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 6,564 275,699 SH   SOLE   10,000 0 265,699
ISHARES US ETF TR SHT MAT BD ETF 46431W507 3,072 61,130 SH   SOLE   0 0 61,130
VANECK VECTORS ETF TRU ST PFD SECS EX FINL 92189F429 319 15,786 SH   SOLE   0 0 15,786
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 213 3,675 SH   SOLE   0 0 3,675
UNIQUE FABRICATING INC COM 90915J103 983 254,790 SH   SOLE   113,325 0 141,465
VOLT INFORMATION SCIENCES IN COM 928703107 1,204 485,605 SH   SOLE   25,346 0 460,259
AEGION CORP COM 00770F104 2,939 131,359 SH   SOLE   0 0 131,359
ANDERSONS INC COM 034164103 2,765 109,367 SH   SOLE   150 0 109,217
BANK COMM HLDGS COM 06424J103 740 64,001 SH   SOLE   61,645 0 2,356
CAMTEK LTD ORD M20791105 1,251 115,487 SH   SOLE   41,000 0 74,487
CERAGON NETWORKS LTD ORD M22013102 2,916 1,388,535 SH   SOLE   280,550 0 1,107,985
CISCO SYS INC COM 17275R102 576 12,012 SH   SOLE   521 0 11,491
DAKTRONICS INC COM 234264109 74 12,100 SH   SOLE   12,100 0 0
DOLPHIN ENTMT INC COM 25686H100 52 74,240 SH   SOLE   74,240 0 0
ISHARES TR SELECT DIVID ETF 464287168 248 2,350 SH   SOLE   0 0 2,350
DAWSON GEOPHYSICAL CO NEW COM 239360100 728 303,495 SH   SOLE   0 0 303,495
DESTINATION XL GROUP INC COM 25065K104 210 164,399 SH   SOLE   131,899 0 32,500
EASTSIDE DISTILLING INC COM 277802302 30 10,000 SH   SOLE   10,000 0 0
EAST WEST BANCORP INC COM 27579R104 14,614 300,080 SH   SOLE   50,456 0 249,623
EZCORP INC CL A NON VTG 302301106 9,916 1,453,938 SH   SOLE   215,536 0 1,238,402
FOSTER L B CO COM 350060109 2,328 120,130 SH   SOLE   0 0 120,130
GULF ISLAND FABRICATION INC COM 402307102 4,690 925,085 SH   SOLE   159,970 0 765,115
HOPE BANCORP INC COM 43940T109 8,437 567,743 SH   SOLE   92,801 0 474,942
FIRST INTERNET BANCORP COM 320557101 468 19,723 SH   SOLE   0 0 19,723
INNOSPEC INC COM 45768S105 4,806 46,457 SH   SOLE   6,200 0 40,257
KRAFT HEINZ CO COM 500754106 215 6,700 SH   SOLE   0 0 6,700
LIBERTY GLOBAL PLC SHS CL C G5480U120 10,008 459,191 SH   SOLE   98,909 0 360,282
LIMONEIRA CO COM 532746104 1,980 102,943 SH   SOLE   48,017 0 54,926
LANDSTAR SYS INC COM 515098101 262 2,300 SH   SOLE   0 0 2,300
MITCHAM INDS INC COM 606501104 366 127,444 SH   SOLE   0 0 127,444
MOBILE MINI INC COM 60740F105 4,147 109,403 SH   SOLE   40 0 109,363
MANITEX INTL INC COM 563420108 5,555 933,563 SH   SOLE   279,820 0 653,743
MICROSOFT CORP COM 594918104 676 4,285 SH   SOLE   0 0 4,285
MATRIX SVC CO COM 576853105 5,388 235,471 SH   SOLE   0 0 235,471
NATURES SUNSHINE PRODUCTS IN COM 639027101 4,413 494,156 SH   SOLE   136,557 0 357,599
NATIONAL WESTN LIFE GROUP IN CL A 638517102 9,140 31,422 SH   SOLE   5,201 0 26,221
NORTHWEST PIPE CO COM 667746101 5,714 171,534 SH   SOLE   0 0 171,534
ISHARES TR PFD AND INCM SEC 464288687 445 11,843 SH   SOLE   0 0 11,843
PIONEER PWR SOLUTIONS INC COM NEW 723836300 288 126,837 SH   SOLE   60,000 0 66,837
QUEST RESOURCE HLDG CORP COM NEW 74836W203 436 200,000 SH   SOLE   200,000 0 0
RICHARDSON ELECTRS LTD COM 763165107 1,234 219,100 SH   SOLE   219,100 0 0
SIRIUS INTERNATIONAL INSURAN COM G8196D101 992 113,501 SH   SOLE   113,501 0 0
SUPERIOR GRP OF COMPANIES IN COM 868358102 4,877 360,214 SH   SOLE   44,659 0 315,555
ISHARES TR SHORT TREAS BD 464288679 1,847 16,725 SH   SOLE   0 0 16,725
SILICOM LTD ORD M84116108 5,682 170,821 SH   SOLE   31,304 0 139,517
STERLING CONSTRUCTION CO INC COM 859241101 331 23,500 SH   SOLE   23,500 0 0
TRIDENT ACQUISITIONS CORP UNIT 05/09/2023 89615T205 732 140,000 SH   SOLE   140,000 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 547 529,647 SH   SOLE   0 0 529,647
TETRA TECH INC NEW COM 88162G103 11,759 136,479 SH   SOLE   25,094 0 111,385
VSE CORP COM 918284100 2,262 59,463 SH   SOLE   0 0 59,463
ABBOTT LABS COM 002824100 439 5,053 SH   SOLE   0 0 5,053
ACME UTD CORP COM 004816104 630 26,500 SH   SOLE   24,500 0 2,000
FEDERAL AGRIC MTG CORP CL C 313148306 5,582 66,853 SH   SOLE   12,391 0 54,462
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 2,933 49,341 SH   SOLE   0 0 49,341
BANK AMER CORP COM 060505104 405 11,508 SH   SOLE   5,058 0 6,450
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,555 6,864 SH   SOLE   1,394 0 5,470
CHINA FD INC COM 169373107 1,123 53,254 SH   SOLE   452 0 52,802
CRAWFORD & CO CL A 224633206 5,719 498,640 SH   SOLE   160,154 0 338,486
CRAWFORD & CO CL B 224633107 753 74,181 SH   SOLE   0 0 74,181
CVS HEALTH CORP COM 126650100 438 5,900 SH   SOLE   0 0 5,900
CPI AEROSTRUCTURES INC COM NEW 125919308 74 10,950 SH   SOLE   0 0 10,950
CHEVRON CORP NEW COM 166764100 312 2,590 SH   SOLE   0 0 2,590
DISCOVER FINL SVCS COM 254709108 1,127 13,291 SH   SOLE   0 0 13,291
WISDOMTREE TR EMG MKTS SMCAP 97717W281 10,164 212,545 SH   SOLE   20,400 0 192,145
QUEST DIAGNOSTICS INC COM 74834L100 262 2,450 SH   SOLE   0 0 2,450
GENERAL ELECTRIC CO COM 369604103 324 29,000 SH   SOLE   600 0 28,400
INVESCO ACTIVELY MANAGD ETF ULTRA SHRT DUR 46090A887 4,584 90,988 SH   SOLE   17,407 0 73,581
HOME DEPOT INC COM 437076102 289 1,325 SH   SOLE   0 0 1,325
HONEYWELL INTL INC COM 438516106 220 1,243 SH   SOLE   0 0 1,243
HUNTSMAN CORP COM 447011107 4,894 202,566 SH   SOLE   0 0 202,566
INDUSTRIAS BACHOCO S A B DE SPON ADR B 456463108 3,040 58,458 SH   SOLE   0 0 58,458
ISHARES TR U.S. MED DVC ETF 464288810 582 2,200 SH   SOLE   0 0 2,200
ISHARES TR CORE S&P MCP ETF 464287507 556 2,700 SH   SOLE   0 0 2,700
ISHARES TR CORE S&P SCP ETF 464287804 335 4,000 SH   SOLE   0 0 4,000
ISHARES TR CORE S&P500 ETF 464287200 719 2,225 SH   SOLE   0 0 2,225
JACOBS ENGR GROUP INC COM 469814107 5,404 60,156 SH   SOLE   14,577 0 45,579
JEFFERIES FINL GROUP INC COM 47233W109 13,900 650,432 SH   SOLE   106,350 0 544,082
JOHNSON & JOHNSON COM 478160104 386 2,646 SH   SOLE   0 0 2,646
JPMORGAN CHASE & CO COM 46625H100 481 3,449 SH   SOLE   624 0 2,825
KRATON CORPORATION COM 50077C106 8,843 349,269 SH   SOLE   57,052 0 292,217
LYDALL INC DEL COM 550819106 2,299 112,045 SH   SOLE   0 0 112,045
MILLER INDS INC TENN COM NEW 600551204 2,835 76,348 SH   SOLE   0 0 76,348
MARATHON PETE CORP COM 56585A102 296 4,911 SH   SOLE   0 0 4,911
PFIZER INC COM 717081103 257 6,552 SH   SOLE   522 0 6,030
PROCTER & GAMBLE CO COM 742718109 275 2,200 SH   SOLE   0 0 2,200
SERVICE CORP INTL COM 817565104 6,855 148,934 SH   SOLE   21,762 0 127,171
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 1,020 15,870 SH   SOLE   2,665 0 13,205
PROSHARES TR PSHS ULTSH 20YRS 74347B201 908 34,200 SH   SOLE   34,200 0 0
TUTOR PERINI CORP COM 901109108 4,042 314,292 SH   SOLE   0 0 314,292
TRAVELERS COMPANIES INC COM 89417E109 9,844 71,876 SH   SOLE   9,148 0 62,728
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 585 3,050 SH   SOLE   0 0 3,050
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 453 1,533 SH   SOLE   0 0 1,533
VISTRA ENERGY CORP COM 92840M102 8,739 380,123 SH   SOLE   52,500 0 327,623
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,432 8,750 SH   SOLE   0 0 8,750
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 386 12,550 SH   SOLE   0 0 12,550
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 353 3,850 SH   SOLE   0 0 3,850
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 357 2,850 SH   SOLE   0 0 2,850