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   528,661 66,666 SH   SOLE   55,746 0 10,920
ACCO Brands COM 00081T108   1,014,472 185,461 SH   SOLE   155,021 0 30,440
ARC Document Solutions COM 00191G103   3,990,661 1,180,669 SH   SOLE   842,149 0 338,520
AXT Inc COM 00246W103   2,834,551 1,171,302 SH   SOLE   834,882 0 336,420
Acacia Research Corp COM 003881307   4,343,125 932,001 SH   SOLE   675,961 0 256,040
Alico Inc COM 016230104   6,250,064 223,456 SH   SOLE   159,136 0 64,320
Alpine Income Property Trust COM 02083X103   5,076,490 278,928 SH   SOLE   199,037 0 79,891
Amtech Systems COM 032332504   3,834,015 661,037 SH   SOLE   471,727 0 189,310
Asure Software COM 04649U102   6,220,020 687,295 SH   SOLE   497,678 0 189,617
BGSF Inc COM 05601C105   2,683,665 318,725 SH   SOLE   193,970 0 124,755
BM Technologies Inc COM 05591L107   1,931,479 568,082 SH   SOLE   405,682 0 162,400
Banc of California Inc COM 05990K106   1,138,820 77,313 SH   SOLE   64,643 0 12,670
Bankwell Financial Group COM 06654A103   4,017,074 134,126 SH   SOLE   95,546 0 38,580
Barrett Business Services Inc COM 068463108   11,987,333 319,577 SH   SOLE   232,897 0 86,680
Benchmark Electronics, Inc COM 08160H101   990,463 22,348 SH   SOLE   18,658 0 3,690
Bloomin Brands COM 094235108   515,389 31,179 SH   SOLE   26,029 0 5,150
Bowman Consulting Grp COM 103002101   6,159,881 255,809 SH   SOLE   182,519 0 73,290
Brandywine Realty Trust COM 105368203   813,927 149,619 SH   SOLE   125,039 0 24,580
Bridgewater Bancshares COM 108621103   1,148,819 81,074 SH   SOLE   67,764 0 13,310
Brinker International COM 109641100   413,721 5,406 SH   SOLE   4,516 0 890
Build A Bear Workshop COM 120076104   11,215,172 326,307 SH   SOLE   232,387 0 93,920
Business First Bancshares Inc COM 12326C105   1,189,265 46,329 SH   SOLE   38,719 0 7,610
Caleres Inc COM 129500104   666,817 20,176 SH   SOLE   16,876 0 3,300
California Bancorp COM 84252A106   571,944 38,671 SH   SOLE   32,301 0 6,370
Capital Bancorp COM 139737100   6,164,435 239,768 SH   SOLE   170,925 0 68,843
Cheesecake Factory COM 163072101   436,805 10,772 SH   SOLE   8,992 0 1,780
Chefs' Warehouse COM 163086101   1,343,228 31,974 SH   SOLE   26,744 0 5,230
Civista Bancshares COM 178867107   4,083,471 229,151 SH   SOLE   166,707 0 62,444
Coastal Financial COM 19046P209   731,834 13,555 SH   SOLE   11,325 0 2,230
Cohu Inc COM 192576106   956,477 37,217 SH   SOLE   31,087 0 6,130
Colony Bankcorp COM 19623P101   6,710,196 432,358 SH   SOLE   308,506 0 123,852
Columbus McKinnon Corp COM 199333105   696,780 19,355 SH   SOLE   16,155 0 3,200
Composecure COM 20459V105   6,128,577 437,131 SH   SOLE   319,501 0 117,630
Comtech Telecom Corp COM 205826209   2,504,153 520,614 SH   SOLE   370,384 0 150,230
ConnectOne Bancorp COM 20786W107   1,191,203 47,553 SH   SOLE   39,803 0 7,750
Cooper Standard Hlds COM 21676P103   4,246,120 306,137 SH   SOLE   224,297 0 81,840
Customers Bancorp COM 23204G100   1,072,205 23,083 SH   SOLE   19,283 0 3,800
DHI Group COM 23331S100   5,441,336 2,957,248 SH   SOLE   2,081,458 0 875,790
DMC Global Inc COM 23291C103   6,661,751 513,232 SH   SOLE   373,052 0 140,180
DXP Enterprises, Inc COM 233377407   602,594 11,293 SH   SOLE   9,453 0 1,840
Daktronics, Inc COM 234264109   581,518 45,044 SH   SOLE   37,674 0 7,370
Designer Brands COM 250565108   1,047,606 141,952 SH   SOLE   118,502 0 23,450
Destination XL Group COM 25065K104   3,798,339 1,291,952 SH   SOLE   920,632 0 371,320
Douglas Dynamics Inc COM 25960R105   576,284 20,895 SH   SOLE   17,445 0 3,450
EPlus Inc COM 294268107   983,990 10,006 SH   SOLE   8,366 0 1,640
Eagle Bancorp Montana COM 26942G100   2,633,725 166,797 SH   SOLE   118,977 0 47,820
Edgewell Personal Care COM 28035Q102   684,646 18,840 SH   SOLE   15,760 0 3,080
Enerpac Tool Group COM 292765104   334,198 7,978 SH   SOLE   6,688 0 1,290
Ennis Inc COM 293389102   699,370 28,757 SH   SOLE   24,057 0 4,700
Esquire Financial Hld COM 29667J101   5,992,929 91,902 SH   SOLE   65,572 0 26,330
FS Bancorp COM 30263Y104   10,091,667 226,830 SH   SOLE   161,850 0 64,980
Farmers National Banc Corp COM 309627107   3,728,093 246,567 SH   SOLE   175,857 0 70,710
First Business Financial Servi COM 319390100   6,923,708 151,869 SH   SOLE   108,349 0 43,520
First Financial Corp COM 320218100   1,052,707 24,007 SH   SOLE   20,067 0 3,940
First Northwest COM 335834107   2,359,949 220,556 SH   SOLE   157,412 0 63,144
Five Star Bancorp COM 33830T103   8,036,762 270,325 SH   SOLE   197,345 0 72,980
Forrester Research COM 346563109   2,333,015 129,540 SH   SOLE   92,240 0 37,300
Genasys COM 36872P103   3,278,877 921,033 SH   SOLE   657,233 0 263,800
Global Medical REIT COM 37954A204   5,350,706 539,930 SH   SOLE   393,700 0 146,230
Global Net Lease REIT COM 379378201   633,773 75,270 SH   SOLE   62,923 0 12,347
Hackett Group, Inc COM 404609109   590,523 22,479 SH   SOLE   18,789 0 3,690
Hamilton Beach Brands Hld COM 40701T104   10,389,167 341,412 SH   SOLE   243,592 0 97,820
Hanesbrands COM 410345102   1,013,389 137,876 SH   SOLE   115,596 0 22,280
Healthcare Services Group Inc COM 421906108   1,063,775 95,235 SH   SOLE   79,685 0 15,550
Heidrick & Struggles Intl COM 422819102   1,017,122 26,174 SH   SOLE   21,884 0 4,290
Helen of Troy Corp COM G4388N106   337,454 5,456 SH   SOLE   4,546 0 910
Heritage Financial COM 42722X106   921,002 42,306 SH   SOLE   35,366 0 6,940
Heritage Insurance Hlds Inc COM 42727J102   7,446,351 608,362 SH   SOLE   433,172 0 175,190
Home Bancorp, Inc COM 43689E107   1,884,887 42,281 SH   SOLE   30,111 0 12,170
Horizon Bancorp COM 440407104   6,572,534 422,671 SH   SOLE   301,061 0 121,610
Hudson Technologies COM 444144109   663,314 79,534 SH   SOLE   66,434 0 13,100
Hurco Companies Inc COM 447324104   2,871,651 136,291 SH   SOLE   80,741 0 55,550
Ichor Holdings COM G4740B105   671,223 21,101 SH   SOLE   17,631 0 3,470
InTest Corp COM 461147100   3,989,100 546,452 SH   SOLE   389,482 0 156,970
JAKKS Pacific Inc COM 47012E403   5,892,032 230,879 SH   SOLE   164,449 0 66,430
Kelly Services Cls A COM 488152208   879,630 41,085 SH   SOLE   34,315 0 6,770
Kimball Electronics COM 49428J109   5,783,635 312,460 SH   SOLE   222,950 0 89,510
Koppers Holdings COM 50060P106   797,852 21,841 SH   SOLE   18,251 0 3,590
Lakeland Industries COM 511795106   5,836,136 290,355 SH   SOLE   207,065 0 83,290
Lifetime Brands Inc COM 53222Q103   3,512,680 537,107 SH   SOLE   383,157 0 153,950
Lincoln Education Services COM 533535100   4,109,975 344,219 SH   SOLE   245,509 0 98,710
Manitex International Inc COM 563420108   4,810,953 854,521 SH   SOLE   609,341 0 245,180
Matrix Service Co COM 576853105   414,158 35,920 SH   SOLE   30,030 0 5,890
Metropolitan Bank Hld COM 591774104   11,046,006 210,080 SH   SOLE   153,480 0 56,600
Miller Industries Inc COM 600551204   5,969,033 97,853 SH   SOLE   69,773 0 28,080
Mistras Group Inc COM 60649T107   3,613,443 317,805 SH   SOLE   230,576 0 87,229
MotorCar Parts of America Inc COM 620071100   7,043,054 953,052 SH   SOLE   656,452 0 296,600
NN Inc COM 629337106   1,837,040 471,036 SH   SOLE   336,166 0 134,870
NV5 Global Inc COM 62945V109   391,588 4,189 SH   SOLE   3,499 0 690
Natural Gas Services Group Inc COM 63886Q109   8,638,217 452,026 SH   SOLE   322,441 0 129,585
Netgear Inc COM 64111Q104   508,541 25,351 SH   SOLE   21,201 0 4,150
Newpark Resources Inc COM 651718504   339,868 49,043 SH   SOLE   41,013 0 8,030
Northeast Bank COM 66405S100   12,443,614 161,333 SH   SOLE   117,563 0 43,770
Northwest Pipe COM 667746101   10,754,389 238,298 SH   SOLE   169,718 0 68,580
Office Properties Income COM 67623C109   2,702,980 1,239,899 SH   SOLE   884,189 0 355,710
One Stop Systems COM 68247W109   1,165,118 487,497 SH   SOLE   347,926 0 139,571
Orrstown Financial Services COM 687380105   6,029,341 167,668 SH   SOLE   119,548 0 48,120
PAM Transportation Services, I COM 693149106   2,007,250 108,500 SH   SOLE   77,434 0 31,066
PC Connection COM 69318J100   713,342 9,457 SH   SOLE   7,907 0 1,550
PRA Group COM 69354N106   599,427 26,808 SH   SOLE   22,378 0 4,430
Parke Bancorp COM 700885106   6,948,498 332,464 SH   SOLE   237,152 0 95,312
Pathward Financial Inc COM 59100U108   1,077,085 16,317 SH   SOLE   13,647 0 2,670
Patrick Industries COM 703343103   447,754 3,145 SH   SOLE   2,625 0 520
Perdoceo Education Corp. COM 71363P106   1,064,740 47,875 SH   SOLE   40,015 0 7,860
Photronics Inc COM 719405102   1,014,888 40,989 SH   SOLE   34,289 0 6,700
ProFire Energy COM 74316X101   2,945,106 1,753,039 SH   SOLE   1,249,470 0 503,569
QCR Holdings Inc COM 74727A104   990,743 13,383 SH   SOLE   11,213 0 2,170
RMR Group Cls A COM 74967R106   560,010 22,065 SH   SOLE   18,465 0 3,600
Red Robin Gourmet Burgers COM 75689M101   4,339,943 984,114 SH   SOLE   701,444 0 282,670
Resources Connection COM 76122Q105   488,570 50,368 SH   SOLE   42,118 0 8,250
Ribbon Communications Inc COM 762544104   771,306 237,325 SH   SOLE   198,185 0 39,140
Rimini Street Inc. COM 76674Q107   2,137,749 1,155,540 SH   SOLE   839,410 0 316,130
Riverview Bancorp COM 769397100   2,995,781 636,047 SH   SOLE   453,887 0 182,160
Shimmick COM 82455M109   850,419 344,299 SH   SOLE   245,799 0 98,500
Shyft Group Inc COM 825698103   426,851 34,012 SH   SOLE   28,422 0 5,590
Silvercrest Asset Mgmnt Cls A COM 828359109   4,039,349 234,301 SH   SOLE   167,184 0 67,117
Sleep Number Corp COM 83125X103   7,295,793 398,242 SH   SOLE   283,982 0 114,260
Smart Global Holdings COM 8XXXXXXXX   562,968 26,872 SH   SOLE   22,462 0 4,410
Smith Micro Software COM 832154405   239,168 234,478 SH   SOLE   167,080 0 67,398
Stagwell Inc COM 85256A109   1,545,074 220,096 SH   SOLE   183,986 0 36,110
Standard Motor COM 853666105   363,938 10,962 SH   SOLE   9,172 0 1,790
Strattec Security COM 863111100   8,160,047 191,281 SH   SOLE   136,131 0 55,150
System1 Inc COM 87200P109   155,262 138,627 SH   SOLE   115,937 0 22,690
Tilly's Inc Cls A COM 886885102   2,732,804 535,844 SH   SOLE   381,784 0 154,060
TrueBlue Inc COM 89785X101   287,756 36,471 SH   SOLE   30,481 0 5,990
Twin Disc Inc COM 901476101   6,081,369 486,899 SH   SOLE   347,409 0 139,490
USCB Financial Hlds COM 90355N101   5,918,769 388,116 SH   SOLE   276,936 0 111,180
Ultra Clean Holdings COM 90385V107   800,437 20,046 SH   SOLE   16,746 0 3,300
Unity Bancorp COM 913290102   6,512,647 191,211 SH   SOLE   136,451 0 54,760
Universal Electronics Inc COM 913483103   2,940,706 318,603 SH   SOLE   229,253 0 89,350
Universal Logistics COM 91388P105   427,522 9,917 SH   SOLE   8,297 0 1,620
Universal Technical Institute COM 913915104   3,381,690 207,976 SH   SOLE   148,236 0 59,740
Univest Financial Corp COM 915271100   785,162 27,902 SH   SOLE   23,332 0 4,570
Wabash National Corp. COM 929566107   1,029,467 53,646 SH   SOLE   44,816 0 8,830
West Bancorporation COM 95123P106   4,023,695 211,662 SH   SOLE   154,822 0 56,840
Wolverine World Wide COM 978097103   315,041 18,085 SH   SOLE   15,115 0 2,970
Zumiez Inc COM 989817101   455,415 21,381 SH   SOLE   17,891 0 3,490