# EDGAR Filing Document

**Accession Number:** 0001105907
**File Stem:** 0001105907-26-000003
**Filing Date:** 2026-2
**Character Count:** 26848
**Document Hash:** a14d2a9d1dbc44f416b5bd5b47c998c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001105907-26-000003.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001105907-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARD ASSOCIATES INC
- **CENTRAL INDEX KEY:** 0001105907

**ORGANIZATION NAME:**
- **EIN:** 363452497
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11597
- **FILM NUMBER:** 26631612

**BUSINESS ADDRESS:**
- **STREET 1:** 233 SOUTH WACKER DRIVE
- **STREET 2:** SUITE 4400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3127829600

**MAIL ADDRESS:**
- **STREET 1:** 233 SOUTH WACKER DRIVE
- **STREET 2:** SUITE 4400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** BARD ASSOCIATES INC<br>**Address:** 233 SOUTH WACKER DRIVE<br>SUITE 4400<br>CHICAGO, IL 60606

**Form 13F File Number:** 028-11597

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:** Molly Wheeler<br>**Title:** Compliance Consultant<br>**Phone:** (720) 343-1278

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

Molly Wheeler  Broomfield, CO  02-13-2026<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:** 241

**Form 13F Information Table Value Total:** $389474893

      (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 |
| ABRDN EMERGING MARKETS EX CH | COM | 00301W105 |  | 57232 | 7971 | SH |  | SOLE |  | 0 | 0 | 7971 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 22916 | 85 | SH |  | SOLE |  | 0 | 0 | 85 |
| ACCESS NEWSWIRE INC | COM NEW | 46520M204 |  | 1197180 | 128729 | SH |  | SOLE |  | 0 | 0 | 128729 |
| ACME UTD CORP | COM | 004816104 |  | 4405987 | 109303 | SH |  | SOLE |  | 0 | 0 | 109303 |
| AEHR TEST SYS | COM | 00760J108 |  | 3630021 | 179793 | SH |  | SOLE |  | 0 | 0 | 179793 |
| AIRGAIN INC | COM | 00938A104 |  | 361872 | 89131 | SH |  | SOLE |  | 0 | 0 | 89131 |
| ALICO INC | COM | 016230104 |  | 2019927 | 55523 | SH |  | SOLE |  | 0 | 0 | 55523 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 34929 | 219 | SH |  | SOLE |  | 0 | 0 | 219 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 52271 | 167 | SH |  | SOLE |  | 0 | 0 | 167 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 40938 | 130 | SH |  | SOLE |  | 0 | 0 | 130 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 8112220 | 172527 | SH |  | SOLE |  | 0 | 0 | 172527 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 50690 | 863 | SH |  | SOLE |  | 0 | 0 | 863 |
| AMERIS BANCORP | COM | 03076K108 |  | 697693 | 9369 | SH |  | SOLE |  | 0 | 0 | 9369 |
| AMPLITECH GROUP INC | *W EXP 02/26/202 | 03211Q119 |  | 75 | 930 | SH |  | SOLE |  | 0 | 0 | 930 |
| AMPLITECH GROUP INC | COM NEW | 03211Q200 |  | 4786180 | 1600729 | SH |  | SOLE |  | 0 | 0 | 1600729 |
| APPLE INC | COM | 037833100 |  | 108744 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| ARCHROCK INC | COM | 03957W106 |  | 4745814 | 182391 | SH |  | SOLE |  | 0 | 0 | 182391 |
| ARROWMARK FINANCIAL CORP | COM | 861780104 |  | 8461 | 370 | SH |  | SOLE |  | 0 | 0 | 370 |
| ASCENT INDUSTRIES CO | COM | 871565107 |  | 5279932 | 326123 | SH |  | SOLE |  | 0 | 0 | 326123 |
| ATOMERA INC | COM | 04965B100 |  | 221 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 28162 | 109 | SH |  | SOLE |  | 0 | 0 | 109 |
| AUTOZONE INC | COM | 053332102 |  | 30524 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| AVINO SILVER  GOLD MINES LT | COM | 053906103 |  | 2969908 | 478246 | SH |  | SOLE |  | 0 | 0 | 478246 |
| BALCHEM CORP | COM | 057665200 |  | 246912 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| BARRETT BUSINESS SVCS INC | COM | 068463108 |  | 50260 | 1388 | SH |  | SOLE |  | 0 | 0 | 1388 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1526549 | 3037 | SH |  | SOLE |  | 0 | 0 | 3037 |
| BIOFRONTERA INC | *W EXP 10/27/202 | 09077D118 |  | 13941 | 154900 | SH |  | SOLE |  | 0 | 0 | 154900 |
| BIOVENTUS INC | COM CL A | 09075A108 |  | 5268 | 708 | SH |  | SOLE |  | 0 | 0 | 708 |
| BJS RESTAURANTS INC | COM | 09180C106 |  | 19700 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| BK TECHNOLOGIES CORPORATION | COM NEW | 05587G203 |  | 5175875 | 69391 | SH |  | SOLE |  | 0 | 0 | 69391 |
| BLACKSTONE INC | COM | 09260D107 |  | 77070 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 32491 | 6 | SH |  | SOLE |  | 0 | 0 | 6 |
| BRANCHOUT FOOD INC | COM | 105230106 |  | 3290028 | 1034600 | SH |  | SOLE |  | 0 | 0 | 1034600 |
| BRIDGELINE DIGITAL INC | COM | 10807Q700 |  | 962475 | 1159328 | SH |  | SOLE |  | 0 | 0 | 1159328 |
| BRT APARTMENTS CORP | COM | 055645303 |  | 11931 | 798 | SH |  | SOLE |  | 0 | 0 | 798 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 19035 | 185 | SH |  | SOLE |  | 0 | 0 | 185 |
| BURFORD CAP LTD | ORD SHS | G17977110 |  | 90 | 10 | SH |  | SOLE |  | 0 | 0 | 10 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 47174 | 292 | SH |  | SOLE |  | 0 | 0 | 292 |
| CALLAN JMB INC | COM | 131100109 |  | 310408 | 279646 | SH |  | SOLE |  | 0 | 0 | 279646 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 21162 | 189 | SH |  | SOLE |  | 0 | 0 | 189 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 10145 | 111 | SH |  | SOLE |  | 0 | 0 | 111 |
| CARETRUST REIT INC | COM | 14174T107 |  | 412359 | 11299 | SH |  | SOLE |  | 0 | 0 | 11299 |
| CARRIAGE SVCS INC | COM | 143905107 |  | 4215407 | 99655 | SH |  | SOLE |  | 0 | 0 | 99655 |
| CDW CORP | COM | 12514G108 |  | 16004 | 117 | SH |  | SOLE |  | 0 | 0 | 117 |
| CECO ENVIRONMENTAL CORP | COM | 125141101 |  | 415539 | 6943 | SH |  | SOLE |  | 0 | 0 | 6943 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 1774712 | 38800 | SH |  | SOLE |  | 0 | 0 | 38800 |
| CENTERSPACE | COM | 15202L107 |  | 1650 | 15 | SH |  | SOLE |  | 0 | 0 | 15 |
| CLEARFIELD INC | COM | 18482P103 |  | 224747 | 7710 | SH |  | SOLE |  | 0 | 0 | 7710 |
| CLIMB GLOBAL SOLUTIONS INC | COM | 946760105 |  | 55199 | 537 | SH |  | SOLE |  | 0 | 0 | 537 |
| COCA COLA CO | COM | 191216100 |  | 30462 | 436 | SH |  | SOLE |  | 0 | 0 | 436 |
| COEUR MNG INC | COM NEW | 192108504 |  | 525665 | 29482 | SH |  | SOLE |  | 0 | 0 | 29482 |
| COHERENT CORP | COM | 19247G107 |  | 14303991 | 77499 | SH |  | SOLE |  | 0 | 0 | 77499 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 21025 | 266 | SH |  | SOLE |  | 0 | 0 | 266 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| COMPOSECURE INC | COM CL A | 20459V105 |  | 5520077 | 286311 | SH |  | SOLE |  | 0 | 0 | 286311 |
| CONCRETE PUMPING HLDGS INC | COM | 206704108 |  | 16775 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| CORE MOLDING TECHNOLOGIES IN | COM | 218683100 |  | 2917576 | 145515 | SH |  | SOLE |  | 0 | 0 | 145515 |
| CREXENDO INC | COM | 226552107 |  | 3898434 | 602540 | SH |  | SOLE |  | 0 | 0 | 602540 |
| CUSTOMERS BANCORP INC | COM | 23204G100 |  | 14624 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| DATA I O CORP | COM | 237690102 |  | 317 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| DATA STORAGE CORP | *W EXP 05/18/202 | 23786R110 |  | 32881 | 143021 | SH |  | SOLE |  | 0 | 0 | 143021 |
| DATA STORAGE CORP | COM NEW | 23786R201 |  | 1169900 | 228496 | SH |  | SOLE |  | 0 | 0 | 228496 |
| DIREXION SHS ETF TR | CALL | 25460G195 |  | 12777 | 300 | PRN | Call | SOLE |  | 0 | 0 | 300 |
| DIREXION SHS ETF TR | DL FTSE BULL 3X | 25460G195 |  | 30882 | 725 | SH |  | SOLE |  | 0 | 0 | 725 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 11225 | 996 | SH |  | SOLE |  | 0 | 0 | 996 |
| DUOS TECHNOLOGIES GROUP INC | COM | 266042407 |  | 1215 | 108 | SH |  | SOLE |  | 0 | 0 | 108 |
| EATON VANCE FLTING RATE INC | COM | 278279104 |  | 55630 | 4927 | SH |  | SOLE |  | 0 | 0 | 4927 |
| EDIBLE GARDEN AG INC | *W EXP 99/99/999 | 28059P113 |  | 14033 | 142025 | SH |  | SOLE |  | 0 | 0 | 142025 |
| ELAUWIT CONNECTION INC | COM | 28417M109 |  | 1249472 | 246444 | SH |  | SOLE |  | 0 | 0 | 246444 |
| ELEVRA LITHIUM LTD | SPONSORED ADS | 805700101 |  | 9200 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |
| EMPIRE ST RLTY OP L P | UNIT LTD PRTNSP | 292102100 |  | 181302 | 28778 | SH |  | SOLE |  | 0 | 0 | 28778 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 9197707 | 52780 | SH |  | SOLE |  | 0 | 0 | 52780 |
| EQUINOX GOLD CORP | COM | 29446Y502 |  | 5539089 | 394522 | SH |  | SOLE |  | 0 | 0 | 394522 |
| EVI INDS INC | COM | 26929N102 |  | 362701 | 14720 | SH |  | SOLE |  | 0 | 0 | 14720 |
| EVOLUTION PETE CORP | COM | 30049A107 |  | 476346 | 134561 | SH |  | SOLE |  | 0 | 0 | 134561 |
| EXCELERATE ENERGY INC | CL A COM | 30069T101 |  | 7013 | 250 | SH |  | SOLE |  | 0 | 0 | 250 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 31705 | 213 | SH |  | SOLE |  | 0 | 0 | 213 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 3456 | 52 | SH |  | SOLE |  | 0 | 0 | 52 |
| FIRST MAJESTIC SILVER CORP | COM | 32076V103 |  | 52479 | 3150 | SH |  | SOLE |  | 0 | 0 | 3150 |
| FITLIFE BRANDS INC | COM NEW | 33817P405 |  | 286255 | 17594 | SH |  | SOLE |  | 0 | 0 | 17594 |
| FLAHERTY  CRUMRINE PFD SECS | COM | 338478100 |  | 20140944 | 1219924 | SH |  | SOLE |  | 0 | 0 | 1219924 |
| FLOTEK INDS INC DEL | COM NEW | 343389409 |  | 3279145 | 190316 | SH |  | SOLE |  | 0 | 0 | 190316 |
| FRANCO NEV CORP | COM | 351858105 |  | 1999239 | 9645 | SH |  | SOLE |  | 0 | 0 | 9645 |
| FTAI INFRASTRUCTURE INC | COMMON STOCK | 35953C106 |  | 5559854 | 1206042 | SH |  | SOLE |  | 0 | 0 | 1206042 |
| GAMBLING COM GROUP LIMITED | ORDINARY SHARES | G3R239101 |  | 18302 | 3352 | SH |  | SOLE |  | 0 | 0 | 3352 |
| GLADSTONE LD CORP | COM | 376549101 |  | 2745 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| GLOBAL SELF STORAGE INC | COM | 37955N106 |  | 112027 | 21966 | SH |  | SOLE |  | 0 | 0 | 21966 |
| GLOBAL WTR RES INC | COM | 379463102 |  | 999906 | 118332 | SH |  | SOLE |  | 0 | 0 | 118332 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 776195 | 16203 | SH |  | SOLE |  | 0 | 0 | 16203 |
| GOLD COM INC | COM | 00181T107 |  | 3078052 | 90398 | SH |  | SOLE |  | 0 | 0 | 90398 |
| GOLD ROYALTY CORP | COMMON SHARES | 38071H106 |  | 18584 | 4600 | SH |  | SOLE |  | 0 | 0 | 4600 |
| HA SUSTAINABLE INFRA CAP INC | COM | 41068X100 |  | 1593 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| HARROW INC | COM | 415858109 |  | 1994153 | 40697 | SH |  | SOLE |  | 0 | 0 | 40697 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 939772 | 5150 | SH |  | SOLE |  | 0 | 0 | 5150 |
| HERSHEY CO | COM | 427866108 |  | 26080 | 143 | SH |  | SOLE |  | 0 | 0 | 143 |
| HILTON GRAND VACATIONS INC | COM | 43283X105 |  | 28596 | 639 | SH |  | SOLE |  | 0 | 0 | 639 |
| HOME DEPOT INC | COM | 437076102 |  | 82021 | 238 | SH |  | SOLE |  | 0 | 0 | 238 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 564713 | 28449 | SH |  | SOLE |  | 0 | 0 | 28449 |
| HUDSON TECHNOLOGIES INC | COM | 444144109 |  | 6850 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| IDEX CORP | COM | 45167R104 |  | 1173159 | 6593 | SH |  | SOLE |  | 0 | 0 | 6593 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 99164 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| INDEPENDENCE RLTY TR INC | COM | 45378A106 |  | 485305 | 27496 | SH |  | SOLE |  | 0 | 0 | 27496 |
| INFUSYSTEM HLDGS INC | COM | 45685K102 |  | 22425 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| INTELLINETICS INC | COM | 45825X204 |  | 2651897 | 332447 | SH |  | SOLE |  | 0 | 0 | 332447 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 59242 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| INTEST CORP | COM | 461147100 |  | 1569545 | 210113 | SH |  | SOLE |  | 0 | 0 | 210113 |
| INVESCO DB MULTI-SECTOR COMM | AGRICULTURE FD | 46140H106 |  | 511 | 20 | SH |  | SOLE |  | 0 | 0 | 20 |
| INVESCO EXCH TRADED FD TR II | S SMLCP UTIL | 46138G409 |  | 1361502 | 23675 | SH |  | SOLE |  | 0 | 0 | 23675 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 596530 | 9260 | SH |  | SOLE |  | 0 | 0 | 9260 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 502 | 10 | SH |  | SOLE |  | 0 | 0 | 10 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 62769 | 1187 | SH |  | SOLE |  | 0 | 0 | 1187 |
| ISHARES TR | MSCI INDIA SM CP | 46429B614 |  | 61172 | 875 | SH |  | SOLE |  | 0 | 0 | 875 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 21485437 | 693974 | SH |  | SOLE |  | 0 | 0 | 693974 |
| ISHARES TR | RESIDENTIAL MULT | 464288562 |  | 12069738 | 146052 | SH |  | SOLE |  | 0 | 0 | 146052 |
| ISHARES TR | US INFRASTRUC | 46435U713 |  | 15786 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| J  J SNACK FOODS CORP | COM | 466032109 |  | 164106 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 16603209 | 328256 | SH |  | SOLE |  | 0 | 0 | 328256 |
| JAPAN SMALLER CAPITALIZATION | COM | 47109U104 |  | 435356 | 39292 | SH |  | SOLE |  | 0 | 0 | 39292 |
| JOINT CORP | COM | 47973J102 |  | 1727 | 198 | SH |  | SOLE |  | 0 | 0 | 198 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 7272365 | 587428 | SH |  | SOLE |  | 0 | 0 | 587428 |
| KINGSWAY FINL SVCS INC | COM NEW | 496904202 |  | 3753546 | 279074 | SH |  | SOLE |  | 0 | 0 | 279074 |
| KORU MEDICAL SYSTEMS INC | COM | 759910102 |  | 84768 | 14590 | SH |  | SOLE |  | 0 | 0 | 14590 |
| KRATOS DEFENSE  SEC SOLUTIO | COM NEW | 50077B207 |  | 5366686 | 70698 | SH |  | SOLE |  | 0 | 0 | 70698 |
| LEGACY ED INC | COM | 52474R207 |  | 4579183 | 449380 | SH |  | SOLE |  | 0 | 0 | 449380 |
| LEGACY HOUSING CORP | COM | 52472M101 |  | 3511707 | 179903 | SH |  | SOLE |  | 0 | 0 | 179903 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 22100 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| LGL GROUP INC | COM | 50186A108 |  | 2828034 | 491832 | SH |  | SOLE |  | 0 | 0 | 491832 |
| LIGHTPATH TECHNOLOGIES INC | COM CL A | 532257805 |  | 21600 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 27198 | 56 | SH |  | SOLE |  | 0 | 0 | 56 |
| LOWES COS INC | COM | 548661107 |  | 14396 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| MAGNUM ICE CREAM CO NV | ORD SHS | N5505D105 |  | 12268 | 774 | SH |  | SOLE |  | 0 | 0 | 774 |
| MAMAS CREATIONS INC | COM | 56146T103 |  | 9453631 | 700788 | SH |  | SOLE |  | 0 | 0 | 700788 |
| MANHATTAN BRDG CAP INC | COM | 562803106 |  | 3317 | 696 | SH |  | SOLE |  | 0 | 0 | 696 |
| MARKETAXESS HLDGS INC | COM | 57060D108 |  | 22793 | 126 | SH |  | SOLE |  | 0 | 0 | 126 |
| MARTEN TRANS LTD | COM | 573075108 |  | 257826 | 22656 | SH |  | SOLE |  | 0 | 0 | 22656 |
| MASCO CORP | COM | 574599106 |  | 24674 | 389 | SH |  | SOLE |  | 0 | 0 | 389 |
| MERCK  CO INC | COM | 58933Y105 |  | 1592 | 15 | SH |  | SOLE |  | 0 | 0 | 15 |
| META PLATFORMS INC | CL A | 30303M102 |  | 299021 | 453 | SH |  | SOLE |  | 0 | 0 | 453 |
| MILLER INDS INC TENN | COM NEW | 600551204 |  | 542874 | 14527 | SH |  | SOLE |  | 0 | 0 | 14527 |
| MOBILICOM LTD | *W EXP 08/31/202 | 60742B110 |  | 465773 | 144650 | SH |  | SOLE |  | 0 | 0 | 144650 |
| MOBILICOM LTD | ORD SHS NEW | Q6297L120 |  | 2632919 | 431626 | SH |  | SOLE |  | 0 | 0 | 431626 |
| MODIV INDUSTRIAL INC | COM STK CL C | 60784B101 |  | 11953 | 825 | SH |  | SOLE |  | 0 | 0 | 825 |
| MODULAR MED INC | COM NEW | 60785L207 |  | 1066147 | 2928168 | SH |  | SOLE |  | 0 | 0 | 2928168 |
| M-TRON INDS INC | COM | 55380K109 |  | 4583786 | 86129 | SH |  | SOLE |  | 0 | 0 | 86129 |
| NANO DIMENSION LTD | SPONSORD ADS NEW | 63008G203 |  | 148610 | 96500 | SH |  | SOLE |  | 0 | 0 | 96500 |
| NEOGENOMICS INC | COM NEW | 64049M209 |  | 557248 | 47385 | SH |  | SOLE |  | 0 | 0 | 47385 |
| NEPHROS INC | COM | 640671400 |  | 593501 | 121619 | SH |  | SOLE |  | 0 | 0 | 121619 |
| NETCAPITAL INC | *W EXP 07/12/202 | 64113L111 |  | 6191 | 199684 | SH |  | SOLE |  | 0 | 0 | 199684 |
| NEUROONE MED TECHNOLOGIES CO | COM NEW | 64130M209 |  | 1400023 | 1846996 | SH |  | SOLE |  | 0 | 0 | 1846996 |
| NEW GOLD INC CDA | COM | 644535106 |  | 8710 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| NEWMONT CORP | COM | 651639106 |  | 1497659 | 14999 | SH |  | SOLE |  | 0 | 0 | 14999 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6238880 | 77714 | SH |  | SOLE |  | 0 | 0 | 77714 |
| NIKE INC | CL B | 654106103 |  | 22466 | 350 | SH |  | SOLE |  | 0 | 0 | 350 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 560 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| NVR INC | COM | 62944T105 |  | 21879 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| OIL DRI CORP AMER | COM | 677864100 |  | 4971570 | 101585 | SH |  | SOLE |  | 0 | 0 | 101585 |
| ONE STOP SYS INC | COM | 68247W109 |  | 6109161 | 850858 | SH |  | SOLE |  | 0 | 0 | 850858 |
| OOMA INC | COM | 683416101 |  | 301731 | 25723 | SH |  | SOLE |  | 0 | 0 | 25723 |
| OPTIMIZERX CORP | COM NEW | 68401U204 |  | 18145 | 1480 | SH |  | SOLE |  | 0 | 0 | 1480 |
| OR ROYALTIES INC | COM SHS | 68390D106 |  | 5873502 | 165965 | SH |  | SOLE |  | 0 | 0 | 165965 |
| PACER FDS TR | INDUSTRIAL RELET | 69374H766 |  | 821392 | 21923 | SH |  | SOLE |  | 0 | 0 | 21923 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 24576 | 421 | SH |  | SOLE |  | 0 | 0 | 421 |
| PAYSIGN INC | COM | 70451A104 |  | 195160 | 37895 | SH |  | SOLE |  | 0 | 0 | 37895 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 562451 | 14778 | SH |  | SOLE |  | 0 | 0 | 14778 |
| PENNANT GROUP INC | COM | 70805E109 |  | 706453 | 25096 | SH |  | SOLE |  | 0 | 0 | 25096 |
| PEPSICO INC | COM | 713448108 |  | 23392 | 161 | SH |  | SOLE |  | 0 | 0 | 161 |
| PERFECT MOMENT LTD | COM SHS | 713715100 |  | 1797467 | 4321871 | SH |  | SOLE |  | 0 | 0 | 4321871 |
| PFIZER INC | COM | 717081103 |  | 7470 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 90009 | 556 | SH |  | SOLE |  | 0 | 0 | 556 |
| PLYMOUTH INDL REIT INC | COM | 729640102 |  | 12319 | 563 | SH |  | SOLE |  | 0 | 0 | 563 |
| POLAR PWR INC | COM NEW | 73102V204 |  | 565740 | 338766 | SH |  | SOLE |  | 0 | 0 | 338766 |
| POLARIS INC | COM | 731068102 |  | 45643 | 722 | SH |  | SOLE |  | 0 | 0 | 722 |
| POSTAL REALTY TRUST INC | CL A | 73757R102 |  | 17754 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 54181 | 1362 | SH |  | SOLE |  | 0 | 0 | 1362 |
| POWERFLEET INC | COM | 73931J109 |  | 1545769 | 290558 | SH |  | SOLE |  | 0 | 0 | 290558 |
| PRO-DEX INC COLO | COM NEW | 74265M205 |  | 407465 | 10589 | SH |  | SOLE |  | 0 | 0 | 10589 |
| PROGRESSIVE CORP | COM | 743315103 |  | 27428 | 120 | SH |  | SOLE |  | 0 | 0 | 120 |
| PROSHARES TR | PSHS ULTRUSS2000 | 74347R842 |  | 737039 | 15675 | SH |  | SOLE |  | 0 | 0 | 15675 |
| PURE CYCLE CORP | COM NEW | 746228303 |  | 3530626 | 321258 | SH |  | SOLE |  | 0 | 0 | 321258 |
| QUAKER HOUGHTON | COM | 747316107 |  | 2322187 | 16912 | SH |  | SOLE |  | 0 | 0 | 16912 |
| QUALCOMM INC | COM | 747525103 |  | 171050 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| RED VIOLET INC | COM | 75704L104 |  | 442160 | 7764 | SH |  | SOLE |  | 0 | 0 | 7764 |
| RESEARCH SOLUTIONS INC | COM | 761025105 |  | 1794529 | 610384 | SH |  | SOLE |  | 0 | 0 | 610384 |
| RESOLUTE HLDGS MGMT INC | COM | 76134H101 |  | 120143 | 582 | SH |  | SOLE |  | 0 | 0 | 582 |
| RIMINI STR INC DEL | COM | 76674Q107 |  | 934755 | 240916 | SH |  | SOLE |  | 0 | 0 | 240916 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 2760 | 140 | SH |  | SOLE |  | 0 | 0 | 140 |
| ROSS STORES INC | COM | 778296103 |  | 30938 | 172 | SH |  | SOLE |  | 0 | 0 | 172 |
| ROYAL GOLD INC | COM | 780287108 |  | 3188306 | 14343 | SH |  | SOLE |  | 0 | 0 | 14343 |
| ROYCE MICRO-CAP TR INC | COM | 780915104 |  | 933100 | 89463 | SH |  | SOLE |  | 0 | 0 | 89463 |
| SANGOMA TECHNOLOGIES CORP | COM NEW | 80100R408 |  | 312672 | 61688 | SH |  | SOLE |  | 0 | 0 | 61688 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 6768691 | 277747 | SH |  | SOLE |  | 0 | 0 | 277747 |
| SMITH MIDLAND CORP | COM | 832156103 |  | 2926497 | 80531 | SH |  | SOLE |  | 0 | 0 | 80531 |
| SONO TEK CORP | COM | 835483108 |  | 178598 | 43244 | SH |  | SOLE |  | 0 | 0 | 43244 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 408596 | 1031 | SH |  | SOLE |  | 0 | 0 | 1031 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD AN | 85208R101 |  | 68700 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| STANDARD LITHIUM LTD | COM | 853606101 |  | 21322 | 4770 | SH |  | SOLE |  | 0 | 0 | 4770 |
| SYSCO CORP | COM | 871829107 |  | 27303 | 371 | SH |  | SOLE |  | 0 | 0 | 371 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 41992 | 138 | SH |  | SOLE |  | 0 | 0 | 138 |
| TARGA RES CORP | COM | 87612G101 |  | 1434191 | 7773 | SH |  | SOLE |  | 0 | 0 | 7773 |
| TECOGEN INC NEW | COM NEW | 87876P201 |  | 3404189 | 689107 | SH |  | SOLE |  | 0 | 0 | 689107 |
| TESLA INC | COM | 88160R101 |  | 450 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| TEXAS INSTRS INC | COM | 882508104 |  | 22659 | 131 | SH |  | SOLE |  | 0 | 0 | 131 |
| THE BEACHBODY COMPANY INC | COM CL A NEW | 073463309 |  | 32116 | 3100 | SH |  | SOLE |  | 0 | 0 | 3100 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 7539 | 13 | SH |  | SOLE |  | 0 | 0 | 13 |
| TJX COS INC NEW | COM | 872540109 |  | 34736 | 226 | SH |  | SOLE |  | 0 | 0 | 226 |
| TOMPKINS FINL CORP | COM | 890110109 |  | 21756 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| TORTOISE CAPITAL SERIES TRUS | ESSENTIAL ENERGY | 890930100 |  | 5317797 | 260081 | SH |  | SOLE |  | 0 | 0 | 260081 |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 |  | 8005142 | 195725 | SH |  | SOLE |  | 0 | 0 | 195725 |
| TRANSACT TECHNOLOGIES INC | COM | 892918103 |  | 433900 | 108475 | SH |  | SOLE |  | 0 | 0 | 108475 |
| TRANSCAT INC | COM | 893529107 |  | 8510 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| TUCOWS INC | COM NEW | 898697206 |  | 250320 | 11165 | SH |  | SOLE |  | 0 | 0 | 11165 |
| U S PHYSICAL THERAPY | COM | 90337L108 |  | 3378799 | 43268 | SH |  | SOLE |  | 0 | 0 | 43268 |
| UMH PPTYS INC | COM | 903002103 |  | 134440 | 8450 | SH |  | SOLE |  | 0 | 0 | 8450 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 27011 | 413 | SH |  | SOLE |  | 0 | 0 | 413 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 60804 | 613 | SH |  | SOLE |  | 0 | 0 | 613 |
| USA COMPRESSION PARTNERS LP | COM UNIT LTDPAR | 90290N109 |  | 4239958 | 184346 | SH |  | SOLE |  | 0 | 0 | 184346 |
| USIO INC | COM | 917313108 |  | 1288 | 947 | SH |  | SOLE |  | 0 | 0 | 947 |
| UTAH MED PRODS INC | COM | 917488108 |  | 1024677 | 18200 | SH |  | SOLE |  | 0 | 0 | 18200 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 10627122 | 749444 | SH |  | SOLE |  | 0 | 0 | 749444 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 1750137 | 20405 | SH |  | SOLE |  | 0 | 0 | 20405 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 4754803 | 41789 | SH |  | SOLE |  | 0 | 0 | 41789 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 145745 | 1407 | SH |  | SOLE |  | 0 | 0 | 1407 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 17172 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| VANECK MERK GOLD ETF | GOLD SHS | 921078101 |  | 4148 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 12294358 | 138935 | SH |  | SOLE |  | 0 | 0 | 138935 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 66646 | 1347 | SH |  | SOLE |  | 0 | 0 | 1347 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 80952 | 1719 | SH |  | SOLE |  | 0 | 0 | 1719 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 16720 | 168 | SH |  | SOLE |  | 0 | 0 | 168 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 4974986 | 26886 | SH |  | SOLE |  | 0 | 0 | 26886 |
| VENU HLDG CORP | COM | 92333E104 |  | 1554391 | 184607 | SH |  | SOLE |  | 0 | 0 | 184607 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 12219 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 158676 | 350 | SH |  | SOLE |  | 0 | 0 | 350 |
| VICI PPTYS INC | COM | 925652109 |  | 34497 | 1078 | SH |  | SOLE |  | 0 | 0 | 1078 |
| VIEMED HEALTHCARE INC | COM | 92663R105 |  | 2521326 | 339344 | SH |  | SOLE |  | 0 | 0 | 339344 |
| VISHAY PRECISION GROUP INC | COM | 92835K103 |  | 4813 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1398 | 15 | SH |  | SOLE |  | 0 | 0 | 15 |
| WELLTOWER INC | COM | 95040Q104 |  | 822624 | 4432 | SH |  | SOLE |  | 0 | 0 | 4432 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 4903183 | 41722 | SH |  | SOLE |  | 0 | 0 | 41722 |
| WHERE FOOD COMES FROM INC | COM NEW | 96327X200 |  | 667098 | 58059 | SH |  | SOLE |  | 0 | 0 | 58059 |
| WILLDAN GROUP INC | COM | 96924N100 |  | 7605224 | 73367 | SH |  | SOLE |  | 0 | 0 | 73367 |
| WOODWARD INC | COM | 980745103 |  | 19651 | 65 | SH |  | SOLE |  | 0 | 0 | 65 |

---