 0
Niagen Bioscience COM 171077407   8,949 2,029,155 SH   SOLE   2,029,155 0 0
Orion Energy Systems COM 686275207   2,329 266,476 SH   SOLE   266,476 0 0
Primoris Services Corp COM 74164f103   624 4,365 SH   SOLE   4,365 0 0
Regional Management COM 75902K106   10,327 320,224 SH   SOLE   320,224 0 0
Resources Connection COM 76122Q105   9,149 2,452,930 SH   SOLE   2,452,930 0 0
SM Energy Company COM 78454L100   5,901 189,263 SH   SOLE   189,263 0 0
Stabilis Solutions COM 85236P101   1,001 224,513 SH   SOLE   224,513 0 0
Texas Capital Bancshrs COM 88224Q107   11,153 117,550 SH   SOLE   117,550 0 0
VAALCO Energy COM 91851C201   11,937 1,882,740 SH   SOLE   1,882,740 0 0
Vishay Precision Group COM 92835K103   10,387 239,222 SH   SOLE   239,222 0 0
Zumiez Inc COM 989817101   5,772 260,463 SH   SOLE   260,463 0 0