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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CUSTOMERS BANCORP INC COM 23204G100 6,039 329,831 SH   SOLE   10,000 0 319,831
ENOVA INTL INC COM 29357K103 2,332 102,192 SH   SOLE   16,256 0 85,936
ISHARES US ETF TR SHT MAT BD ETF 46431W507 1,145 22,800 SH   SOLE   0 0 22,800
VANECK VECTORS ETF TR PFD SECS EX FINL 92189F429 384 19,786 SH   SOLE   0 0 19,786
UNIQUE FABRICATING INC COM 90915J103 1,320 294,050 SH   SOLE   113,325 0 180,725
VOLT INFORMATION SCIENCES IN COM 928703107 3,148 669,686 SH   SOLE   45,346 0 624,340
VENATOR MATLS PLC SHS G9329Z100 646 115,000 SH   SOLE   115,000 0 0
AEGION CORP COM 00770F104 5,840 332,377 SH   SOLE   79,750 0 252,627
ANDERSONS INC COM 034164103 3,600 111,700 SH   SOLE   0 0 111,700
AROTECH CORP COM NEW 042682203 234 79,830 SH   SOLE   0 0 79,830
ASV HLDGS INC COM 00215L104 1,644 597,938 SH   SOLE   100,000 0 497,938
NATUS MEDICAL INC DEL COM 639050103 1,668 65,736 SH   SOLE   32,000 0 33,736
BANK COMM HLDGS COM 06424J103 675 64,001 SH   SOLE   61,645 0 2,356
CAMTEK LTD ORD M20791105 3,472 389,190 SH   SOLE   41,000 0 348,190
AMERICAS CAR MART INC COM 03062T105 1,110 12,148 SH   SOLE   7,600 0 4,548
CERAGON NETWORKS LTD ORD M22013102 2,581 718,865 SH   SOLE   304,550 0 414,315
CISCO SYS INC COM 17275R102 518 9,602 SH   SOLE   511 0 9,091
CUI GLOBAL INC COM NEW 126576206 576 488,394 SH   SOLE   0 0 488,394
DOLPHIN ENTMT INC COM 25686H100 305 185,051 SH   SOLE   185,051 0 0
ISHARES TR SELECT DIVID ETF 464287168 231 2,350 SH   SOLE   0 0 2,350
DAWSON GEOPHYSICAL CO NEW COM 239360100 1,577 538,120 SH   SOLE   0 0 538,120
DESTINATION XL GROUP INC COM 25065K104 1,101 449,272 SH   SOLE   207,536 0 241,736
EAST WEST BANCORP INC COM 27579R104 8,839 184,251 SH   SOLE   29,452 0 154,798
EZCORP INC CL A NON VTG 302301106 6,613 709,569 SH   SOLE   142,475 0 567,094
FOSTER L B CO COM 350060109 2,391 127,021 SH   SOLE   0 0 127,021
STEALTHGAS INC SHS Y81669106 1,431 408,735 SH   SOLE   50,000 0 358,735
HOPE BANCORP INC COM 43940T109 5,521 422,088 SH   SOLE   79,801 0 342,287
INSTEEL INDUSTRIES INC COM 45774W108 610 29,164 SH   SOLE   0 0 29,164
FIRST INTERNET BANCORP COM 320557101 393 20,353 SH   SOLE   0 0 20,353
INNOSPEC INC COM 45768S105 12,890 154,654 SH   SOLE   22,200 0 132,454
LAKELAND INDS INC COM 511795106 1,571 133,779 SH   SOLE   0 0 133,779
LIMONEIRA CO COM 532746104 3,824 162,499 SH   SOLE   48,017 0 114,482
LANDSTAR SYS INC COM 515098101 252 2,300 SH   SOLE   0 0 2,300
LUNA INNOVATIONS COM 550351100 1,690 405,383 SH   SOLE   359,796 0 45,587
MITCHAM INDS INC COM 606501104 1,214 308,809 SH   SOLE   0 0 308,809
MOBILE MINI INC COM 60740F105 5,186 152,808 SH   SOLE   0 0 152,808
MIND C T I LTD ORD M70240102 83 38,568 SH   SOLE   38,568 0 0
MANITEX INTL INC COM 563420108 3,866 505,361 SH   SOLE   279,820 0 225,541
MICROSOFT CORP COM 594918104 513 4,350 SH   SOLE   0 0 4,350
MATRIX SVC CO COM 576853105 6,670 340,658 SH   SOLE   12,600 0 328,058
NATURES SUNSHINE PRODUCTS IN COM 639027101 5,986 644,363 SH   SOLE   176,557 0 467,806
NORTHERN TECH INTL CORP COM 665809109 767 28,664 SH   SOLE   0 0 28,664
NV5 GLOBAL INC COM 62945V109 9,159 154,295 SH   SOLE   16,600 0 137,695
NATIONAL WESTN LIFE GROUP IN CL A 638517102 4,730 18,020 SH   SOLE   3,001 0 15,019
NORTHWEST PIPE CO COM 667746101 5,043 210,117 SH   SOLE   0 0 210,117
PRO-DEX INC COLO COM NEW 74265M205 145 10,000 SH   SOLE   10,000 0 0
ISHARES TR PFD AND INCM SEC 464288687 444 12,143 SH   SOLE   0 0 12,143
POINTER TELOCATION LTD SHS M7946T104 499 31,876 SH   SOLE   13,300 0 18,576
PERMA PIPE INTL HLDGS INC COM 714167103 1,785 203,032 SH   SOLE   46,882 0 156,150
PIONEER PWR SOLUTIONS INC COM NEW 723836300 1,384 284,760 SH   SOLE   75,000 0 209,760
PROTECTIVE INS CORP CL B 74368L203 3,219 173,791 SH   SOLE   0 0 173,791
RICHARDSON ELECTRS LTD COM 763165107 343 50,600 SH   SOLE   50,600 0 0
SALEM MEDIA GROUP INC CL A 794093104 920 359,929 SH   SOLE   5,000 0 354,929
SUPERIOR GRP OF COMPANIES IN COM 868358102 3,473 208,977 SH   SOLE   0 0 208,977
SILICOM LTD ORD M84116108 4,753 124,274 SH   SOLE   3,000 0 121,274
SUPERCOM LTD NEW SHS NEW M87095119 323 227,123 SH   SOLE   0 0 227,123
STERLING CONSTRUCTION CO INC COM 859241101 789 63,000 SH   SOLE   63,000 0 0
TRIDENT ACQUISITIONS CORP UNIT 05/09/2023 89615T205 721 140,000 SH   SOLE   140,000 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 2,796 981,224 SH   SOLE   0 0 981,224
TETRA TECH INC NEW COM 88162G103 12,967 217,604 SH   SOLE   51,000 0 166,604
VEON LTD SPONSORED ADR 91822M106 28 13,300 SH   SOLE   13,300 0 0
VSE CORP COM 918284100 491 15,545 SH   SOLE   0 0 15,545
ORCHIDS PAPER PRODS CO DEL COM 68572N104 280 225,845 SH   SOLE   79,900 0 145,945
ABBOTT LABS COM 002824100 404 5,053 SH   SOLE   0 0 5,053
ACME UTD CORP COM 004816104 1,478 92,405 SH   SOLE   29,000 0 63,405
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 356 48,900 SH   SOLE   0 0 48,900
FEDERAL AGRIC MTG CORP CL C 313148306 6,210 85,740 SH   SOLE   12,378 0 73,362
AMERICAN WTR WKS CO INC NEW COM 030420103 6,895 66,128 SH   SOLE   11,302 0 54,825
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 2,848 51,989 SH   SOLE   0 0 51,989
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 589 2,934 SH   SOLE   200 0 2,734
CHINA FD INC COM 169373107 1,278 62,687 SH   SOLE   452 0 62,235
CRAWFORD & CO CL A 224633206 7,029 760,678 SH   SOLE   160,154 0 600,524
CVS HEALTH CORP COM 126650100 329 6,100 SH   SOLE   0 0 6,100
CPI AEROSTRUCTURES INC COM NEW 125919308 71 10,950 SH   SOLE   0 0 10,950
CHEVRON CORP NEW COM 166764100 319 2,590 SH   SOLE   0 0 2,590
DISCOVER FINL SVCS COM 254709108 945 13,275 SH   SOLE   0 0 13,275
QUEST DIAGNOSTICS INC COM 74834L100 220 2,450 SH   SOLE   0 0 2,450
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 162 17,500 SH   SOLE   17,500 0 0
GENERAL ELECTRIC CO COM 369604103 1,810 181,145 SH   SOLE   0 0 181,145
GENWORTH FINL INC COM CL A 37247D106 2,809 733,302 SH   SOLE   0 0 733,302
GP STRATEGIES CORP COM 36225V104 1,812 149,157 SH   SOLE   0 0 149,157
INVESCO ACTIVELY MANAGD ETF ULTRA SHRT DUR 46090A887 900 17,893 SH   SOLE   0 0 17,893
HUNTSMAN CORP COM 447011107 5,921 263,266 SH   SOLE   0 0 263,266
INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 1,789 38,800 SH   SOLE   0 0 38,800
ISHARES TR U.S. MED DVC ETF 464288810 509 2,200 SH   SOLE   0 0 2,200
ISHARES TR CORE S&P MCP ETF 464287507 805 4,250 SH   SOLE   0 0 4,250
ISHARES TR CORE S&P SCP ETF 464287804 332 4,300 SH   SOLE   0 0 4,300
ISHARES TR CORE S&P500 ETF 464287200 1,039 3,650 SH   SOLE   0 0 3,650
JACOBS ENGR GROUP INC COM 469814107 16,287 216,616 SH   SOLE   42,900 0 173,716
JEFFERIES FINL GROUP INC COM 47233W109 4,096 218,003 SH   SOLE   25,000 0 193,003
JOHNSON & JOHNSON COM 478160104 370 2,646 SH   SOLE   0 0 2,646
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 1,157 131,965 SH   SOLE   7,208 0 124,756
KRATON CORPORATION COM 50077C106 5,113 158,897 SH   SOLE   0 0 158,897
LYDALL INC DEL COM 550819106 2,519 107,362 SH   SOLE   0 0 107,362
LSB INDS INC COM 502160104 629 100,795 SH   SOLE   0 0 100,795
MILLER INDS INC TENN COM NEW 600551204 2,435 78,923 SH   SOLE   0 0 78,923
ALTRIA GROUP INC COM 02209S103 267 4,643 SH   SOLE   0 0 4,643
MARATHON PETE CORP COM 56585A102 298 4,986 SH   SOLE   0 0 4,986
OWENS ILL INC COM NEW 690768403 4,691 247,167 SH   SOLE   16,400 0 230,767
PG&E CORP COM 69331C108 3,054 171,577 SH   SOLE   32,200 0 139,377
PFIZER INC COM 717081103 368 8,662 SH   SOLE   507 0 8,155
PROCTER AND GAMBLE CO COM 742718109 229 2,200 SH   SOLE   0 0 2,200
RENAISSANCERE HOLDINGS LTD COM G7496G103 3,238 22,562 SH   SOLE   0 0 22,562
SERVICE CORP INTL COM 817565104 10,806 269,142 SH   SOLE   21,744 0 247,397
TUTOR PERINI CORP COM 901109108 6,595 384,533 SH   SOLE   0 0 384,533
TRAVELERS COMPANIES INC COM 89417E109 6,481 47,254 SH   SOLE   219 0 47,034
TUPPERWARE BRANDS CORP COM 899896104 1,666 65,123 SH   SOLE   14,350 0 50,773
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 361 2,092 SH   SOLE   0 0 2,092
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 398 1,533 SH   SOLE   0 0 1,533
VISTRA ENERGY CORP COM 92840M102 8,341 320,427 SH   SOLE   0 0 320,427
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,266 8,750 SH   SOLE   0 0 8,750
WIDEPOINT CORP COM 967590100 481 1,058,508 SH   SOLE   551,724 0 506,784
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 323 12,550 SH   SOLE   0 0 12,550
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 285 3,850 SH   SOLE   0 0 3,850
APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 7 15,000 SH   SOLE   15,000 0 0