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
1-800-FLOWERS.COM INC-CL A EQUITY 68243Q106   1,151,970 141,000 SH   SOLE   141,000 0 0
3D SYSTEMS CORP EQUITY 88554D205   131,200 40,000 SH   SOLE   40,000 0 0
A10 NETWORKS INC EQUITY 002121101   662,400 36,000 SH   SOLE   36,000 0 0
ACCURAY INC EQUITY 004397105   89,100 45,000 SH   SOLE   45,000 0 0
ACME UNITED CORP EQUITY 004816104   485,290 13,000 SH   SOLE   13,000 0 0
ALLIENT INC EQUITY 019330109   1,760,300 72,500 SH   SOLE   72,500 0 0
AMERICAN OUTDOOR BRANDS INC EQUITY 02875D109   2,430,780 159,500 SH   SOLE   159,500 0 0
AMPCO-PITTSBURGH CORP EQUITY 032037103   234,080 112,000 SH   SOLE   112,000 0 0
AMPCO-PITTSBURGH CORP WARRANTS 8/1/25 WARRANT 032037111   4,230 47,000 SH   SOLE   47,000 0 0
ANTERIX INC EQUITY 03676C100   1,564,170 51,000 SH   SOLE   51,000 0 0
ARKO CORP EQUITY 041242108   691,950 105,000 SH   SOLE   105,000 0 0
ARLO TECHNOLOGIES INC EQUITY 04206A101   805,680 72,000 SH   SOLE   72,000 0 0
ARRAY TECHNOLOGIES INC 1.000 12/01/28 CVT BOND CONVERTIBLE 04271TAB6   389,479 528,000 PRN   SOLE   528,000 0 0
ARTESIAN RESOURCES CORP-CL A EQUITY 043113208   990,338 31,320 SH   SOLE   31,320 0 0
ASTEC INDUSTRIES INC EQUITY 046224101   3,276,000 97,500 SH   SOLE   97,500 0 0
ASTRONICS CORP EQUITY 046433108   2,745,120 172,000 SH   SOLE   172,000 0 0
ATLANTIC AMERICAN CORP EQUITY 048209100   30,800 20,000 SH   SOLE   20,000 0 0
ATLANTIC UNION BANKSHARES CO EQUITY 04911A107   886,392 23,400 SH   SOLE   23,400 0 0
AZZ INC EQUITY 002474104   573,440 7,000 SH   SOLE   7,000 0 0
BADGER METER INC EQUITY 056525108   689,390 3,250 SH   SOLE   3,250 0 0
BASSETT FURNITURE INDS EQUITY 070203104   138,300 10,000 SH   SOLE   10,000 0 0
BELLRING BRANDS INC EQUITY 07831C103   979,420 13,000 SH   SOLE   13,000 0 0
BIG 5 SPORTING GOODS CORP EQUITY 08915P101   25,955 14,500 SH   SOLE   14,500 0 0
BLOOM ENERGY CORP 3.000 06/01/28 CVT BOND CONVERTIBLE 093712AK3   278,240 200,000 PRN   SOLE   200,000 0 0
CADENCE BANK EQUITY 12740C103   223,925 6,500 SH   SOLE   6,500 0 0
CAESARS ENTERTAINMENT INC EQUITY 12769G100   334,200 10,000 SH   SOLE   10,000 0 0
CALAVO GROWERS INC EQUITY 128246105   1,950,750 76,500 SH   SOLE   76,500 0 0
CALIFORNIA WATER SERVICE GRP EQUITY 130788102   951,930 21,000 SH   SOLE   21,000 0 0
CAPITAL CITY BANK GROUP INC EQUITY 139674105   2,767,075 75,500 SH   SOLE   75,500 0 0
CASELLA WASTE SYSTEMS INC-A EQUITY 147448104   1,269,720 12,000 SH   SOLE   12,000 0 0
CHAMPION HOMES INC EQUITY 830830105   378,830 4,300 SH   SOLE   4,300 0 0
CHART INDUSTRIES INC 6.750 12/15/25 SR:B CVT PREFERRED CONVER 16115Q407   246,680 3,500 SH   SOLE   3,500 0 0
CHROMADEX CORP EQUITY 171077407   132,625 25,000 SH   SOLE   25,000 0 0
CITIZENS & NORTHERN CORP EQUITY 172922106   241,800 13,000 SH   SOLE   13,000 0 0
COLUMBUS MCKINNON CORP/NY EQUITY 199333105   1,210,300 32,500 SH   SOLE   32,500 0 0
COMMERCIAL VEHICLE GROUP INC EQUITY 202608105   134,485 54,228 SH   SOLE   54,228 0 0
CONSOLIDATED WATER CO-ORD SH EQUITY G23773107   957,930 37,000 SH   SOLE   37,000 0 0
CORE MOLDING TECHNOLOGIES IN EQUITY 218683100   1,582,713 95,690 SH   SOLE   95,690 0 0
CTS CORP EQUITY 126501105   3,596,186 68,200 SH   SOLE   68,200 0 0
DAKTRONICS INC EQUITY 234264109   188,832 11,200 SH   SOLE   11,200 0 0
DANA INC EQUITY 235825205   286,110 24,750 SH   SOLE   24,750 0 0
DAWSON GEOPHYSICAL CO EQUITY 239360100   32,160 24,000 SH   SOLE   24,000 0 0
DENNY'S CORP EQUITY 24869P104   308,550 51,000 SH   SOLE   51,000 0 0
DHI GROUP INC EQUITY 23331S100   79,650 45,000 SH   SOLE   45,000 0 0
DIGI INTERNATIONAL INC EQUITY 253798102   241,840 8,000 SH   SOLE   8,000 0 0
DISTRIBUTION SOLUTIONS GROUP EQUITY 520776105   5,214,730 151,591 SH   SOLE   151,591 0 0
DUCOMMUN INC EQUITY 264147109   8,148,480 128,000 SH   SOLE   128,000 0 0
EASTERN CO/THE EQUITY 276317104   4,603,628 173,460 SH   SOLE   173,460 0 0
ELECTROMED INC EQUITY 285409108   1,038,446 35,142 SH   SOLE   35,142 0 0
ENERGY RECOVERY INC EQUITY 29270J100   411,600 28,000 SH   SOLE   28,000 0 0
EW SCRIPPS CO NEW EQUITY 811054402   663,000 300,000 SH   SOLE   300,000 0 0
EXELIXIS INC EQUITY 30161Q104   1,798,200 54,000 SH   SOLE   54,000 0 0
FARMER BROS CO EQUITY 307675108   654,856 363,809 SH   SOLE   363,809 0 0
FARMERS NATL BANC CORP EQUITY 309627107   568,800 40,000 SH   SOLE   40,000 0 0
FEDERAL SIGNAL CORP EQUITY 313855108   692,925 7,500 SH   SOLE   7,500 0 0
FIRST INTERNET BANCORP EQUITY 320557101   719,800 20,000 SH   SOLE   20,000 0 0
FLUOR CORP 1.125 08/15/29 CVT BOND CONVERTIBLE 343412AJ1   252,162 200,000 PRN   SOLE   200,000 0 0
FLUSHING FINANCIAL CORP EQUITY 343873105   3,355,800 235,000 SH   SOLE   235,000 0 0
FNB CORP EQUITY 302520101   1,049,380 71,000 SH   SOLE   71,000 0 0
FOSTER (LB) CO-A EQUITY 350060109   4,197,395 156,037 SH   SOLE   156,037 0 0
FRP HOLDINGS INC EQUITY 30292L107   1,072,050 35,000 SH   SOLE   35,000 0 0
FS BANCORP INC EQUITY 30263Y104   1,067,560 26,000 SH   SOLE   26,000 0 0
GAMBLING.COM GROUP LTD EQUITY G3R239101   704,000 50,000 SH   SOLE   50,000 0 0
GARRETT MOTION INC EQUITY 366505105   451,500 50,000 SH   SOLE   50,000 0 0
GENCOR INDUSTRIES INC EQUITY 368678108   4,765,500 270,000 SH   SOLE   270,000 0 0
GENIUS SPORTS LTD EQUITY G3934V109   173,000 20,000 SH   SOLE   20,000 0 0
GIBRALTAR INDUSTRIES INC EQUITY 374689107   3,504,550 59,500 SH   SOLE   59,500 0 0
GOLDEN ENTERTAINMENT INC EQUITY 381013101   3,207,400 101,500 SH   SOLE   101,500 0 0
GORMAN-RUPP CO EQUITY 383082104   1,858,080 49,000 SH   SOLE   49,000 0 0
GRAHAM CORP EQUITY 384556106   3,023,960 68,000 SH   SOLE   68,000 0 0
GRANITE CONSTRUCTION INC EQUITY 387328107   412,237 4,700 SH   SOLE   4,700 0 0
GRAY MEDIA INC EQUITY 389375106   781,956 248,240 SH   SOLE   248,240 0 0
GRAY MEDIA INC-A EQUITY 389375205   634,230 87,000 SH   SOLE   87,000 0 0
GYRODYNE LLC EQUITY 403829104   165,328 18,329 SH   SOLE   18,329 0 0
HALOZYME THERAPEUTICS IN 1.000 08/15/28 CVT BOND CONVERTIBLE 40637HAF6   324,345 300,000 PRN   SOLE   300,000 0 0
HANOVER BANCORP INC/NY EQUITY 410710206   322,770 14,000 SH   SOLE   14,000 0 0
HAWKINS INC EQUITY 420261109   785,088 6,400 SH   SOLE   6,400 0 0
HP ENTERPRISE CO 7.625 09/01/27 CVT PREFERRED CONVER 42824C208   313,550 5,000 SH   SOLE   5,000 0 0
I3 VERTICALS INC-CLASS A EQUITY 46571Y107   1,538,865 66,791 SH   SOLE   66,791 0 0
ICC HOLDINGS INC EQUITY 44931Q104   360,840 15,500 SH   SOLE   15,500 0 0
ICF INTERNATIONAL INC EQUITY 44925C103   357,630 3,000 SH   SOLE   3,000 0 0
IMAX CORP EQUITY 45245E109   768,000 30,000 SH   SOLE   30,000 0 0
INFUSYSTEM HOLDINGS INC EQUITY 45685K102   1,622,400 192,000 SH   SOLE   192,000 0 0
INNOVATIVE SOLUTIONS & SUPP EQUITY 45769N105   785,680 92,000 SH   SOLE   92,000 0 0
INSPIRED ENTERTAINMENT INC EQUITY 45782N108   2,054,350 227,000 SH   SOLE   227,000 0 0
INTEVAC INC EQUITY 461148108   656,200 193,000 SH   SOLE   193,000 0 0
KIMBALL ELECTRONICS INC EQUITY 49428J109   561,900 30,000 SH   SOLE   30,000 0 0
KKR & CO INC EQUITY 48251W104   3,076,528 20,800 SH   SOLE   20,800 0 0
LANDS' END INC EQUITY 51509F105   302,220 23,000 SH   SOLE   23,000 0 0
LEE ENTERPRISES EQUITY 523768406   223,178 15,100 SH   SOLE   15,100 0 0
LEGACY HOUSING CORP EQUITY 52472M101   1,357,400 55,000 SH   SOLE   55,000 0 0
LEMAITRE VASCULAR INC EQUITY 525558201   447,248 4,854 SH   SOLE   4,854 0 0
LIBERTY MEDIA CORP 2.250 08/15/27 CVT BOND CONVERTIBLE 531229AQ5   366,834 300,000 PRN   SOLE   300,000 0 0
LIFETIME BRANDS INC EQUITY 53222Q103   939,690 159,000 SH   SOLE   159,000 0 0
LIFEWAY FOODS INC EQUITY 531914109   200,880 8,100 SH   SOLE   8,100 0 0
LIMONEIRA CO EQUITY 532746104   3,302,100 135,000 SH   SOLE   135,000 0 0
LOGILITY SUPPLY CHAIN SOLUTI EQUITY 029683109   764,520 69,000 SH   SOLE   69,000 0 0
MANITOWOC COMPANY INC EQUITY 563571405   146,080 16,000 SH   SOLE   16,000 0 0
MARCUS CORPORATION EQUITY 566330106   1,823,200 84,800 SH   SOLE   84,800 0 0
MARINE PRODUCTS CORP EQUITY 568427108   2,274,160 248,000 SH   SOLE   248,000 0 0
MATERIALISE NV-ADR DEPOSITORY RECEI 57667T100   70,400 10,000 SH   SOLE   10,000 0 0
MEDALLION FINANCIAL CORP EQUITY 583928106   732,420 78,000 SH   SOLE   78,000 0 0
MESA LABORATORIES INC EQUITY 59064R109   210,992 1,600 SH   SOLE   1,600 0 0
MIDDLEBY CORP EQUITY 596278101   1,086,309 8,020 SH   SOLE   8,020 0 0
MIDDLESEX WATER CO EQUITY 596680108   263,150 5,000 SH   SOLE   5,000 0 0
MINERALS TECHNOLOGIES INC EQUITY 603158106   266,735 3,500 SH   SOLE   3,500 0 0
MITEK SYSTEMS INC EQUITY 606710200   1,240,995 111,500 SH   SOLE   111,500 0 0
MODINE MANUFACTURING CO EQUITY 607828100   347,790 3,000 SH   SOLE   3,000 0 0
MOVADO GROUP INC EQUITY 624580106   966,288 49,100 SH   SOLE   49,100 0 0
MSA SAFETY INC EQUITY 553498106   928,312 5,600 SH   SOLE   5,600 0 0
MYERS INDUSTRIES INC EQUITY 628464109   4,404,960 399,000 SH   SOLE   399,000 0 0
MYR GROUP INC/DELAWARE EQUITY 55405W104   1,041,390 7,000 SH   SOLE   7,000 0 0
NABORS INDUSTRIES INC 1.750 06/15/29 CVT BOND CONVERTIBLE 62957HAL9   215,457 300,000 PRN   SOLE   300,000 0 0
NATHAN'S FAMOUS INC EQUITY 632347100   6,084,414 77,400 SH   SOLE   77,400 0 0
NATURAL GROCERS BY VITAMIN C EQUITY 63888U108   476,640 12,000 SH   SOLE   12,000 0 0
NAVIGATOR HOLDINGS LTD EQUITY Y62132108   1,488,950 97,000 SH   SOLE   97,000 0 0
NEOGEN CORP EQUITY 640491106   2,259,982 186,160 SH   SOLE   186,160 0 0
NEOGENOMICS INC EQUITY 64049M209   875,088 53,100 SH   SOLE   53,100 0 0
NORTHERN OIL & GAS INC 3.625 04/15/29 CVT BOND CONVERTIBLE 665531AJ8   469,660 400,000 PRN   SOLE   400,000 0 0
NORTHRIM BANCORP INC EQUITY 666762109   311,760 4,000 SH   SOLE   4,000 0 0
OIL-DRI CORP OF AMERICA EQUITY 677864100   762,468 8,700 SH   SOLE   8,700 0 0
ON SEMICONDUCTOR CORP 0.500 03/01/29 CVT BOND CONVERTIBLE 682189AU9   377,580 400,000 PRN   SOLE   400,000 0 0
OOMA INC EQUITY 683416101   421,800 30,000 SH   SOLE   30,000 0 0
OPENLANE INC EQUITY 48238T109   615,040 31,000 SH   SOLE   31,000 0 0
OPKO HEALTH INC EQUITY 68375N103   220,500 150,000 SH   SOLE   150,000 0 0
OPTION CARE HEALTH INC EQUITY 68404L201   487,200 21,000 SH   SOLE   21,000 0 0
ORTHOFIX MEDICAL INC EQUITY 68752M108   352,692 20,200 SH   SOLE   20,200 0 0
PACIFIC PREMIER BANCORP INC EQUITY 69478X105   211,820 8,500 SH   SOLE   8,500 0 0
PAGERDUTY INC. 1.500 10/15/28 SR: CVT BOND CONVERTIBLE 69553PAD2   194,902 200,000 PRN   SOLE   200,000 0 0
PARK AEROSPACE CORP EQUITY 70014A104   855,560 58,400 SH   SOLE   58,400 0 0
PARK-OHIO HOLDINGS CORP EQUITY 700666100   4,255,740 162,000 SH   SOLE   162,000 0 0
PG&E CORP 6.000 12/01/27 SR:A CVT PREFERRED CONVER 69331C306   214,097 4,300 SH   SOLE   4,300 0 0
PITNEY BOWES INC EQUITY 724479100   362,000 50,000 SH   SOLE   50,000 0 0
PLAYSTUDIOS INC EQUITY 72815G108   45,756 24,600 SH   SOLE   24,600 0 0
PPL CAPITAL FUNDING INC 2.875 03/15/28 CVT BOND CONVERTIBLE 69352PAS2   522,300 500,000 PRN   SOLE   500,000 0 0
PRIMIS FINANCIAL CORP EQUITY 74167B109   174,900 15,000 SH   SOLE   15,000 0 0
PURSUIT ATTRACTIONS AND HOSP EQUITY 92552R406   1,360,320 32,000 SH   SOLE   32,000 0 0
READING INTERNATIONAL INC-A EQUITY 755408101   225,060 170,500 SH   SOLE   170,500 0 0
READING INTERNATIONAL INC-B EQUITY 755408200   633,505 74,530 SH   SOLE   74,530 0 0
RED VIOLET INC EQUITY 75704L104   362,000 10,000 SH   SOLE   10,000 0 0
REDFIN CORP 0.500 04/01/27 CVT BOND CONVERTIBLE 75737FAE8   193,098 250,000 PRN   SOLE   250,000 0 0
REDWOOD TRUST INC 7.750 06/15/27 CVT BOND CONVERTIBLE 758075AF2   245,160 250,000 PRN   SOLE   250,000 0 0
RENASANT CORP EQUITY 75970E107   912,698 25,530 SH   SOLE   25,530 0 0
RGC RESOURCES INC EQUITY 74955L103   1,908,308 95,130 SH   SOLE   95,130 0 0
RPC INC EQUITY 749660106   344,520 58,000 SH   SOLE   58,000 0 0
RUSH ENTERPRISES INC - CL B EQUITY 781846308   2,852,656 52,400 SH   SOLE   52,400 0 0
RUSH ENTERPRISES INC-CL A EQUITY 781846209   547,900 10,000 SH   SOLE   10,000 0 0
SANDY SPRING BANCORP INC EQUITY 800363103   573,070 17,000 SH   SOLE   17,000 0 0
SAREPTA THERAPEUTICS INC 1.250 09/15/27 CVT BOND CONVERTIBLE 803607AD2   386,540 350,000 PRN   SOLE   350,000 0 0
SILVERCREST ASSET MANAGEME-A EQUITY 828359109   1,092,366 59,400 SH   SOLE   59,400 0 0
SINCLAIR INC EQUITY 829242106   458,376 28,400 SH   SOLE   28,400 0 0
SKYWATER TECHNOLOGY INC EQUITY 83089J108   972,679 70,484 SH   SOLE   70,484 0 0
SOUTHERN FIRST BANCSHARES EQUITY 842873101   874,500 22,000 SH   SOLE   22,000 0 0
SPORTSMAN'S WAREHOUSE HOLDIN EQUITY 84920Y106   166,074 62,200 SH   SOLE   62,200 0 0
STANDARD MOTOR PRODS EQUITY 853666105   1,028,536 33,200 SH   SOLE   33,200 0 0
STANDEX INTERNATIONAL CORP EQUITY 854231107   336,582 1,800 SH   SOLE   1,800 0 0
STEEL PARTNERS HOLDINGS LP EQUITY UNIT 85814R107   553,280 13,000 SH   SOLE   13,000 0 0
STELLAR BANCORP INC EQUITY 858927106   1,701,000 60,000 SH   SOLE   60,000 0 0
STONERIDGE INC EQUITY 86183P102   238,260 38,000 SH   SOLE   38,000 0 0
STRATASYS LTD EQUITY M85548101   88,900 10,000 SH   SOLE   10,000 0 0
SUNNOVA ENERGY INTL INC 2.625 02/15/28 CVT BOND CONVERTIBLE 86745KAH7   78,838 200,000 PRN   SOLE   200,000 0 0
TEJON RANCH CO EQUITY 879080109   1,351,500 85,000 SH   SOLE   85,000 0 0
TENNANT CO EQUITY 880345103   807,147 9,900 SH   SOLE   9,900 0 0
TITAN INTERNATIONAL INC EQUITY 88830M102   139,195 20,500 SH   SOLE   20,500 0 0
TITAN MACHINERY INC EQUITY 88830R101   1,219,419 86,300 SH   SOLE   86,300 0 0
TKO GROUP HOLDINGS INC EQUITY 87256C101   355,275 2,500 SH   SOLE   2,500 0 0
TOWNSQUARE MEDIA INC - CL A EQUITY 892231101   1,063,530 117,000 SH   SOLE   117,000 0 0
TRANSACT TECHNOLOGIES INC EQUITY 892918103   132,925 32,500 SH   SOLE   32,500 0 0
TREDEGAR CORP EQUITY 894650100   929,280 121,000 SH   SOLE   121,000 0 0
TWIN DISC INC EQUITY 901476101   1,180,875 100,500 SH   SOLE   100,500 0 0
TYLER TECHNOLOGIES INC EQUITY 902252105   576,640 1,000 SH   SOLE   1,000 0 0
UBER TECHNOLOGIES INC 0.875 12/01/28 SR:2028 CVT BOND CONVERTIBLE 90353TAM2   220,716 200,000 PRN   SOLE   200,000 0 0
ULTRA CLEAN HOLDINGS INC EQUITY 90385V107   1,660,890 46,200 SH   SOLE   46,200 0 0
ULTRALIFE CORP EQUITY 903899102   826,950 111,000 SH   SOLE   111,000 0 0
UNITED BANKSHARES INC EQUITY 909907107   277,870 7,400 SH   SOLE   7,400 0 0
UNITED GUARDIAN INC EQUITY 910571108   517,779 54,161 SH   SOLE   54,161 0 0
UNIVERSAL TECHNICAL INSTITUT EQUITY 913915104   1,537,458 59,800 SH   SOLE   59,800 0 0
VALLEY NATIONAL BANCORP EQUITY 919794107   398,640 44,000 SH   SOLE   44,000 0 0
VALUE LINE INC EQUITY 920437100   1,652,640 31,300 SH   SOLE   31,300 0 0
VILLAGE SUPER MARKET-CLASS A EQUITY 927107409   972,645 30,500 SH   SOLE   30,500 0 0
VISHAY PRECISION GROUP EQUITY 92835K103   1,056,432 45,012 SH   SOLE   45,012 0 0
WABASH NATIONAL CORP EQUITY 929566107   750,294 43,800 SH   SOLE   43,800 0 0
WASHINGTON TRUST BANCORP EQUITY 940610108   1,043,328 33,280 SH   SOLE   33,280 0 0
WATERSTONE FINANCIAL INC EQUITY 94188P101   806,400 60,000 SH   SOLE   60,000 0 0
WESTERN NEW ENGLAND BANCORP EQUITY 958892101   625,600 68,000 SH   SOLE   68,000 0 0
WILLAMETTE VALLEY VINEYARDS EQUITY 969136100   77,050 23,000 SH   SOLE   23,000 0 0
WILLDAN GROUP INC EQUITY 96924N100   761,800 20,000 SH   SOLE   20,000 0 0
WINNEBAGO INDUSTRIES EQUITY 974637100   931,710 19,500 SH   SOLE   19,500 0 0
YORK WATER CO EQUITY 987184108   1,199,515 36,660 SH   SOLE   36,660 0 0
ZIMVIE INC EQUITY 98888T107   1,032,300 74,000 SH   SOLE   74,000 0 0