SCRATCH CAPITAL LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	11,292	$561	0.4%	$49.65	—	SHS BEN INT	46438F101
AMZN	AMAZON COM INC	1,040	$240	0.2%	$228.79	0.0%	COM	023135106
AVGO	BROADCOM INC	621	$215	0.1%	$357.00	0.0%	COM	11135F101
DFIV	DIMENSIONAL ETF TRUST	4,208	$210	0.1%	$49.90	—	INTERNATNAL VAL	25434V807
ETHA	ISHARES ETHEREUM TR	9,098	$204	0.1%	$22.43	—	SHS	46438R105
IMTM	ISHARES TR	4,247	$204	0.1%	$47.97	—	MSCI INTL MOMENT	46434V449
DIHP	DIMENSIONAL ETF TRUST	6,405	$203	0.1%	$31.66	—	INTL HIGH PROFIT	25434V765

Increased Positions (22)

DFIP DIMENSIONAL ETF TRUST 8.7%

Value ($000) $13,235 (+24.4%) Shares 318,495 (+26.4%) Est. Cost $41.21 Unrealized —

DFAC DIMENSIONAL ETF TRUST 16.8%

Value ($000) $25,631 (+9.8%) Shares 647,416 (+6.9%) Est. Cost $35.26 Unrealized —

DUHP DIMENSIONAL ETF TRUST 9.8%

Value ($000) $14,935 (+10.5%) Shares 392,716 (+9.8%) Est. Cost $34.67 Unrealized —

DFIC DIMENSIONAL ETF TRUST 10.0%

Value ($000) $15,231 (+9.8%) Shares 441,976 (+4.4%) Est. Cost $27.33 Unrealized —

DFSV DIMENSIONAL ETF TRUST 8.1%

Value ($000) $12,378 (+10.8%) Shares 376,351 (+7.2%) Est. Cost $29.41 Unrealized —

DFEM DIMENSIONAL ETF TRUST 4.6%

Value ($000) $7,092 (+8.2%) Shares 214,377 (+4.9%) Est. Cost $27.54 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 10.7%

Value ($000) $16,383 (+3.2%) Shares 278,952 (+3.4%) Est. Cost $58.38 Unrealized —

VTI VANGUARD INDEX FDS 5.0%

Value ($000) $7,592 (+5.3%) Shares 22,643 (+3.0%) Est. Cost $291.70 Unrealized —

DFCA DIMENSIONAL ETF TRUST 0.6%

Value ($000) $927 (+37.6%) Shares 18,505 (+36.9%) Est. Cost $49.89 Unrealized —

DFNM DIMENSIONAL ETF TRUST 1.8%

Value ($000) $2,826 (+9.8%) Shares 58,657 (+9.4%) Est. Cost $47.92 Unrealized —

SGOV ISHARES TR 2.4%

Value ($000) $3,672 (+6.5%) Shares 36,580 (+6.8%) Est. Cost $100.43 Unrealized —

WFC WELLS FARGO CO NEW 0.8%

Value ($000) $1,295 (+12.7%) Shares 13,896 (+1.4%) Est. Cost $71.93 Unrealized +20.4%

DCOR DIMENSIONAL ETF TRUST 0.7%

Value ($000) $1,005 (+14.9%) Shares 13,649 (+12.3%) Est. Cost $67.83 Unrealized —

CSCO CISCO SYS INC 0.5%

Value ($000) $782 (+17.6%) Shares 10,154 (+4.4%) Est. Cost $60.68 Unrealized +21.6%

DFAI DIMENSIONAL ETF TRUST 0.8%

Value ($000) $1,197 (+6.8%) Shares 31,408 (+1.9%) Est. Cost $29.51 Unrealized —

NVDA NVIDIA CORPORATION 0.9%

Value ($000) $1,349 (+5.5%) Shares 7,235 (+5.5%) Est. Cost $140.31 Unrealized +32.7%

VEA VANGUARD TAX-MANAGED FDS 0.3%

Value ($000) $470 (+15.2%) Shares 7,524 (+10.5%) Est. Cost $57.53 Unrealized —

MSFT MICROSOFT CORP 0.4%

Value ($000) $560 (+10.6%) Shares 1,157 (+18.4%) Est. Cost $434.52 Unrealized +15.2%

TSLA TESLA INC 0.2%

Value ($000) $286 (+11.1%) Shares 635 (+9.9%) Est. Cost $355.49 Unrealized +24.7%

HD HOME DEPOT INC 0.1%

Value ($000) $214 (-10.8%) Shares 621 (+5.1%) Est. Cost $395.69 Unrealized -7.9%

DFAE DIMENSIONAL ETF TRUST 0.2%

Value ($000) $248 (+10.5%) Shares 7,605 (+7.0%) Est. Cost $26.06 Unrealized —

DAIC CID HOLDCO INC 0.0%

Value ($000) $10 (-62.5%) Shares 22,822 (+112.1%) Est. Cost $3.27 Unrealized -36.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DFIP	DIMENSIONAL ETF TRUST	318,495 (+26.4%)	$13,235 (+24.4%)	8.7%	$41.21	—	INFLATION PROTE	25434V856
DFAC	DIMENSIONAL ETF TRUST	647,416 (+6.9%)	$25,631 (+9.8%)	16.8%	$35.26	—	US CORE EQUITY 2	25434V708
DUHP	DIMENSIONAL ETF TRUST	392,716 (+9.8%)	$14,935 (+10.5%)	9.8%	$34.67	—	US HIGH PROFITAB	25434V831
DFIC	DIMENSIONAL ETF TRUST	441,976 (+4.4%)	$15,231 (+9.8%)	10.0%	$27.33	—	INTL CORE EQUITY	25434V799
DFSV	DIMENSIONAL ETF TRUST	376,351 (+7.2%)	$12,378 (+10.8%)	8.1%	$29.41	—	US SMALL CAP VAL	25434V815
DFEM	DIMENSIONAL ETF TRUST	214,377 (+4.9%)	$7,092 (+8.2%)	4.6%	$27.54	—	EMERGING MKTS CO	25434V732
VGSH	VANGUARD SCOTTSDALE FDS	278,952 (+3.4%)	$16,383 (+3.2%)	10.7%	$58.38	—	SHORT TERM TREAS	92206C102
VTI	VANGUARD INDEX FDS	22,643 (+3.0%)	$7,592 (+5.3%)	5.0%	$291.70	—	TOTAL STK MKT	922908769
DFCA	DIMENSIONAL ETF TRUST	18,505 (+36.9%)	$927 (+37.6%)	0.6%	$49.89	—	CALIF MUN BD ETF	25434V633
DFNM	DIMENSIONAL ETF TRUST	58,657 (+9.4%)	$2,826 (+9.8%)	1.8%	$47.92	—	NATL MUN BD ETF	25434V849
SGOV	ISHARES TR	36,580 (+6.8%)	$3,672 (+6.5%)	2.4%	$100.43	—	0-3 MNTH TREASRY	46436E718
WFC	WELLS FARGO CO NEW	13,896 (+1.4%)	$1,295 (+12.7%)	0.8%	$71.93	+20.4%	COM	949746101
DCOR	DIMENSIONAL ETF TRUST	13,649 (+12.3%)	$1,005 (+14.9%)	0.7%	$67.83	—	US CORE EQUITY 1	25434V625
CSCO	CISCO SYS INC	10,154 (+4.4%)	$782 (+17.6%)	0.5%	$60.68	+21.6%	COM	17275R102
DFAI	DIMENSIONAL ETF TRUST	31,408 (+1.9%)	$1,197 (+6.8%)	0.8%	$29.51	—	INTL CORE EQT MK	25434V203
NVDA	NVIDIA CORPORATION	7,235 (+5.5%)	$1,349 (+5.5%)	0.9%	$140.31	+32.7%	COM	67066G104
VEA	VANGUARD TAX-MANAGED FDS	7,524 (+10.5%)	$470 (+15.2%)	0.3%	$57.53	—	VAN FTSE DEV MKT	921943858
MSFT	MICROSOFT CORP	1,157 (+18.4%)	$560 (+10.6%)	0.4%	$434.52	+15.2%	COM	594918104
TSLA	TESLA INC	635 (+9.9%)	$286 (+11.1%)	0.2%	$355.49	+24.7%	COM	88160R101
HD	HOME DEPOT INC	621 (+5.1%)	$214 (-10.8%)	0.1%	$395.69	-7.9%	COM	437076102
DFAE	DIMENSIONAL ETF TRUST	7,605 (+7.0%)	$248 (+10.5%)	0.2%	$26.06	—	EMGR CRE EQT MNG	25434V302
DAIC	CID HOLDCO INC	22,822 (+112.1%)	$10 (-62.5%)	0.0%	$3.27	-36.8%	COM	171756109

Exited Positions (23)

APH AMPHENOL CORP NEW 1.0%

Value ($000) $1,596 Shares 12,896 Est. Cost $109.40 Unrealized +22.1%

FISV FISERV INC 0.5%

Value ($000) $806 Shares 6,250 Est. Cost $143.31 Unrealized -41.5%

AJG GALLAGHER ARTHUR J & CO 0.5%

Value ($000) $775 Shares 2,501 Est. Cost $300.20 Unrealized -12.0%

VRSK VERISK ANALYTICS INC 0.5%

Value ($000) $729 Shares 2,900 Est. Cost $273.52 Unrealized -17.6%

TMO THERMO FISHER SCIENTIFIC INC 0.4%

Value ($000) $626 Shares 1,291 Est. Cost $464.78 Unrealized +21.6%

SPGI S&P GLOBAL INC 0.4%

Value ($000) $589 Shares 1,211 Est. Cost $533.84 Unrealized -7.4%

XYL XYLEM INC 0.4%

Value ($000) $587 Shares 3,981 Est. Cost $138.06 Unrealized +4.0%

DHR DANAHER CORPORATION 0.4%

Value ($000) $555 Shares 2,801 Est. Cost $198.37 Unrealized +10.7%

VRT VERTIV HOLDINGS CO 0.3%

Value ($000) $468 Shares 3,101 Est. Cost $133.31 Unrealized +30.2%

GOOG ALPHABET INC 0.3%

Value ($000) $410 Shares 1,683 Est. Cost $209.93 Unrealized +36.4%

ATR APTARGROUP INC 0.3%

Value ($000) $401 Shares 3,001 Est. Cost $143.40 Unrealized -14.3%

ROP ROPER TECHNOLOGIES INC 0.3%

Value ($000) $399 Shares 801 Est. Cost $531.36 Unrealized -13.0%

CHD CHURCH & DWIGHT CO INC 0.3%

Value ($000) $386 Shares 4,401 Est. Cost $93.26 Unrealized -8.6%

WAT WATERS CORP 0.2%

Value ($000) $360 Shares 1,200 Est. Cost $301.75 Unrealized +21.9%

V VISA INC 0.2%

Value ($000) $348 Shares 1,019 Est. Cost $345.14 Unrealized -1.4%

FIS FIDELITY NATL INFORMATION SV 0.2%

Value ($000) $333 Shares 5,052 Est. Cost $72.15 Unrealized -9.0%

ENB ENBRIDGE INC 0.2%

Value ($000) $281 Shares 5,562 Est. Cost $46.12 Unrealized +2.2%

IEX IDEX CORP 0.2%

Value ($000) $261 Shares 1,601 Est. Cost $168.10 Unrealized +1.6%

DVY ISHARES TR 0.1%

Value ($000) $222 Shares 1,565 Est. Cost $142.10 Unrealized —

AIZ ASSURANT INC 0.1%

Value ($000) $211 Shares 976 Est. Cost $201.63 Unrealized +10.5%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $206 Shares 259 Est. Cost $734.84 Unrealized +10.7%

USB US BANCORP DEL 0.1%

Value ($000) $205 Shares 4,237 Est. Cost $46.35 Unrealized +5.1%

BAER BRIDGER AEROSPACE GRP HLDGS 0.0%

Value ($000) $25 Shares 13,607 Est. Cost $2.70 Unrealized -35.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APH	AMPHENOL CORP NEW	12,896	$1,596	1.0%	$109.40	+22.1%	—	032095101
FISV	FISERV INC	6,250	$806	0.5%	$143.31	-41.5%	—	337738108
AJG	GALLAGHER ARTHUR J & CO	2,501	$775	0.5%	$300.20	-12.0%	—	363576109
VRSK	VERISK ANALYTICS INC	2,900	$729	0.5%	$273.52	-17.6%	—	92345Y106
TMO	THERMO FISHER SCIENTIFIC INC	1,291	$626	0.4%	$464.78	+21.6%	—	883556102
SPGI	S&P GLOBAL INC	1,211	$589	0.4%	$533.84	-7.4%	—	78409V104
XYL	XYLEM INC	3,981	$587	0.4%	$138.06	+4.0%	—	98419M100
DHR	DANAHER CORPORATION	2,801	$555	0.4%	$198.37	+10.7%	—	235851102
VRT	VERTIV HOLDINGS CO	3,101	$468	0.3%	$133.31	+30.2%	—	92537N108
GOOG	ALPHABET INC	1,683	$410	0.3%	$209.93	+36.4%	—	02079K107
ATR	APTARGROUP INC	3,001	$401	0.3%	$143.40	-14.3%	—	038336103
ROP	ROPER TECHNOLOGIES INC	801	$399	0.3%	$531.36	-13.0%	—	776696106
CHD	CHURCH & DWIGHT CO INC	4,401	$386	0.3%	$93.26	-8.6%	—	171340102
WAT	WATERS CORP	1,200	$360	0.2%	$301.75	+21.9%	—	941848103
V	VISA INC	1,019	$348	0.2%	$345.14	-1.4%	—	92826C839
FIS	FIDELITY NATL INFORMATION SV	5,052	$333	0.2%	$72.15	-9.0%	—	31620M106
ENB	ENBRIDGE INC	5,562	$281	0.2%	$46.12	+2.2%	—	29250N105
IEX	IDEX CORP	1,601	$261	0.2%	$168.10	+1.6%	—	45167R104
DVY	ISHARES TR	1,565	$222	0.1%	$142.10	—	—	464287168
AIZ	ASSURANT INC	976	$211	0.1%	$201.63	+10.5%	—	04621X108
GS	GOLDMAN SACHS GROUP INC	259	$206	0.1%	$734.84	+10.7%	—	38141G104
USB	US BANCORP DEL	4,237	$205	0.1%	$46.35	+5.1%	—	902973304
BAER	BRIDGER AEROSPACE GRP HLDGS	13,607	$25	0.0%	$2.70	-35.3%	—	96812F102

Decreased Positions (9)

AAPL APPLE INC 0.4%

Value ($000) $587 (-61.1%) Shares 2,159 (-63.5%) Est. Cost $226.16 Unrealized +18.6%

ORCL ORACLE CORP 0.2%

Value ($000) $375 (-35.9%) Shares 1,925 (-7.5%) Est. Cost $175.17 Unrealized +35.9%

GOOGL ALPHABET INC 0.2%

Value ($000) $347 (-36.9%) Shares 1,110 (-51.0%) Est. Cost $209.20 Unrealized +36.5%

MU MICRON TECHNOLOGY INC 0.4%

Value ($000) $548 (-18.1%) Shares 1,922 (-52.0%) Est. Cost $108.57 Unrealized +111.2%

VBIL VANGUARD INSTL INDEX FD 2.2%

Value ($000) $3,303 (-1.8%) Shares 43,784 (-1.6%) Est. Cost $75.60 Unrealized —

VONV VANGUARD SCOTTSDALE FDS 0.6%

Value ($000) $959 (-4.8%) Shares 10,391 (-7.8%) Est. Cost $81.25 Unrealized —

ITOT ISHARES TR 0.2%

Value ($000) $279 (+0.8%) Shares 1,878 (-1.3%) Est. Cost $129.49 Unrealized —

WMT WALMART INC 0.6%

Value ($000) $863 (-0.0%) Shares 7,743 (-7.5%) Est. Cost $93.44 Unrealized +14.7%

NAK NORTHERN DYNASTY MINERALS LT 0.0%

Value ($000) $64 (+0.1%) Shares 32,434 (-39.0%) Est. Cost $1.12 Unrealized +72.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	2,159 (-63.5%)	$587 (-61.1%)	0.4%	$226.16	+18.6%	COM	037833100
ORCL	ORACLE CORP	1,925 (-7.5%)	$375 (-35.9%)	0.2%	$175.17	+35.9%	COM	68389X105
GOOGL	ALPHABET INC	1,110 (-51.0%)	$347 (-36.9%)	0.2%	$209.20	+36.5%	CAP STK CL A	02079K305
MU	MICRON TECHNOLOGY INC	1,922 (-52.0%)	$548 (-18.1%)	0.4%	$108.57	+111.2%	COM	595112103
VBIL	VANGUARD INSTL INDEX FD	43,784 (-1.6%)	$3,303 (-1.8%)	2.2%	$75.60	—	0-3 MO TREAS BIL	922040845
VONV	VANGUARD SCOTTSDALE FDS	10,391 (-7.8%)	$959 (-4.8%)	0.6%	$81.25	—	VNG RUS1000VAL	92206C714
ITOT	ISHARES TR	1,878 (-1.3%)	$279 (+0.8%)	0.2%	$129.49	—	CORE S&P TTL STK	464287150
WMT	WALMART INC	7,743 (-7.5%)	$863 (-0.0%)	0.6%	$93.44	+14.7%	COM	931142103
NAK	NORTHERN DYNASTY MINERALS LT	32,434 (-39.0%)	$64 (+0.1%)	0.0%	$1.12	+72.9%	COM NEW	66510M204

Unchanged Positions (9)

GME GAMESTOP CORP NEW 0.3%

Value ($000) $505 Shares 25,153 Est. Cost $25.63 Unrealized -12.4%

DFAT DIMENSIONAL ETF TRUST 5.1%

Value ($000) $7,863 Shares 132,058 Est. Cost $55.66 Unrealized —

BROS DUTCH BROS INC 0.5%

Value ($000) $726 Shares 11,861 Est. Cost $44.12 Unrealized +28.8%

INTU INTUIT 1.4%

Value ($000) $2,070 Shares 3,125 Est. Cost $609.88 Unrealized +8.3%

TIP ISHARES TR 1.8%

Value ($000) $2,775 Shares 25,252 Est. Cost $106.55 Unrealized —

DFAX DIMENSIONAL ETF TRUST 0.5%

Value ($000) $782 Shares 23,901 Est. Cost $25.39 Unrealized —

SPY SPDR S&P 500 ETF TR 0.8%

Value ($000) $1,296 Shares 1,900 Est. Cost $586.08 Unrealized —

LUCD LUCID DIAGNOSTICS INC 0.0%

Value ($000) $23 Shares 20,994 Est. Cost $0.97 Unrealized +14.9%

SCHO SCHWAB STRATEGIC TR 0.2%

Value ($000) $298 Shares 12,221 Est. Cost $24.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GME	GAMESTOP CORP NEW	25,153	$505	0.3%	$25.63	-12.4%	CL A	36467W109
DFAT	DIMENSIONAL ETF TRUST	132,058	$7,863	5.1%	$55.66	—	US TARGETED VLU	25434V609
BROS	DUTCH BROS INC	11,861	$726	0.5%	$44.12	+28.8%	CL A	26701L100
INTU	INTUIT	3,125	$2,070	1.4%	$609.88	+8.3%	COM	461202103
TIP	ISHARES TR	25,252	$2,775	1.8%	$106.55	—	TIPS BD ETF	464287176
DFAX	DIMENSIONAL ETF TRUST	23,901	$782	0.5%	$25.39	—	WORLD EX US CORE	25434V880
SPY	SPDR S&P 500 ETF TR	1,900	$1,296	0.8%	$586.08	—	TR UNIT	78462F103
LUCD	LUCID DIAGNOSTICS INC	20,994	$23	0.0%	$0.97	+14.9%	COM	54948X109
SCHO	SCHWAB STRATEGIC TR	12,221	$298	0.2%	$24.06	—	SHT TM US TRES	808524862