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

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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
ADTRAN Inc COM 00486H105   3,101 165,054 SH   SOLE   165,054 0 0
BM Technologies COM 05591L107   2,805 538,415 SH   SOLE   538,415 0 0
Barrett Business Services COM 068463108   4,679 50,166 SH   SOLE   50,166 0 0
CECO Environmental COM 125141101   8,603 736,539 SH   SOLE   736,539 0 0
ChromaDex Corp COM 171077407   4,612 2,745,024 SH   SOLE   2,745,024 0 0
Civitas Resources COM 17888H103   10,675 184,272 SH   SOLE   184,272 0 0
Customers Bancorp COM 23204G100   4,659 164,391 SH   SOLE   164,391 0 0
DHI Group COM 23331S100   7,821 1,478,519 SH   SOLE   1,478,519 0 0
Duluth Holdings Inc COM 26443V101   3,094 500,575 SH   SOLE   500,575 0 0
Enova International COM 29357K103   8,592 223,937 SH   SOLE   223,937 0 0
First Western Financial COM 33751L105   4,916 174,641 SH   SOLE   174,641 0 0
Fluent Inc COM 34380C102   5,540 5,082,448 SH   SOLE   5,082,448 0 0
Geospace Technologies COM 37364X109   3,574 846,812 SH   SOLE   846,812 0 0
Green Brick Partners COM 392709101   2,607 107,594 SH   SOLE   107,594 0 0
Guess Inc COM 401617105   5,746 277,721 SH   SOLE   277,721 0 0
Key Tronic Corp COM 493144109   3,217 742,950 SH   SOLE   742,950 0 0
Medallion Financial COM 583928106   6,693 937,330 SH   SOLE   937,330 0 0
Motorcar Parts of America COM 620071100   5,596 471,815 SH   SOLE   471,815 0 0
NMI Holdings COM 629209305   5,362 256,534 SH   SOLE   256,534 0 0
Nature's Sunshine Products COM 639027101   943 113,382 SH   SOLE   113,382 0 0
Newpark Resources COM 651718504   2,735 658,990 SH   SOLE   658,990 0 0
Orion Energy Systems COM 686275108   3,799 2,087,225 SH   SOLE   2,087,225 0 0
Primoris Services Corp COM 74164F103   5,975 272,325 SH   SOLE   272,325 0 0
Regional Management COM 75902K106   3,429 122,125 SH   SOLE   122,125 0 0
Stabilis Solutions COM 85236P101   1,003 188,798 SH   SOLE   188,798 0 0
TESSCO Technologies COM 872386107   2,320 481,282 SH   SOLE   481,282 0 0
Texas Capital Bancshrs COM 88224Q107   6,456 107,045 SH   SOLE   107,045 0 0
United Insurance Hldgs COM 910710102   1,881 1,774,648 SH   SOLE   1,774,648 0 0
VAALCO Energy COM 91851C201   7,824 1,715,839 SH   SOLE   1,715,839 0 0
Veritex Holdings COM 923451108   2,489 88,636 SH   SOLE   88,636 0 0
Vishay Precision Group COM 92835K103   6,742 174,436 SH   SOLE   174,436 0 0
Zumiez Inc COM 989817101   3,952 181,775 SH   SOLE   181,775 0 0