# EDGAR Filing Document

**Accession Number:** 0001286087
**File Stem:** 0000894189-25-018830
**Filing Date:** 2025-12
**Character Count:** 35516
**Document Hash:** 88bab914ebe78961250ab8e8ce3df474
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-018830.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0000894189-25-018830

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PERRITT FUNDS INC
- **CENTRAL INDEX KEY:** 0001286087

**ORGANIZATION NAME:**
- **EIN:** 043788672
- **STATE OF INCORPORATION:** MD

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21556
- **FILM NUMBER:** 251600108

**BUSINESS ADDRESS:**
- **STREET 1:** 300 S. WACKER DRIVE
- **STREET 2:** SUITE 600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-669-1650

**MAIL ADDRESS:**
- **STREET 1:** 300 S. WACKER DRIVE
- **STREET 2:** SUITE 600
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Series and Classes Contracts Data

### Perritt MicroCap Opportunities Fund (Series ID: S000039929)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000123834 | Investor Class | PRCGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Perritt Funds Inc

- **b. Investment Company Act file number:** 811-21556

- **c. CIK number of Registrant:** 0001286087

- **d. LEI of Registrant:** 549300OLJ7DQJB66FB73

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 300 South Wacker Drive

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-669-1650

**Item A.2. Information about the Series.**

- **a. Name of Series:** Perritt MicroCap Opportunities Fund

- **b. EDGAR series identifier (if any):** S000039929

- **c. LEI of Series:** 549300JJYNZSL3L6CO22

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $60157278.26

**Total Liabilities:** $161563.47

**Net Assets:** $59995714.79

**Cash Not Reported:** $110.16

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000123834 | 10.29%               | 3.14%                | -1.19%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1060761.33              | $4641110.67                                |
| Month 2  | $593966.15               | $1266617.06                                |
| Month 3  | $-24300.98               | $-726888.54                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                   | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alico Inc                              | Alico Inc                                | CUSIP: 016230104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11000 | NS      | $387310.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Carriage Services Inc                  | Carriage Services Inc                    | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $447000.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                             | EZCORP Inc                               | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |     70000 | NS      | $1277500.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Information Services Group Inc         | Information Services Group Inc           | CUSIP: 45675Y104<br>LEI: 549300ZUNI6DQ0G8Q273 | Long             | EC               | CORP              | US        |    123883 | NS      | $682595.33    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc/TN               | Miller Industries Inc/TN                 | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |     26000 | NS      | $1043640.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc                  | NPK International Inc                    | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    120000 | NS      | $1476000.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Group Holdings Inc               | Orion Group Holdings Inc                 | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |     70000 | NS      | $753900.00    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Aebi Schmidt Holding AG                | Aebi Schmidt Holding AG                  | CUSIP: N/A<br>LEI: 506700TN58RT735OV464       | Long             | EC               | CORP              | CH        |     30004 | NS      | $334544.60    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| A-Mark Precious Metals Inc             | A-Mark Precious Metals Inc               | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |     25000 | NS      | $664500.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Avino Silver & Gold Mines Ltd          | Avino Silver & Gold Mines Ltd            | CUSIP: 053906103<br>LEI: 549300DZZNDMPML1VJ37 | Long             | EC               | CORP              | CA        |    465000 | NS      | $2162250.00   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                           | Bel Fuse Inc                             | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     12000 | NS      | $1847880.00   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Biote Corp                             | Biote Corp                               | CUSIP: 090683103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $287000.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings Inc                  | BlueLinx Holdings Inc                    | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |      5000 | NS      | $327200.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp                | CECO Environmental Corp                  | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     12000 | NS      | $586680.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Casinos Inc                    | Century Casinos Inc                      | CUSIP: 156492100<br>LEI: 549300H2L4Y24HXY7M50 | Long             | EC               | CORP              | US        |    104000 | NS      | $199680.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| DLH Holdings Corp                      | DLH Holdings Corp                        | CUSIP: 23335Q100<br>LEI: 549300KRYPLQFKWVTE62 | Long             | EC               | CORP              | US        |    140000 | NS      | $870800.00    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Data Storage Corp                      | Data Storage Corp                        | CUSIP: 23786R201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40000 | NS      | $167600.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Greystone Logistics Inc                | Greystone Logistics Inc                  | CUSIP: 39807A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125000 | NS      | $102500.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Modiv Industrial Inc                   | Modiv Industrial Inc                     | CUSIP: 60784B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23000 | NS      | $331660.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Resource Holding Corp            | Quest Resource Holding Corp              | CUSIP: 74836W203<br>LEI: 54930088J62L2GTB0F58 | Long             | EC               | CORP              | US        |     90000 | NS      | $136800.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| US Global Investors Inc                | US Global Investors Inc                  | CUSIP: 902952100<br>LEI: 529900IRM26R91LI8531 | Long             | EC               | CORP              | US        |    400000 | NS      | $996000.00    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultralife Corp                         | Ultralife Corp                           | CUSIP: 903899102<br>LEI: 529900NVAFLKA00F3U05 | Long             | EC               | CORP              | US        |     65000 | NS      | $456950.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Build-A-Bear Workshop Inc              | Build-A-Bear Workshop Inc                | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |      5000 | NS      | $271100.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Atlantic Real Estate F         | Chicago Atlantic Real Estate Finance Inc | CUSIP: 167239102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $257200.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corp                | Flushing Financial Corp                  | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $341750.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Housing Corp                    | Legacy Housing Corp                      | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68000 | NS      | $1526940.00   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| McEwen Inc                             | McEwen Inc                               | CUSIP: 58039P305<br>LEI: 5493000FX50GEWAF3U70 | Long             | EC               | CORP              | CA        |     68000 | NS      | $1246440.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Nature's Sunshine Products Inc         | Nature's Sunshine Products Inc           | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $337000.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Logistics Inc                  | Radiant Logistics Inc                    | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |    260000 | NS      | $1573000.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VirTra Inc                             | VirTra Inc                               | CUSIP: 92827K301<br>LEI: 549300BGHL1PW2M7IZ13 | Long             | EC               | CORP              | US        |     58264 | NS      | $354245.12    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYX Platforms Corp                    | SKYX Platforms Corp                      | CUSIP: 78471E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110000 | NS      | $193600.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensus Healthcare Inc                  | Sensus Healthcare Inc                    | CUSIP: 81728J109<br>LEI: 549300F3JF8NCDJJZW04 | Long             | EC               | CORP              | US        |    125586 | NS      | $400619.34    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Devices Inc                     | Taylor Devices Inc                       | CUSIP: 877163105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $320390.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TechPrecision Corp                     | TechPrecision Corp                       | CUSIP: 878739200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $246500.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Viemed Healthcare Inc                  | Viemed Healthcare Inc                    | CUSIP: 92663R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $646000.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks Inc                     | Aviat Networks Inc                       | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     22000 | NS      | $549120.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Bowman Consulting Group Ltd            | Bowman Consulting Group Ltd              | CUSIP: 103002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $649350.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Lithium Corp                     | Atlas Lithium Corp                       | CUSIP: 105861306<br>LEI: 5493006FIK0ZLW06RD76 | Long             | EC               | CORP              | BR        |     45000 | NS      | $240750.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Assertio Holdings Inc                  | Assertio Holdings Inc                    | CUSIP: 04546C205<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    210000 | NS      | $156324.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Creative Realities Inc                 | Creative Realities Inc                   | CUSIP: 22530J309<br>LEI: 5493009BPEB04TIQA243 | Long             | EC               | CORP              | US        |    160000 | NS      | $468800.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| DHI Group Inc                          | DHI Group Inc                            | CUSIP: 23331S100<br>LEI: 529900489RAC0CU0AO81 | Long             | EC               | CORP              | US        |    225000 | NS      | $436500.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp                  | Endeavour Silver Corp                    | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |    150000 | NS      | $1230000.00   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IBEX Holdings Ltd                      | IBEX Holdings Ltd                        | CUSIP: N/A<br>LEI: 5493000GRFLPVYU2CX17       | Long             | EC               | CORP              | US        |     10000 | NS      | $373700.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Arq Inc                                | Arq Inc                                  | CUSIP: 00770C101<br>LEI: 52990086HRJSW2EZQH40 | Long             | EC               | CORP              | US        |     75000 | NS      | $498000.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BK Technologies Corp                   | BK Technologies Corp                     | CUSIP: 05587G203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14000 | NS      | $1045940.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Coda Octopus Group Inc                 | Coda Octopus Group Inc                   | CUSIP: 19188U206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45000 | NS      | $461250.00    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions Inc          | Consensus Cloud Solutions Inc            | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $351840.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Petroleum Corp               | Evolution Petroleum Corp                 | CUSIP: 30049A107<br>LEI: 549300P9ZXGJZ6SSM116 | Long             | EC               | CORP              | US        |    150000 | NS      | $657000.00    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| First Internet Bancorp                 | First Internet Bancorp                   | CUSIP: 320557101<br>LEI: 549300T25MP2M92XU194 | Long             | EC               | CORP              | US        |     16500 | NS      | $292710.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Forum Energy Technologies Inc          | Forum Energy Technologies Inc            | CUSIP: 34984V209<br>LEI: 549300SF93HLCR1REE27 | Long             | EC               | CORP              | US        |     10000 | NS      | $267800.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Gencor Industries Inc                  | Gencor Industries Inc                    | CUSIP: 368678108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37367 | NS      | $507817.53    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Water Resources Inc             | Global Water Resources Inc               | CUSIP: 379463102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35000 | NS      | $347200.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Foods Group Inc                     | HF Foods Group Inc                       | CUSIP: 40417F109<br>LEI: 54930040ARMFXM6CL697 | Long             | EC               | CORP              | US        |    120000 | NS      | $259200.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Global Inc                    | Heritage Global Inc                      | CUSIP: 42727E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    240000 | NS      | $352800.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Immersion Corp                         | Immersion Corp                           | CUSIP: 452521107<br>LEI: 529900AKNC1UAMQ2YB35 | Long             | EC               | CORP              | US        |     62000 | NS      | $414780.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| InfuSystem Holdings Inc                | InfuSystem Holdings Inc                  | CUSIP: 45685K102<br>LEI: 549300F58N8PHJ4QUI59 | Long             | EC               | CORP              | US        |     75000 | NS      | $777000.00    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Karat Packaging Inc                    | Karat Packaging Inc                      | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |     10000 | NS      | $240200.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc                     | LSI Industries Inc                       | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |     38000 | NS      | $869820.00    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Industries Inc                | Lakeland Industries Inc                  | CUSIP: 511795106<br>LEI: 549300HGP70IM9WKU164 | Long             | EC               | CORP              | US        |     44000 | NS      | $724240.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Medexus Pharmaceuticals Inc            | Medexus Pharmaceuticals Inc              | CUSIP: 58410Q203<br>LEI: 8945002TBEYY0HLH1M19 | Long             | EC               | CORP              | CA        |    125000 | NS      | $244762.50    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitek Systems Inc                      | Mitek Systems Inc                        | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     60000 | NS      | $552600.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Modular Medical Inc                    | Modular Medical Inc                      | CUSIP: 60785L207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85000 | NS      | $42066.50     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                         | Photronics Inc                           | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     30000 | NS      | $717000.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Powerfleet Inc NJ                      | Powerfleet Inc NJ                        | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |    190000 | NS      | $969000.00    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Solutions International          | Power Solutions International Inc        | CUSIP: 73933G202<br>LEI: 549300JWGWDXC70SNH31 | Long             | EC               | CORP              | US        |      5000 | NS      | $428100.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Research Solutions Inc/CA              | Research Solutions Inc/CA                | CUSIP: 761025105<br>LEI: 549300TYWPCKGK141Q94 | Long             | EC               | CORP              | US        |    305518 | NS      | $989878.32    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercrest Asset Management G         | Silvercrest Asset Management Group Inc   | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110000 | NS      | $1555400.00   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute          | Universal Technical Institute Inc        | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |     15000 | NS      | $445800.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Equity Holdings Inc               | Star Equity Holdings Inc                 | CUSIP: 443787205<br>LEI: 54930073WVI9H7ILKL69 | Long             | EC               | CORP              | US        |     55000 | NS      | $606100.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Gas Services Group Inc         | Natural Gas Services Group Inc           | CUSIP: 63886Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $473280.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Ooma Inc                               | Ooma Inc                                 | CUSIP: 683416101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40000 | NS      | $449200.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Paysign Inc                            | Paysign Inc                              | CUSIP: 70451A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $154950.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Perma-Fix Environmental Servic         | Perma-Fix Environmental Services Inc     | CUSIP: 714157203<br>LEI: 54930015OVD1T5P12U15 | Long             | EC               | CORP              | US        |    153000 | NS      | $2094570.00   | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Cycle Corp                        | Pure Cycle Corp                          | CUSIP: 746228303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35000 | NS      | $385350.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Superior Group of Cos Inc              | Superior Group of Cos Inc                | CUSIP: 868358102<br>LEI: UOX145EEO0TB0ZWX2152 | Long             | EC               | CORP              | US        |     45000 | NS      | $420300.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascent Industries Co                   | Ascent Industries Co                     | CUSIP: 871565107<br>LEI: 549300U2S5125001TS43 | Long             | EC               | CORP              | US        |     24000 | NS      | $291840.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bank Money Market Deposit Account | U.S. Bank Money Market Deposit Account   | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4385344 | NS      | $4385343.82   | 7.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Twin Disc Inc                          | Twin Disc Inc                            | CUSIP: 901476101<br>LEI: 549300FR8EHCY14BLP32 | Long             | EC               | CORP              | US        |     25000 | NS      | $391500.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Antimony Corp            | United States Antimony Corp              | CUSIP: 911549103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $242100.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Usio Inc                               | Usio Inc                                 | CUSIP: 917313108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    340000 | NS      | $499800.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| VAALCO Energy Inc                      | VAALCO Energy Inc                        | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |     65000 | NS      | $255450.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Where Food Comes From Inc              | Where Food Comes From Inc                | CUSIP: 96327X200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13000 | NS      | $163670.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Technologies Internat         | Northern Technologies International Corp | CUSIP: 665809109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    152810 | NS      | $1135378.30   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| NWPX Infrastructure Inc                | NWPX Infrastructure Inc                  | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |     20000 | NS      | $1203200.00   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitesse Energy Inc                     | Vitesse Energy Inc                       | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $326250.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Perion Network Ltd                     | Perion Network Ltd                       | CUSIP: N/A<br>LEI: 529900SL7HYNVD6HG708       | Long             | EC               | CORP              | IL        |     50000 | NS      | $465000.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Entertainment Holding         | Alliance Entertainment Holding Corp      | CUSIP: 01861F102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51273 | NS      | $329172.66    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software Inc                     | Asure Software Inc                       | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40000 | NS      | $354000.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Aytu BioPharma Inc                     | Aytu BioPharma Inc                       | CUSIP: 054754858<br>LEI: 549300SMWHEALCU7Q019 | Long             | EC               | CORP              | US        |     20000 | NS      | $45400.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Flexible Solutions Internation         | Flexible Solutions International Inc     | CUSIP: 33938T104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     90000 | NS      | $815400.00    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| High Tide Inc                          | High Tide Inc                            | CUSIP: 42981E401<br>LEI: 529900J22WX18I890H12 | Long             | EC               | CORP              | CA        |    100000 | NS      | $311000.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services C         | Lincoln Educational Services Corp        | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |     25000 | NS      | $485500.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Mayville Engineering Co Inc            | Mayville Engineering Co Inc              | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |     30000 | NS      | $534600.00    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorcar Parts of America Inc          | Motorcar Parts of America Inc            | CUSIP: 620071100<br>LEI: 549300AG4610OSV3H429 | Long             | EC               | CORP              | US        |     57000 | NS      | $972420.00    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NetSol Technologies Inc                | NetSol Technologies Inc                  | CUSIP: 64115A402<br>LEI: 529900EXOTPTUR7O6B54 | Long             | EC               | CORP              | US        |    100000 | NS      | $439000.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Quipt Home Medical Corp                | Quipt Home Medical Corp                  | CUSIP: 74880P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90000 | NS      | $220500.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Vox Royalty Corp                       | Vox Royalty Corp                         | CUSIP: 92919F103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70000 | NS      | $298900.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-22

**Name of Applicant:** Perritt Funds Inc

**Signature:** /s/ Lynn Burmeister

**Name of Signer:** Lynn Burmeister

**Title:** Chief Compliance Officer