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
1-800-Flowers.com Inc COM 68243Q106   325,409 66,140 SH   SOLE   55,220 0 10,920
ACCO Brands COM 00081T108   760,832 212,523 SH   SOLE   177,363 0 35,160
AXT Inc COM 00246W103   3,836,542 1,835,666 SH   SOLE   1,192,295 0 643,371
Abacus Global Management Inc COM 00258y104   617,124 120,063 SH   SOLE   100,203 0 19,860
Acacia Research Corp COM 003881307   3,072,761 858,313 SH   SOLE   557,576 0 300,737
Alico Inc COM 016230104   9,792,758 299,656 SH   SOLE   194,658 0 104,998
Alpine Income Property Trust COM 02083X103   4,111,857 279,528 SH   SOLE   181,612 0 97,916
American Integrity Insurance COM 026948109   3,614,371 196,540 SH   SOLE   127,612 0 68,928
American Public Education COM 02913V103   6,223,983 204,333 SH   SOLE   132,695 0 71,638
Amtech Systems COM 032332504   2,936,469 661,367 SH   SOLE   429,495 0 231,872
Asure Software COM 04649U102   7,120,193 729,528 SH   SOLE   487,633 0 241,895
Aviat Networks Inc COM 05366Y201   5,567,094 231,480 SH   SOLE   150,280 0 81,200
BGSF Inc COM 05601C105   2,568,441 403,209 SH   SOLE   261,947 0 141,262
Banc of California Inc COM 05990K106   1,189,361 84,652 SH   SOLE   70,632 0 14,020
Bankwell Financial Group COM 06654A103   6,363,799 176,625 SH   SOLE   114,725 0 61,900
Barrett Business Services Inc COM 068463108   5,013,056 120,246 SH   SOLE   84,906 0 35,340
Benchmark Electronics, Inc COM 08160H101   715,093 18,416 SH   SOLE   15,346 0 3,070
Bloomin Brands COM 094235108   549,576 63,830 SH   SOLE   53,260 0 10,570
Bowman Consulting Grp COM 103002101   7,413,130 257,848 SH   SOLE   167,510 0 90,338
Brandywine Realty Trust COM 105368203   752,067 175,307 SH   SOLE   146,267 0 29,040
Bridgewater Bancshares COM 108621103   1,095,929 68,883 SH   SOLE   57,413 0 11,470
Build A Bear Workshop COM 120076104   11,030,489 213,935 SH   SOLE   138,908 0 75,027
Business First Bancshares Inc COM 12326C105   1,115,758 45,264 SH   SOLE   37,774 0 7,490
CPI Card Group COM 12634H200   5,302,867 223,561 SH   SOLE   145,163 0 78,398
Caleres Inc COM 129500104   683,477 55,931 SH   SOLE   46,681 0 9,250
California Bancorp COM 84252A106   946,719 60,071 SH   SOLE   50,121 0 9,950
Capital Bancorp COM 139737100   6,878,762 204,847 SH   SOLE   133,011 0 71,836
Carters COM 146229109   679,823 22,563 SH   SOLE   18,873 0 3,690
Cheesecake Factory COM 163072101   669,021 10,677 SH   SOLE   8,897 0 1,780
Coastal Financial COM 19046P209   1,733,876 17,899 SH   SOLE   14,939 0 2,960
Cohu Inc COM 192576106   845,425 43,941 SH   SOLE   36,661 0 7,280
Colony Bankcorp COM 19623P101   6,591,920 400,238 SH   SOLE   260,011 0 140,227
Columbus McKinnon Corp COM 199333105   293,031 19,190 SH   SOLE   15,990 0 3,200
Composecure COM 20459V105   891,136 63,246 SH   SOLE   52,768 0 10,478
Comtech Telecom Corp COM 205826209   1,192,471 486,723 SH   SOLE   316,213 0 170,510
ConnectOne Bancorp COM 20786W107   1,093,036 47,195 SH   SOLE   39,445 0 7,750
Cooper Standard Hlds COM 21676P103   5,277,605 245,470 SH   SOLE   159,391 0 86,079
Core Molding Technologies COM 218683100   2,514,098 151,543 SH   SOLE   98,435 0 53,108
Customers Bancorp COM 23204G100   1,507,856 25,670 SH   SOLE   21,420 0 4,250
DHI Group COM 23331S100   9,689,093 3,262,321 SH   SOLE   2,119,516 0 1,142,805
DMC Global Inc COM 23291C103   4,795,490 594,974 SH   SOLE   397,878 0 197,096
DXP Enterprises, Inc COM 233377407   982,294 11,207 SH   SOLE   9,367 0 1,840
Daktronics, Inc COM 234264109   675,743 44,692 SH   SOLE   37,322 0 7,370
Designer Brands COM 250565108   416,426 174,969 SH   SOLE   145,799 0 29,170
Destination XL Group COM 25065K104   1,332,309 1,200,278 SH   SOLE   779,733 0 420,545
Douglas Dynamics Inc COM 25960R105   894,915 30,367 SH   SOLE   25,347 0 5,020
EPlus Inc COM 294268107   715,593 9,925 SH   SOLE   8,285 0 1,640
Edgewell Personal Care COM 28035Q102   437,627 18,694 SH   SOLE   15,614 0 3,080
Enerpac Tool Group COM 292765104   321,316 7,922 SH   SOLE   6,632 0 1,290
Ennis Inc COM 293389102   517,589 28,533 SH   SOLE   23,833 0 4,700
Esquire Financial Hld COM 29667J101   3,549,845 37,501 SH   SOLE   24,356 0 13,145
FS Bancorp COM 30263Y104   8,607,168 218,567 SH   SOLE   141,986 0 76,581
First Business Financial Servi COM 319390100   7,494,843 147,944 SH   SOLE   96,123 0 51,821
First Financial Corp COM 320218100   973,794 17,970 SH   SOLE   15,000 0 2,970
Five Star Bancorp COM 33830T103   5,868,081 205,609 SH   SOLE   138,735 0 66,874
Forrester Research COM 346563109   4,073,197 411,434 SH   SOLE   267,170 0 144,264
Gbank Financial Holdings COM 36166F100   524,139 14,802 SH   SOLE   12,352 0 2,450
Genasys COM 36872P103   1,914,479 1,106,635 SH   SOLE   718,392 0 388,243
GigaCloud Tech Cls A COM G38644103   812,028 41,053 SH   SOLE   34,263 0 6,790
Global Medical REIT COM 37954A204   4,717,320 680,710 SH   SOLE   460,929 0 219,781
Global Net Lease REIT COM 379378201   563,728 74,666 SH   SOLE   62,319 0 12,347
Guess Inc COM 401617105   822,422 68,025 SH   SOLE   56,755 0 11,270
Hackett Group, Inc COM 404609109   695,542 27,362 SH   SOLE   22,832 0 4,530
Hamilton Beach Brands Hld COM 40701T104   5,991,200 334,891 SH   SOLE   217,523 0 117,368
Hanesbrands COM 410345102   719,019 156,991 SH   SOLE   131,321 0 25,670
Healthcare Services Group Inc COM 421906108   1,419,629 94,453 SH   SOLE   78,903 0 15,550
Heidrick & Struggles Intl COM 422819102   1,260,047 27,536 SH   SOLE   22,986 0 4,550
Helen of Troy Corp COM G4388N106   698,489 24,612 SH   SOLE   20,532 0 4,080
Heritage Financial COM 42722X106   1,000,446 41,965 SH   SOLE   35,025 0 6,940
Heritage Insurance Hlds Inc COM 42727J102   8,995,434 360,683 SH   SOLE   234,209 0 126,474
Home Bancorp, Inc COM 43689E107   4,430,866 85,571 SH   SOLE   55,594 0 29,977
Horizon Bancorp COM 440407104   6,042,833 392,902 SH   SOLE   255,256 0 137,646
Hudson Technologies COM 444144109   841,070 103,580 SH   SOLE   86,420 0 17,160
Hurco Companies Inc COM 447324104   3,392,720 179,509 SH   SOLE   116,677 0 62,832
Ichor Holdings COM G4740B105   411,065 20,930 SH   SOLE   17,460 0 3,470
InTest Corp COM 461147100   4,013,042 551,242 SH   SOLE   358,156 0 193,086
JAKKS Pacific Inc COM 47012E403   6,915,896 332,815 SH   SOLE   216,082 0 116,733
Kelly Services Cls A COM 488152208   886,096 75,670 SH   SOLE   63,150 0 12,520
Kimball Electronics COM 49428J109   6,510,855 338,578 SH   SOLE   219,896 0 118,682
Koppers Holdings COM 50060P106   1,105,896 34,398 SH   SOLE   28,698 0 5,700
Lakeland Industries COM 511795106   6,554,140 481,568 SH   SOLE   310,850 0 170,718
Lifetime Brands Inc COM 53222Q103   2,683,646 526,205 SH   SOLE   341,800 0 184,405
Lincoln Education Services COM 533535100   5,414,191 234,889 SH   SOLE   152,531 0 82,358
Matrix Service Co COM 576853105   481,429 35,635 SH   SOLE   29,745 0 5,890
Metropolitan Bank Hld COM 591774104   10,986,430 156,949 SH   SOLE   106,008 0 50,941
Miller Industries Inc COM 600551204   4,338,318 97,578 SH   SOLE   63,392 0 34,186
Mistras Group Inc COM 60649T107   2,375,902 296,617 SH   SOLE   198,450 0 98,167
MotorCar Parts of America Inc COM 620071100   10,118,898 903,473 SH   SOLE   586,667 0 316,806
NN Inc COM 629337106   917,112 436,720 SH   SOLE   283,672 0 153,048
NPK International COM 651718504   414,071 48,657 SH   SOLE   40,627 0 8,030
NWPX Infrastructure COM 667746101   8,760,064 213,608 SH   SOLE   138,710 0 74,898
National Cinemedia COM 635309206   376,767 77,764 SH   SOLE   64,884 0 12,880
Natural Gas Services Group Inc COM 63886Q109   10,330,272 400,243 SH   SOLE   260,002 0 140,241
Northeast Bank COM 66405S100   10,972,645 123,302 SH   SOLE   83,481 0 39,821
One Stop Systems COM 68247W109   1,614,796 454,872 SH   SOLE   295,677 0 159,195
Orrstown Financial Services COM 687380105   4,933,714 155,002 SH   SOLE   100,622 0 54,380
PAMT Corp COM 693149106   1,964,438 152,637 SH   SOLE   99,135 0 53,502
PC Connection COM 69318J100   617,280 9,384 SH   SOLE   7,834 0 1,550
PRA Group COM 69354N106   392,040 26,579 SH   SOLE   22,149 0 4,430
Parke Bancorp COM 700885106   6,271,271 307,868 SH   SOLE   200,054 0 107,814
Pathward Financial Inc COM 59100U108   1,280,953 16,190 SH   SOLE   13,520 0 2,670
Penguin Solutions COM G8232Y101   942,738 47,589 SH   SOLE   39,709 0 7,880
Perdoceo Education Corp. COM 71363P106   1,437,020 43,959 SH   SOLE   36,689 0 7,270
Photronics Inc COM 719405102   1,254,605 66,628 SH   SOLE   55,608 0 11,020
QCR Holdings Inc COM 74727A104   902,119 13,286 SH   SOLE   11,116 0 2,170
RCM Technologies COM 749360400   4,424,796 187,730 SH   SOLE   121,866 0 65,864
Red Robin Gourmet Burgers COM 75689M101   7,559,360 1,305,589 SH   SOLE   847,676 0 457,913
Resources Connection COM 76122Q105   268,339 49,970 SH   SOLE   41,720 0 8,250
Ribbon Communications Inc COM 762544104   943,669 235,329 SH   SOLE   196,189 0 39,140
Rimini Street Inc. COM 76674Q107   6,526,564 1,731,184 SH   SOLE   1,173,473 0 557,711
Riverview Bancorp COM 769397100   3,483,997 633,454 SH   SOLE   411,285 0 222,169
Sensus Healthcare COM 81728J109   2,155,567 454,761 SH   SOLE   295,301 0 159,460
Shimmick COM 82455M109   789,264 461,558 SH   SOLE   300,126 0 161,432
Shyft Group Inc COM 825698103   581,417 46,365 SH   SOLE   38,695 0 7,670
Silvercrest Asset Mgmnt Cls A COM 828359109   3,441,049 216,964 SH   SOLE   140,974 0 75,990
Sleep Number Corp COM 83125X103   5,284,349 782,287 SH   SOLE   504,465 0 277,822
Smith Micro Software COM 832154405   477,891 554,526 SH   SOLE   359,494 0 195,032
Stagwell Inc COM 85256A109   1,129,023 250,894 SH   SOLE   209,384 0 41,510
Standard Motor COM 853666105   434,196 14,134 SH   SOLE   11,794 0 2,340
Strattec Security COM 863111100   9,205,027 147,967 SH   SOLE   96,684 0 51,283
Sunrise Realty Trust COM 867981102   2,535,160 239,166 SH   SOLE   155,277 0 83,889
Tilly's Inc Cls A COM 886885102   687,948 498,513 SH   SOLE   324,017 0 174,496
TrueBlue Inc COM 89785X101   461,285 71,186 SH   SOLE   59,396 0 11,790
Twin Disc Inc COM 901476101   4,923,776 557,619 SH   SOLE   362,192 0 195,427
USCB Financial Hlds COM 90355N101   5,940,903 359,184 SH   SOLE   233,389 0 125,795
Ultra Clean Holdings COM 90385V107   779,568 34,540 SH   SOLE   28,820 0 5,720
Unity Bancorp COM 913290102   7,419,478 157,593 SH   SOLE   102,379 0 55,214
Universal Electronics Inc COM 913483103   2,442,039 368,888 SH   SOLE   239,605 0 129,283
Universal Logistics COM 91388P105   392,882 15,480 SH   SOLE   12,920 0 2,560
Versabank COM 92512J106   7,026,914 616,396 SH   SOLE   400,244 0 216,152
Wabash National Corp. COM 929566107   867,025 81,564 SH   SOLE   68,054 0 13,510
West Bancorporation COM 95123P106   2,548,131 129,808 SH   SOLE   84,254 0 45,554
Zumiez Inc COM 989817101   281,337 21,217 SH   SOLE   17,727 0 3,490