Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	192,500	$142M	8.9%	—	—	PUT	46090E103
MXL	MAXLINEAR INC	818,000	$105M	6.6%	$128.03	—	COM	57776J100
INTC	INTEL CORP	623,500	$87.06M	5.5%	$139.63	—	COM	458140100
CLFD	CLEARFIELD INC	1,008,469	$40.13M	2.5%	$39.79	—	COM	18482P103
MEI	METHODE ELECTRS INC	1,678,409	$31.84M	2.0%	$18.97	—	COM	591520200
ASYS	AMTECH SYS INC	1,252,000	$28.9M	1.8%	$23.08	—	COM PAR $0.01N	032332504
NYXH	NYXOAH S A	14,534,880	$24.56M	1.5%	$1.69	—	SHS	B6S7WD106
SOPH	SOPHIA GENETICS SA	3,954,194	$22.82M	1.4%	$5.77	—	ORDINARY SHARES	H82027105
DDD	3D SYS CORP DEL	7,271,000	$21.96M	1.4%	$3.02	—	COM NEW	88554D205
ARDX	ARDELYX INC	3,200,000	$16.32M	1.0%	$5.10	—	COM	039697107
SPRB	SPRUCE BIOSCIENCES INC	250,000	$13.5M	0.9%	$54.00	—	COM NEW	85209E208
PTHS	PELTHOS THERAPEUTICS INC	329,098	$9.3M	0.6%	$28.26	—	COM SHS	171126204
DOMO	DOMO INC	2,880,000	$9.014M	0.6%	—	—	CALL	257554105
BWEN	BROADWIND INC	1,156,000	$5.583M	0.4%	$4.83	—	COM NEW	11161T207
LIDR	AEYE INC	3,855,000	$5.551M	0.3%	$1.44	—	CL A NEW	008183204
KIDS	ORTHOPEDIATRICS CORP	269,765	$5.161M	0.3%	$19.13	—	COM	68752L100
RELL	RICHARDSON ELECTRS LTD	200,434	$3.81M	0.2%	$19.01	—	COM	763165107
NNBR	NN INC	11,496	$41,271	0.0%	$3.59	—	COM	629337106

Increased Positions (10)

IWM ISHARES TR 20.9%

Value $331M (+122.7%) Shares 1,103,000 (+83.8%) Est. Cost — Unrealized —

APPS DIGITAL TURBINE INC 5.3%

Value $84.48M (+499.1%) Shares 6,548,450 (+33.8%) Est. Cost $6.83 Unrealized —

FENC FENNEC PHARMACEUTICALS INC 1.7%

Value $26.72M (+119.3%) Shares 2,486,038 (+25.5%) Est. Cost $8.41 Unrealized —

VUZI VUZIX CORP 1.2%

Value $19.56M (+157.0%) Shares 6,745,667 (+104.7%) Est. Cost $2.91 Unrealized —

KYTX KYVERNA THERAPEUTICS INC 1.6%

Value $24.91M (+44.3%) Shares 2,795,797 (+39.8%) Est. Cost $8.00 Unrealized —

INVE IDENTIV INC 0.2%

Value $3.652M (+141.2%) Shares 1,449,121 (+254.1%) Est. Cost $2.76 Unrealized —

APYX APYX MEDICAL CORPORATION 0.3%

Value $5.066M (+24.3%) Shares 1,128,343 (+2.1%) Est. Cost $3.51 Unrealized —

NRXS NEURAXIS INC 0.2%

Value $3.801M (+28.4%) Shares 519,938 (+30.0%) Est. Cost $3.49 Unrealized —

RNXT RENOVORX INC 0.3%

Value $4.317M (+17.3%) Shares 4,405,439 (+18.9%) Est. Cost $1.09 Unrealized —

QNRX QUOIN PHARMACEUTICALS LTD 0.0%

Value $339K (+0.7%) Shares 70,000 (+37.3%) Est. Cost $11.64 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	1,103,000 (+83.8%)	$331M (+122.7%)	20.9%	—	—	PUT	464287655
APPS	DIGITAL TURBINE INC	6,548,450 (+33.8%)	$84.48M (+499.1%)	5.3%	$6.83	—	COM NEW	25400W102
FENC	FENNEC PHARMACEUTICALS INC	2,486,038 (+25.5%)	$26.72M (+119.3%)	1.7%	$8.41	—	COM	31447P100
VUZI	VUZIX CORP	6,745,667 (+104.7%)	$19.56M (+157.0%)	1.2%	$2.91	—	COM NEW	92921W300
KYTX	KYVERNA THERAPEUTICS INC	2,795,797 (+39.8%)	$24.91M (+44.3%)	1.6%	$8.00	—	COM	501976104
INVE	IDENTIV INC	1,449,121 (+254.1%)	$3.652M (+141.2%)	0.2%	$2.76	—	COM NEW	45170X205
APYX	APYX MEDICAL CORPORATION	1,128,343 (+2.1%)	$5.066M (+24.3%)	0.3%	$3.51	—	COM	03837C106
NRXS	NEURAXIS INC	519,938 (+30.0%)	$3.801M (+28.4%)	0.2%	$3.49	—	COM	64134X201
RNXT	RENOVORX INC	4,405,439 (+18.9%)	$4.317M (+17.3%)	0.3%	$1.09	—	COM NEW	75989R107
QNRX	QUOIN PHARMACEUTICALS LTD	70,000 (+37.3%)	$339K (+0.7%)	0.0%	$11.64	—	SPONSORED ADS	74907L409

Exited Positions (16)

ZM ZOOM COMMUNICATIONS INC 3.5%

Value $56.27M Shares 700,000 Est. Cost — Unrealized —

XLK SELECT SECTOR SPDR TR 2.5%

Value $39.87M Shares 300,000 Est. Cost — Unrealized —

ZBRA ZEBRA TECHNOLOGIES CORPORATI 1.3%

Value $20.91M Shares 100,000 Est. Cost $249.01 Unrealized —

LASR NLIGHT INC 1.2%

Value $19.39M Shares 340,000 Est. Cost $12.42 Unrealized —

GNRC GENERAC HLDGS INC 1.1%

Value $17.58M Shares 90,000 Est. Cost $183.13 Unrealized —

RRX REGAL REXNORD CORPORATION 0.9%

Value $14.04M Shares 75,000 Est. Cost $181.07 Unrealized —

LRMR LARIMAR THERAPEUTICS INC 0.9%

Value $13.5M Shares 3,000,000 Est. Cost $3.70 Unrealized —

ESPR ESPERION THERAPEUTICS INC NE 0.8%

Value $12.06M Shares 4,400,000 Est. Cost $2.36 Unrealized —

ZVRA ZEVRA THERAPEUTICS INC 0.7%

Value $11.18M Shares 1,200,000 Est. Cost $8.76 Unrealized —

IDN INTELLICHECK MOBILISA INC 0.7%

Value $10.61M Shares 1,517,249 Est. Cost $5.63 Unrealized —

TARA PROTARA THERAPEUTICS INC 0.5%

Value $8.454M Shares 1,622,733 Est. Cost $6.18 Unrealized —

BKTI BK TECHNOLOGIES CORPORATION 0.2%

Value $2.434M Shares 32,615 Est. Cost $64.84 Unrealized —

LPCN LIPOCINE INC NEW 0.1%

Value $1.598M Shares 200,000 Est. Cost $9.20 Unrealized —

LPTH LIGHTPATH TECHNOLOGIES INC 0.1%

Value $1.003M Shares 100,000 Est. Cost $2.64 Unrealized —

RGNT REGENTIS BIOMATERIALS LTD 0.1%

Value $917K Shares 300,000 Est. Cost $5.74 Unrealized —

SMTK SMARTKEM INC 0.0%

Value $204K Shares 895,449 Est. Cost $2.42 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ZM	ZOOM COMMUNICATIONS INC	700,000	$56.27M	3.5%	—	—	CALL	98980L101
XLK	SELECT SECTOR SPDR TR	300,000	$39.87M	2.5%	—	—	PUT	81369Y803
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	100,000	$20.91M	1.3%	$249.01	—	—	989207105
LASR	NLIGHT INC	340,000	$19.39M	1.2%	$12.42	—	—	65487K100
GNRC	GENERAC HLDGS INC	90,000	$17.58M	1.1%	$183.13	—	—	368736104
RRX	REGAL REXNORD CORPORATION	75,000	$14.04M	0.9%	$181.07	—	—	758750103
LRMR	LARIMAR THERAPEUTICS INC	3,000,000	$13.5M	0.9%	$3.70	—	—	517125100
ESPR	ESPERION THERAPEUTICS INC NE	4,400,000	$12.06M	0.8%	$2.36	—	—	29664W105
ZVRA	ZEVRA THERAPEUTICS INC	1,200,000	$11.18M	0.7%	$8.76	—	—	488445206
IDN	INTELLICHECK MOBILISA INC	1,517,249	$10.61M	0.7%	$5.63	—	—	45817G201
TARA	PROTARA THERAPEUTICS INC	1,622,733	$8.454M	0.5%	$6.18	—	—	74365U107
BKTI	BK TECHNOLOGIES CORPORATION	32,615	$2.434M	0.2%	$64.84	—	—	05587G203
LPCN	LIPOCINE INC NEW	200,000	$1.598M	0.1%	$9.20	—	—	53630X203
LPTH	LIGHTPATH TECHNOLOGIES INC	100,000	$1.003M	0.1%	$2.64	—	—	532257805
RGNT	REGENTIS BIOMATERIALS LTD	300,000	$917K	0.1%	$5.74	—	—	M8211G108
SMTK	SMARTKEM INC	895,449	$204K	0.0%	$2.42	—	—	83193D203

Decreased Positions (16)

SNDK SANDISK CORP 21.4%

Value $339M (+166.6%) Shares 149,000 (-25.5%) Est. Cost $58.39 Unrealized —

SIMO SILICON MOTION TECHNOLOGY CO 3.0%

Value $48M (+113.7%) Shares 144,000 (-28.0%) Est. Cost $112.29 Unrealized —

TYGO TIGO ENERGY INC 0.3%

Value $4.638M (-83.1%) Shares 1,990,371 (-72.7%) Est. Cost $2.99 Unrealized —

VNDA VANDA PHARMACEUTICALS INC 0.8%

Value $12.51M (-34.2%) Shares 2,044,169 (-25.7%) Est. Cost $6.05 Unrealized —

ABEO ABEONA THERAPEUTICS INC 1.2%

Value $18.46M (+32.9%) Shares 2,987,000 (-3.6%) Est. Cost $5.08 Unrealized —

PSNL PERSONALIS INC 1.4%

Value $22.98M (+24.4%) Shares 1,715,000 (-40.9%) Est. Cost $4.21 Unrealized —

BDSX BIODESIX INC 1.0%

Value $15.3M (+39.1%) Shares 678,328 (-10.5%) Est. Cost $9.93 Unrealized —

VSTM VERASTEM INC 0.5%

Value $7.361M (-30.6%) Shares 1,927,000 (-3.6%) Est. Cost $6.48 Unrealized —

CSTL CASTLE BIOSCIENCES INC 0.8%

Value $13M (-10.3%) Shares 545,101 (-7.7%) Est. Cost $20.31 Unrealized —

IPWR IDEAL PWR INC 0.3%

Value $4.796M (+43.4%) Shares 894,731 (-24.3%) Est. Cost $5.85 Unrealized —

TLPH TALPHERA INC 0.3%

Value $4.74M (+36.1%) Shares 4,601,502 (-1.3%) Est. Cost $0.61 Unrealized —

ELUT ELUTIA INC 0.2%

Value $2.641M (-30.0%) Shares 2,695,644 (-25.0%) Est. Cost $2.93 Unrealized —

WATT ENERGOUS CORP 0.3%

Value $4.377M (+29.8%) Shares 182,000 (-15.3%) Est. Cost $8.04 Unrealized —

PYPD POLYPID LTD 0.5%

Value $7.644M (+9.5%) Shares 1,504,741 (-5.6%) Est. Cost $4.25 Unrealized —

COYA COYA THERAPEUTICS INC 0.2%

Value $3.697M (-3.8%) Shares 631,912 (-35.2%) Est. Cost $5.88 Unrealized —

BFRI BIOFRONTERA INC 0.0%

Value $700K (-5.5%) Shares 739,910 (-19.2%) Est. Cost $1.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SNDK	SANDISK CORP	149,000 (-25.5%)	$339M (+166.6%)	21.4%	$58.39	—	COM	80004C200
SIMO	SILICON MOTION TECHNOLOGY CO	144,000 (-28.0%)	$48M (+113.7%)	3.0%	$112.29	—	SPONSORED ADR	82706C108
TYGO	TIGO ENERGY INC	1,990,371 (-72.7%)	$4.638M (-83.1%)	0.3%	$2.99	—	COM	88675P103
VNDA	VANDA PHARMACEUTICALS INC	2,044,169 (-25.7%)	$12.51M (-34.2%)	0.8%	$6.05	—	COM	921659108
ABEO	ABEONA THERAPEUTICS INC	2,987,000 (-3.6%)	$18.46M (+32.9%)	1.2%	$5.08	—	COM NEW	00289Y206
PSNL	PERSONALIS INC	1,715,000 (-40.9%)	$22.98M (+24.4%)	1.4%	$4.21	—	COM	71535D106
BDSX	BIODESIX INC	678,328 (-10.5%)	$15.3M (+39.1%)	1.0%	$9.93	—	COM	09075X207
VSTM	VERASTEM INC	1,927,000 (-3.6%)	$7.361M (-30.6%)	0.5%	$6.48	—	COM NEW	92337C203
CSTL	CASTLE BIOSCIENCES INC	545,101 (-7.7%)	$13M (-10.3%)	0.8%	$20.31	—	COM	14843C105
IPWR	IDEAL PWR INC	894,731 (-24.3%)	$4.796M (+43.4%)	0.3%	$5.85	—	COM NEW	451622203
TLPH	TALPHERA INC	4,601,502 (-1.3%)	$4.74M (+36.1%)	0.3%	$0.61	—	COM NEW	00444T209
ELUT	ELUTIA INC	2,695,644 (-25.0%)	$2.641M (-30.0%)	0.2%	$2.93	—	CL A COM	05479K106
WATT	ENERGOUS CORP	182,000 (-15.3%)	$4.377M (+29.8%)	0.3%	$8.04	—	COM NEW	29272C301
PYPD	POLYPID LTD	1,504,741 (-5.6%)	$7.644M (+9.5%)	0.5%	$4.25	—	COM	M8001Q126
COYA	COYA THERAPEUTICS INC	631,912 (-35.2%)	$3.697M (-3.8%)	0.2%	$5.88	—	COMMON STOCK	22407B108
BFRI	BIOFRONTERA INC	739,910 (-19.2%)	$700K (-5.5%)	0.0%	$1.08	—	COM NEW	09077D209

Unchanged Positions (1)

APRE APREA THERAPEUTICS INC 0.1%

Value $815K Shares 1,015,541 Est. Cost $3.01 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APRE	APREA THERAPEUTICS INC	1,015,541	$815K	0.1%	$3.01	—	COM NEW	03836J201