Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EVC	ENTRAVISION COMMUNICATIONS C	3,106,345	$40.74M	9.9%	—	—	CL A	29382R107
ARHS	ARHAUS INC	2,198,887	$18.65M	4.5%	—	—	COM CL A	04035M102
GEO	GEO GROUP INC	370,593	$11.08M	2.7%	—	—	COM	36162J106
HVT	HAVERTY FURNITURE COS INC	291,400	$7.414M	1.8%	—	—	COM	419596101
EVC	ENTRAVISION COMMUNICATIONS C	4,367	$3.494M	0.8%	—	—	CALL	29382R107
APYX	APYX MEDICAL CORPORATION	74,900	$336K	0.1%	—	—	COM	03837C106
FIX	COMFORT SYS USA INC	121	$240K	0.1%	—	—	COM	199908104

Increased Positions (10)

ALLT ALLOT LTD 10.2%

Value $42.15M (+36.0%) Shares 4,783,141 (+2.8%) Est. Cost — Unrealized —

XPOF XPONENTIAL FITNESS INC 2.9%

Value $11.8M (+131.6%) Shares 1,702,669 (+101.3%) Est. Cost — Unrealized —

REAL THE REALREAL INC 4.6%

Value $18.94M (+49.9%) Shares 1,589,448 (+14.2%) Est. Cost — Unrealized —

IMMR IMMERSION CORP 1.7%

Value $7.023M (+81.4%) Shares 1,013,700 (+43.0%) Est. Cost — Unrealized —

ZVIA ZEVIA PBC 1.1%

Value $4.595M (+214.2%) Shares 2,693,236 (+115.5%) Est. Cost — Unrealized —

— NUVEEN REAL ESTATE INCOME FD 1.5%

Value $6.266M (+59.1%) Shares 736,168 (+39.4%) Est. Cost — Unrealized —

— NEUBERGER R/EST SECS INC FD 0.5%

Value $2.247M (+228.4%) Shares 738,804 (+206.6%) Est. Cost — Unrealized —

— NUVEEN FLOATING RATE INCOME 1.8%

Value $7.37M (+20.5%) Shares 959,147 (+17.9%) Est. Cost — Unrealized —

— EATON VANCE LIMITED DURATION 1.1%

Value $4.355M (+21.3%) Shares 465,077 (+22.4%) Est. Cost — Unrealized —

SKYX SKYX PLATFORMS CORP 0.5%

Value $2.037M (+58.1%) Shares 1,843,338 (+60.3%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ALLT	ALLOT LTD	4,783,141 (+2.8%)	$42.15M (+36.0%)	10.2%	—	—	SHS	M0854Q105
XPOF	XPONENTIAL FITNESS INC	1,702,669 (+101.3%)	$11.8M (+131.6%)	2.9%	—	—	COM CL A	98422X101
REAL	THE REALREAL INC	1,589,448 (+14.2%)	$18.94M (+49.9%)	4.6%	—	—	COM	88339P101
IMMR	IMMERSION CORP	1,013,700 (+43.0%)	$7.023M (+81.4%)	1.7%	—	—	COM	452521107
ZVIA	ZEVIA PBC	2,693,236 (+115.5%)	$4.595M (+214.2%)	1.1%	—	—	CL A	98955K104
—	NUVEEN REAL ESTATE INCOME FD	736,168 (+39.4%)	$6.266M (+59.1%)	1.5%	—	—	COM	67071B108
—	NEUBERGER R/EST SECS INC FD	738,804 (+206.6%)	$2.247M (+228.4%)	0.5%	—	—	COM	64190A103
—	NUVEEN FLOATING RATE INCOME	959,147 (+17.9%)	$7.37M (+20.5%)	1.8%	—	—	COM	67072T108
—	EATON VANCE LIMITED DURATION	465,077 (+22.4%)	$4.355M (+21.3%)	1.1%	—	—	COM	27828H105
SKYX	SKYX PLATFORMS CORP	1,843,338 (+60.3%)	$2.037M (+58.1%)	0.5%	—	—	COM	78471E105

Exited Positions (6)

DIBS 1STDIBS COM INC 2.8%

Value $11.38M Shares 2,068,723 Est. Cost — Unrealized —

TOI THE ONCOLOGY INSTITUTE INC 2.1%

Value $8.528M Shares 2,777,858 Est. Cost — Unrealized —

LOVE LOVESAC COMPANY 2.0%

Value $8.064M Shares 545,963 Est. Cost — Unrealized —

PTON PELOTON INTERACTIVE INC 1.8%

Value $7.56M Shares 1,762,197 Est. Cost — Unrealized —

STGW STAGWELL INC 0.1%

Value $497K Shares 78,988 Est. Cost — Unrealized —

DOUG DOUGLAS ELLIMAN INC 0.0%

Value $25,420 Shares 15,500 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DIBS	1STDIBS COM INC	2,068,723	$11.38M	2.8%	—	—	—	320551104
TOI	THE ONCOLOGY INSTITUTE INC	2,777,858	$8.528M	2.1%	—	—	—	68236X100
LOVE	LOVESAC COMPANY	545,963	$8.064M	2.0%	—	—	—	54738L109
PTON	PELOTON INTERACTIVE INC	1,762,197	$7.56M	1.8%	—	—	—	70614W100
STGW	STAGWELL INC	78,988	$497K	0.1%	—	—	—	85256A109
DOUG	DOUGLAS ELLIMAN INC	15,500	$25,420	0.0%	—	—	—	25961D105

Decreased Positions (6)

BNED BARNES & NOBLE ED INC 10.4%

Value $42.92M (+42.0%) Shares 3,379,123 (-1.3%) Est. Cost — Unrealized —

POWW OUTDOOR HOLDING CO 6.4%

Value $26.37M (+12.2%) Shares 11,512,794 (-1.5%) Est. Cost — Unrealized —

FUN SIX FLAGS ENTERTAINMENT CORP 4.2%

Value $17.49M (+16.1%) Shares 832,335 (-1.9%) Est. Cost — Unrealized —

INSE INSPIRED ENTMT INC 5.0%

Value $20.71M (+8.3%) Shares 2,552,288 (-4.8%) Est. Cost — Unrealized —

FOSL FOSSIL GROUP INC 0.9%

Value $3.665M (-24.9%) Shares 872,797 (-23.0%) Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.1%

Value $494K (+11.3%) Shares 2,072 (-2.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BNED	BARNES & NOBLE ED INC	3,379,123 (-1.3%)	$42.92M (+42.0%)	10.4%	—	—	COM NEW	06777U200
POWW	OUTDOOR HOLDING CO	11,512,794 (-1.5%)	$26.37M (+12.2%)	6.4%	—	—	COM	00175J107
FUN	SIX FLAGS ENTERTAINMENT CORP	832,335 (-1.9%)	$17.49M (+16.1%)	4.2%	—	—	COM	83001C108
INSE	INSPIRED ENTMT INC	2,552,288 (-4.8%)	$20.71M (+8.3%)	5.0%	—	—	COM	45782N108
FOSL	FOSSIL GROUP INC	872,797 (-23.0%)	$3.665M (-24.9%)	0.9%	—	—	COM	34988V106
AMZN	AMAZON COM INC	2,072 (-2.8%)	$494K (+11.3%)	0.1%	—	—	COM	023135106

Unchanged Positions (14)

COMP COMPASS INC 19.3%

Value $79.72M Shares 6,447,324 Est. Cost — Unrealized —

NTZ NATUZZI S P A 1.0%

Value $4.198M Shares 2,232,703 Est. Cost — Unrealized —

DAIO DATA I O CORP 0.8%

Value $3.288M Shares 839,421 Est. Cost — Unrealized —

STKS THE ONE GROUP HOSPITALITY IN 2.0%

Value $8.274M Shares 4,227,456 Est. Cost — Unrealized —

AAPL APPLE INC 0.5%

Value $2.055M Shares 7,103 Est. Cost — Unrealized —

MCHX MARCHEX INC 0.5%

Value $2.185M Shares 1,300,388 Est. Cost — Unrealized —

— DUFF & PHELPS UTLITY AND INF 1.9%

Value $7.675M Shares 519,540 Est. Cost — Unrealized —

— GABELLI DIVID & INCOME TR 0.2%

Value $788K Shares 26,800 Est. Cost — Unrealized —

TSLA TESLA INC 0.1%

Value $319K Shares 758 Est. Cost — Unrealized —

V VISA INC 0.1%

Value $274K Shares 800 Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value $514K Shares 1,000 Est. Cost — Unrealized —

— WESTERN ASSET HIGH INCOME OP 0.4%

Value $1.785M Shares 490,454 Est. Cost — Unrealized —

— BLACKROCK CORPOR HI YLD FD I 0.2%

Value $1.008M Shares 117,800 Est. Cost — Unrealized —

— WESTERN ASSET HIGH YIELD OPP 0.0%

Value $106K Shares 10,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COMP	COMPASS INC	6,447,324	$79.72M	19.3%	—	—	CL A	20464U100
NTZ	NATUZZI S P A	2,232,703	$4.198M	1.0%	—	—	SPON ADS	63905A200
DAIO	DATA I O CORP	839,421	$3.288M	0.8%	—	—	COM	237690102
STKS	THE ONE GROUP HOSPITALITY IN	4,227,456	$8.274M	2.0%	—	—	COM	88338K103
AAPL	APPLE INC	7,103	$2.055M	0.5%	—	—	COM	037833100
MCHX	MARCHEX INC	1,300,388	$2.185M	0.5%	—	—	CL B	56624R108
—	DUFF & PHELPS UTLITY AND INF	519,540	$7.675M	1.9%	—	—	COM	26433C105
—	GABELLI DIVID & INCOME TR	26,800	$788K	0.2%	—	—	COM	36242H104
TSLA	TESLA INC	758	$319K	0.1%	—	—	COM	88160R101
V	VISA INC	800	$274K	0.1%	—	—	COM CL A	92826C839
MA	MASTERCARD INCORPORATED	1,000	$514K	0.1%	—	—	CL A	57636Q104
—	WESTERN ASSET HIGH INCOME OP	490,454	$1.785M	0.4%	—	—	COM	95766K109
—	BLACKROCK CORPOR HI YLD FD I	117,800	$1.008M	0.2%	—	—	COM	09255P107
—	WESTERN ASSET HIGH YIELD OPP	10,000	$106K	0.0%	—	—	COM	95768B107