Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FUN	SIX FLAGS ENTERTAINMENT CORP	848,643	$15.06M	5.4%	$16.93	0.0%	COM	83001C108
LOVE	LOVESAC COMPANY	545,963	$8.064M	2.9%	$14.06	0.0%	COM	54738L109
PTON	PELOTON INTERACTIVE INC	1,762,197	$7.56M	2.7%	$5.43	0.0%	CL A COM	70614W100
AAPL	APPLE INC	7,100	$1.802M	0.6%	$262.82	0.0%	COM	037833100
ZVIA	ZEVIA PBC	1,250,000	$1.462M	0.5%	$1.77	0.0%	CL A	98955K104
SKYX	SKYX PLATFORMS CORP	1,150,121	$1.288M	0.5%	$2.31	0.0%	COM	78471E105
MA	MASTERCARD INCORPORATED	1,000	$500K	0.2%	$539.05	0.0%	CL A	57636Q104
STGW	STAGWELL INC	78,988	$497K	0.2%	$5.44	0.0%	COM CL A	85256A109
AMZN	AMAZON COM INC	2,131	$444K	0.2%	$226.83	0.0%	COM	023135106
TSLA	TESLA INC	758	$282K	0.1%	$425.98	0.0%	COM	88160R101
V	VISA INC	800	$242K	0.1%	$329.17	0.0%	COM CL A	92826C839
DOUG	DOUGLAS ELLIMAN INC	15,500	$25,420	0.0%	$2.54	0.0%	COM	25961D105

Increased Positions (14)

ALLT ALLOT LTD 11.1%

Value $30.99M (-31.2%) Shares 4,653,697 (+1.1%) Est. Cost $5.14 Unrealized +98.4%

DIBS 1STDIBS COM INC 4.1%

Value $11.38M (+62.1%) Shares 2,068,723 (+75.8%) Est. Cost $4.97 Unrealized +12.4%

XPOF XPONENTIAL FITNESS INC 1.8%

Value $5.092M (+287.8%) Shares 845,922 (+426.2%) Est. Cost $7.98 Unrealized +2.6%

NTZ NATUZZI S P A 2.4%

Value $6.778M (+31.3%) Shares 2,222,276 (+2.8%) Est. Cost $2.41 Unrealized —

— DUFF & PHELPS UTLITY AND INF 2.7%

Value $7.561M (+14.4%) Shares 523,585 (+1.2%) Est. Cost $12.02 Unrealized —

IMMR IMMERSION CORP 1.4%

Value $3.871M (+28.4%) Shares 709,000 (+51.0%) Est. Cost $8.46 Unrealized -23.8%

— BLACKROCK CORPOR HI YLD FD I 0.4%

Value $1.004M (+37.5%) Shares 117,800 (+43.7%) Est. Cost $8.79 Unrealized —

— NUVEEN REAL ESTATE INCOME FD 1.4%

Value $3.939M (+7.4%) Shares 528,047 (+9.8%) Est. Cost $7.62 Unrealized —

— GABELLI DIVID & INCOME TR 0.3%

Value $722K (+33.4%) Shares 26,800 (+37.4%) Est. Cost $27.52 Unrealized —

— NUVEEN FLOATING RATE INCOME 2.2%

Value $6.116M (+1.9%) Shares 813,234 (+6.0%) Est. Cost $8.07 Unrealized —

— NEUBERGER R/EST SECS INC FD 0.2%

Value $684K (+17.2%) Shares 241,000 (+25.5%) Est. Cost $3.00 Unrealized —

MCHX MARCHEX INC 0.7%

Value $2.016M (-4.0%) Shares 1,300,388 (+4.1%) Est. Cost $1.88 Unrealized -12.2%

— EATON VANCE LIMITED DURATION 1.3%

Value $3.589M (+1.7%) Shares 379,816 (+7.0%) Est. Cost $9.86 Unrealized —

— WESTERN ASSET HIGH INCOME OP 0.6%

Value $1.78M (-0.1%) Shares 490,454 (+2.1%) Est. Cost $3.91 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ALLT	ALLOT LTD	4,653,697 (+1.1%)	$30.99M (-31.2%)	11.1%	$5.14	+98.4%	SHS	M0854Q105
DIBS	1STDIBS COM INC	2,068,723 (+75.8%)	$11.38M (+62.1%)	4.1%	$4.97	+12.4%	COM	320551104
XPOF	XPONENTIAL FITNESS INC	845,922 (+426.2%)	$5.092M (+287.8%)	1.8%	$7.98	+2.6%	COM CL A	98422X101
NTZ	NATUZZI S P A	2,222,276 (+2.8%)	$6.778M (+31.3%)	2.4%	$2.41	—	SPON ADS	63905A200
—	DUFF & PHELPS UTLITY AND INF	523,585 (+1.2%)	$7.561M (+14.4%)	2.7%	$12.02	—	COM	26433C105
IMMR	IMMERSION CORP	709,000 (+51.0%)	$3.871M (+28.4%)	1.4%	$8.46	-23.8%	COM	452521107
—	BLACKROCK CORPOR HI YLD FD I	117,800 (+43.7%)	$1.004M (+37.5%)	0.4%	$8.79	—	COM	09255P107
—	NUVEEN REAL ESTATE INCOME FD	528,047 (+9.8%)	$3.939M (+7.4%)	1.4%	$7.62	—	COM	67071B108
—	GABELLI DIVID & INCOME TR	26,800 (+37.4%)	$722K (+33.4%)	0.3%	$27.52	—	COM	36242H104
—	NUVEEN FLOATING RATE INCOME	813,234 (+6.0%)	$6.116M (+1.9%)	2.2%	$8.07	—	COM	67072T108
—	NEUBERGER R/EST SECS INC FD	241,000 (+25.5%)	$684K (+17.2%)	0.2%	$3.00	—	COM	64190A103
MCHX	MARCHEX INC	1,300,388 (+4.1%)	$2.016M (-4.0%)	0.7%	$1.88	-12.2%	CL B	56624R108
—	EATON VANCE LIMITED DURATION	379,816 (+7.0%)	$3.589M (+1.7%)	1.3%	$9.86	—	COM	27828H105
—	WESTERN ASSET HIGH INCOME OP	490,454 (+2.1%)	$1.78M (-0.1%)	0.6%	$3.91	—	COM	95766K109

Exited Positions (7)

EGAN EGAIN CORP 3.8%

Value $10.61M Shares 1,031,406 Est. Cost $8.39 Unrealized +21.5%

TREX TREX Company, Inc 3.2%

Value $8.83M Shares 250,000 Est. Cost $40.45 Unrealized +3.2%

GROW U.S. Global Investors 3.0%

Value $8.444M Shares 343,092 Est. Cost $2.24 Unrealized +31.2%

EZPW EZCORP INC CLASS CLASS A 2.5%

Value $6.988M Shares 354,910 Est. Cost $6.76 Unrealized +237.2%

SYZLF SYLOGIST LTD 2.0%

Value $5.655M Shares 1,351,027 Est. Cost $4.14 Unrealized -16.1%

NVO NOVO-NORDISK A S FSPONSORED ADR 1 ADR REPS 1 ORD SHS 1.4%

Value $3.955M Shares 75,500 Est. Cost $52.38 Unrealized —

WLDBF WILDBRAIN LTD F 0.0%

Value $78,000 Shares 63,225 Est. Cost $1.11 Unrealized -7.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EGAN	EGAIN CORP	1,031,406	$10.61M	3.8%	$8.39	+21.5%	—	28225C806
TREX	TREX Company, Inc	250,000	$8.83M	3.2%	$40.45	+3.2%	—	89531P105
GROW	U.S. Global Investors	343,092	$8.444M	3.0%	$2.24	+31.2%	—	902952100
EZPW	EZCORP INC CLASS CLASS A	354,910	$6.988M	2.5%	$6.76	+237.2%	—	302301106
SYZLF	SYLOGIST LTD	1,351,027	$5.655M	2.0%	$4.14	-16.1%	—	87132P102
NVO	NOVO-NORDISK A S FSPONSORED ADR 1 ADR REPS 1 ORD SHS	75,500	$3.955M	1.4%	$52.38	—	—	670100205
WLDBF	WILDBRAIN LTD F	63,225	$78,000	0.0%	$1.11	-7.5%	—	96810C200

Decreased Positions (3)

REAL THE REALREAL INC 4.5%

Value $12.64M (-56.9%) Shares 1,391,907 (-25.1%) Est. Cost $3.62 Unrealized +293.4%

TOI THE ONCOLOGY INSTITUTE INC 3.1%

Value $8.528M (-20.4%) Shares 2,777,858 (-6.7%) Est. Cost $3.53 Unrealized -12.6%

FOSL FOSSIL GROUP INC 1.8%

Value $4.882M (-11.5%) Shares 1,132,802 (-22.3%) Est. Cost $2.82 Unrealized +37.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
REAL	THE REALREAL INC	1,391,907 (-25.1%)	$12.64M (-56.9%)	4.5%	$3.62	+293.4%	COM	88339P101
TOI	THE ONCOLOGY INSTITUTE INC	2,777,858 (-6.7%)	$8.528M (-20.4%)	3.1%	$3.53	-12.6%	COM	68236X100
FOSL	FOSSIL GROUP INC	1,132,802 (-22.3%)	$4.882M (-11.5%)	1.8%	$2.82	+37.8%	COM	34988V106

Unchanged Positions (7)

COMP COMPASS INC 16.8%

Value $46.85M Shares 6,408,499 Est. Cost $4.85 Unrealized +142.2%

INSE INSPIRED ENTMT INC 6.9%

Value $19.12M Shares 2,680,968 Est. Cost $9.64 Unrealized -8.2%

POWW OUTDOOR HOLDING CO 8.5%

Value $23.5M Shares 11,691,882 Est. Cost $1.52 Unrealized +20.7%

BNED BARNES & NOBLE ED INC 10.9%

Value $30.23M Shares 3,423,782 Est. Cost $10.17 Unrealized -15.6%

DAIO DATA I O CORP 0.8%

Value $2.124M Shares 839,421 Est. Cost $3.92 Unrealized -21.4%

STKS THE ONE GROUP HOSPITALITY IN 2.6%

Value $7.321M Shares 4,227,456 Est. Cost $7.18 Unrealized —

— WESTERN ASSET HIGH YIELD OPP 0.0%

Value $107K Shares 10,000 Est. Cost $11.20 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COMP	COMPASS INC	6,408,499	$46.85M	16.8%	$4.85	+142.2%	CL A	20464U100
INSE	INSPIRED ENTMT INC	2,680,968	$19.12M	6.9%	$9.64	-8.2%	COM	45782N108
POWW	OUTDOOR HOLDING CO	11,691,882	$23.5M	8.5%	$1.52	+20.7%	COM	00175J107
BNED	BARNES & NOBLE ED INC	3,423,782	$30.23M	10.9%	$10.17	-15.6%	COM NEW	06777U200
DAIO	DATA I O CORP	839,421	$2.124M	0.8%	$3.92	-21.4%	COM	237690102
STKS	THE ONE GROUP HOSPITALITY IN	4,227,456	$7.321M	2.6%	$7.18	—	COM	88338K103
—	WESTERN ASSET HIGH YIELD OPP	10,000	$107K	0.0%	$11.20	—	COM	95768B107