# EDGAR Filing Document

**Accession Number:** 0001398825
**File Stem:** 0000919574-25-006910
**Filing Date:** 2025-11
**Character Count:** 8298
**Document Hash:** a5e3e754351d023c0b6c3f8ad1255b13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-006910.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0000919574-25-006910

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**EFFECTIVENESS DATE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Archon Capital Management LLC
- **CENTRAL INDEX KEY:** 0001398825

**ORGANIZATION NAME:**
- **EIN:** 593776072
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13742
- **FILM NUMBER:** 251483969

**BUSINESS ADDRESS:**
- **STREET 1:** 1100 19TH AVENUE EAST
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98112
- **BUSINESS PHONE:** (206) 438-1865

**MAIL ADDRESS:**
- **STREET 1:** 1100 19TH AVENUE EAST
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98112

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Archon Capital Management LLC<br>**Address:** 1100 19th Avenue East<br>Seattle, WA 98112

**Form 13F File Number:** 028-13742

**CRD Number (if applicable):** 000130499

**SEC File Number (if applicable):** 801-67811

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Constantinos J. Christofilis<br>**Title:** Managing Member<br>**Phone:** 206-436-3600

**Signature, Place, and Date of Signing:**

/s/ Constantinos J. Christofilis  Seattle, WA  11-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 46

**Form 13F Information Table Value Total:** $167902254

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1STDIBS COM INC | COM | 320551104 |  | 308005 | 118921 | SH |  | SOLE |  | 118921 | 0 | 0 |
| APYX MEDICAL CORPORATION | COM | 03837C106 |  | 7022380 | 3281486 | SH |  | SOLE |  | 3281486 | 0 | 0 |
| BABCOCK  WILCOX ENTERPRISES | COM | 05614L209 |  | 5381081 | 1855545 | SH |  | SOLE |  | 1855545 | 0 | 0 |
| BANDWIDTH INC | COM CL A | 05988J103 |  | 5816730 | 348934 | SH |  | SOLE |  | 348934 | 0 | 0 |
| BRAZE INC | COM CL A | 10576N102 |  | 7520873 | 264447 | SH |  | SOLE |  | 264447 | 0 | 0 |
| BYRNA TECHNOLOGIES INC | COM NEW | 12448X201 |  | 3279680 | 148000 | SH |  | SOLE |  | 148000 | 0 | 0 |
| CRYOPORT INC | COM PAR $0.001 | 229050307 |  | 2372541 | 250268 | SH |  | SOLE |  | 250268 | 0 | 0 |
| CVRX INC | COM | 126638105 |  | 1161822 | 143968 | SH |  | SOLE |  | 143968 | 0 | 0 |
| DHI GROUP INC | COM | 23331S100 |  | 1997077 | 718373 | SH |  | SOLE |  | 718373 | 0 | 0 |
| EL POLLO LOCO HLDGS INC | COM | 268603107 |  | 1362753 | 140490 | SH |  | SOLE |  | 140490 | 0 | 0 |
| ELASTIC N V | ORD SHS | N14506104 |  | 2534700 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 8423924 | 442433 | SH |  | SOLE |  | 442433 | 0 | 0 |
| HEALTHCARE SVCS GROUP INC | COM | 421906108 |  | 4186294 | 248740 | SH |  | SOLE |  | 248740 | 0 | 0 |
| KOPIN CORP | COM | 500600101 |  | 2696661 | 1109737 | SH |  | SOLE |  | 1109737 | 0 | 0 |
| KORU MEDICAL SYSTEMS INC | COM | 759910102 |  | 2681563 | 700147 | SH |  | SOLE |  | 700147 | 0 | 0 |
| LAIRD SUPERFOOD INC | COM STK | 50736T102 |  | 504253 | 90368 | SH |  | SOLE |  | 90368 | 0 | 0 |
| LIGHTPATH TECHNOLOGIES INC | COM CL A | 532257805 |  | 1794527 | 226296 | SH |  | SOLE |  | 226296 | 0 | 0 |
| LSI INDS INC OHIO | COM | 50216C108 |  | 4283728 | 181437 | SH |  | SOLE |  | 181437 | 0 | 0 |
| MATERIALISE NV | SPONSORED ADS | 57667T100 |  | 2420878 | 434628 | SH |  | SOLE |  | 434628 | 0 | 0 |
| MERCURY SYS INC | COM | 589378108 |  | 1904040 | 24600 | SH |  | SOLE |  | 24600 | 0 | 0 |
| M-TRON INDS INC | COM | 55380K109 |  | 6559567 | 118233 | SH |  | SOLE |  | 118233 | 0 | 0 |
| OLAPLEX HLDGS INC | COM | 679369108 |  | 4168838 | 3182319 | SH |  | SOLE |  | 3182319 | 0 | 0 |
| OMADA HEALTH INC | COM | 68170A108 |  | 6662008 | 301312 | SH |  | SOLE |  | 301312 | 0 | 0 |
| ONE STOP SYS INC | COM | 68247W109 |  | 2555712 | 476812 | SH |  | SOLE |  | 476812 | 0 | 0 |
| OPTEX SYS HLDGS INC | COM NEW | 68384X209 |  | 1081600 | 83910 | SH |  | SOLE |  | 83910 | 0 | 0 |
| ORION GROUP HLDGS INC | COM | 68628V308 |  | 3193299 | 383810 | SH |  | SOLE |  | 383810 | 0 | 0 |
| OWLET INC | CL A NEW | 69120X206 |  | 494758 | 58413 | SH |  | SOLE |  | 58413 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 7057226 | 543700 | SH |  | SOLE |  | 543700 | 0 | 0 |
| POWELL INDS INC | COM | 739128106 |  | 5486580 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 |  | 8202172 | 771606 | SH |  | SOLE |  | 771606 | 0 | 0 |
| RED ROBIN GOURMET BURGERS IN | COM | 75689M101 |  | 1415719 | 206373 | SH |  | SOLE |  | 206373 | 0 | 0 |
| SAVERS VALUE VLG INC | COM | 80517M109 |  | 10187488 | 768867 | SH |  | SOLE |  | 768867 | 0 | 0 |
| SOPHIA GENETICS SA | ORDINARY SHARES | H82027105 |  | 2032858 | 427071 | SH |  | SOLE |  | 427071 | 0 | 0 |
| SOUNDTHINKING INC | COM | 82536T107 |  | 2007146 | 166430 | SH |  | SOLE |  | 166430 | 0 | 0 |
| SPORTSMANS WHSE HLDGS INC | COM | 84920Y106 |  | 3049089 | 1100754 | SH |  | SOLE |  | 1100754 | 0 | 0 |
| SPRINKLR INC | CL A | 85208T107 |  | 2316000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| STEREOTAXIS INC | COM NEW | 85916J409 |  | 3812997 | 1226044 | SH |  | SOLE |  | 1226044 | 0 | 0 |
| SYNCHRONOSS TECHNOLOGIES INC | COM NEW | 87157B400 |  | 1374493 | 226068 | SH |  | SOLE |  | 226068 | 0 | 0 |
| TERADATA CORP DEL | COM | 88076W103 |  | 6199870 | 288232 | SH |  | SOLE |  | 288232 | 0 | 0 |
| THREDUP INC | CL A | 88556E102 |  | 2328953 | 246450 | SH |  | SOLE |  | 246450 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 5635067 | 56300 | SH |  | SOLE |  | 56300 | 0 | 0 |
| VELO3D INC | COM NEW | 92259N302 |  | 64706 | 21077 | SH |  | SOLE |  | 21077 | 0 | 0 |
| WEBULL CORP | ORD SHS | G9572D103 |  | 5176500 | 350000 | SH |  | SOLE |  | 350000 | 0 | 0 |
| WIX COM LTD | SHS | M98068105 |  | 5488767 | 30900 | SH |  | SOLE |  | 30900 | 0 | 0 |
| XPONENTIAL FITNESS INC | COM CL A | 98422X101 |  | 2006081 | 257520 | SH |  | SOLE |  | 257520 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 1691250 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |

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