| 1 | Northeast Bank | 127 534 | 14,3 M $ | |
| 2 | Alico Inc | 285 332 | 11,8 M $ | |
| 3 | Natural Gas Services Group Inc | 305 374 | 11,5 M $ | |
| 4 | Metropolitan Bank Holding Corp | 136 780 | 11,4 M $ | |
| 5 | Heritage Insurance Holdings Inc | 405 860 | 10,7 M $ | |
| 6 | DHI Group Inc | 3 629 127 | 10,2 M $ | |
| 7 | American Public Education Inc | 167 651 | 9,5 M $ | |
| 8 | JAKKS Pacific Inc | 436 939 | 8,7 M $ | |
| 9 | Aviat Networks Inc | 383 241 | 8,7 M $ | |
| 10 | NWPX Infrastructure Inc | 110 144 | 8,6 M $ | |
| 11 | Motorcar Parts of America Inc | 772 421 | 8,5 M $ | |
| 12 | Parke Bancorp Inc | 293 439 | 8,3 M $ | |
| 13 | Unity Bancorp Inc | 158 849 | 8,2 M $ | |
| 14 | Bankwell Financial Group Inc | 168 000 | 8,2 M $ | |
| 15 | Build-A-Bear Workshop Inc | 215 975 | 8,1 M $ | |
| 16 | FS Bancorp Inc | 208 094 | 8 M $ | |
| 17 | Twin Disc Inc | 530 566 | 8 M $ | |
| 18 | Kimball Electronics Inc | 322 497 | 7,6 M $ | |
| 19 | Lakeland Industries Inc | 928 981 | 7,6 M $ | |
| 20 | First Business Financial Services Inc | 140 892 | 7,6 M $ | |
| 21 | American Integrity Insurance Group Inc | 389 420 | 7,5 M $ | |
| 22 | Horizon Bancorp Inc/IN | 428 647 | 7,1 M $ | |
| 23 | Bowman Consulting Group Ltd | 245 552 | 7 M $ | |
| 24 | Capital Bancorp Inc | 231 286 | 6,9 M $ | |
| 25 | inTEST Corp | 502 299 | 6,9 M $ | |
| 26 | CPI Card Group Inc | 466 035 | 6,8 M $ | |
| 27 | Five Star Bancorp | 176 751 | 6,7 M $ | |
| 28 | Hamilton Beach Brands Holding Co | 344 109 | 6,5 M $ | |
| 29 | Colony Bankcorp Inc | 321 848 | 6,4 M $ | |
| 30 | USCB Financial Holdings Inc | 342 320 | 6,3 M $ | |
| 31 | Rimini Street Inc | 1 913 524 | 6,3 M $ | |
| 32 | Miller Industries Inc/TN | 136 819 | 6,2 M $ | |
| 33 | Asure Software Inc | 701 778 | 6 M $ | |
| 34 | Commercial Bancgroup Inc | 225 506 | 5,9 M $ | |
| 35 | RCM Technologies Inc | 285 609 | 5,5 M $ | |
| 36 | Orrstown Financial Services Inc | 147 434 | 5,3 M $ | |
| 37 | Red Robin Gourmet Burgers Inc | 1 792 990 | 5,3 M $ | |
| 38 | Kelly Services Inc | 547 245 | 4,8 M $ | |
| 39 | Shoe Carnival Inc | 309 480 | 4,8 M $ | |
| 40 | Alpine Income Property Trust Inc | 266 320 | 4,8 M $ | |
| 41 | Amtech Systems Inc | 405 371 | 4,7 M $ | |
| 42 | Chiron Real Estate Inc | 131 610 | 4,4 M $ | |
| 43 | Mistras Group Inc | 285 274 | 4,2 M $ | |
| 44 | DMC Global Inc | 804 618 | 4,2 M $ | |
| 45 | Riverview Bancorp Inc | 755 355 | 4,2 M $ | |
| 46 | J Jill Inc | 357 366 | 4,1 M $ | |
| 47 | Forrester Research Inc | 710 847 | 4 M $ | |
| 48 | Acacia Research Corp | 817 242 | 3,9 M $ | |
| 49 | Repay Holdings Corp | 1 413 377 | 3,7 M $ | |
| 50 | Cooper-Standard Holdings Inc | 131 440 | 3,7 M $ | |
| 51 | Core Molding Technologies Inc | 144 296 | 3,2 M $ | |
| 52 | Sleep Number Corp | 1 767 445 | 3,2 M $ | |
| 53 | Sensus Healthcare Inc | 796 072 | 3,2 M $ | |
| 54 | Sunrise Realty Trust Inc | 403 035 | 3,1 M $ | |
| 55 | Home Bancorp Inc | 49 766 | 3 M $ | |
| 56 | Marcus Corp/The | 167 910 | 2,9 M $ | |
| 57 | Lifetime Brands Inc | 495 737 | 2,8 M $ | |
| 58 | Tilly's Inc | 693 320 | 2,8 M $ | |
| 59 | Silvercrest Asset Management Group Inc | 206 686 | 2,8 M $ | |
| 60 | GENASYS INC | 1 452 159 | 2,6 M $ | |
| 61 | Hurco Cos Inc | 171 061 | 2,5 M $ | |
| 62 | BGSF Inc | 384 037 | 2,5 M $ | |
| 63 | PARK DENTAL PARTNERS INC | 135 500 | 2,3 M $ | |
| 64 | Photronics Inc | 51 641 | 2,1 M $ | |
| 65 | Perdoceo Education Corp | 54 845 | 2 M $ | |
| 66 | Healthcare Services Group Inc | 98 781 | 1,8 M $ | |
| 67 | Pathward Financial Inc | 19 740 | 1,8 M $ | |
| 68 | Koppers Holdings Inc | 43 489 | 1,7 M $ | |
| 69 | PAMT CORP | 194 639 | 1,6 M $ | |
| 70 | DXP Enterprises Inc/TX | 11 750 | 1,6 M $ | |
| 71 | SHIMMICK CORP | 439 778 | 1,6 M $ | |
| 72 | Coastal Financial Corp/WA | 20 398 | 1,6 M $ | |
| 73 | Carter's Inc | 43 298 | 1,5 M $ | |
| 74 | Comtech Telecommunications Corp | 463 784 | 1,5 M $ | |
| 75 | Stagwell Inc | 243 120 | 1,5 M $ | |
| 76 | Universal Electronics Inc | 350 900 | 1,4 M $ | |
| 77 | Cohu Inc | 45 990 | 1,4 M $ | |
| 78 | Douglas Dynamics Inc | 31 793 | 1,3 M $ | |
| 79 | ConnectOne Bancorp Inc | 49 475 | 1,3 M $ | |
| 80 | Business First Bancshares Inc | 47 383 | 1,3 M $ | |
| 81 | Bridgewater Bancshares Inc | 72 017 | 1,3 M $ | |
| 82 | Merchants Bancorp/IN | 28 753 | 1,2 M $ | |
| 83 | First Financial Corp | 18 814 | 1,2 M $ | |
| 84 | Penguin Solutions Inc | 66 272 | 1,2 M $ | |
| 85 | Barrett Business Services Inc | 38 455 | 1,1 M $ | |
| 86 | GBank Financial Holdings Inc | 40 210 | 1,1 M $ | |
| 87 | QCR Holdings Inc | 12 431 | 1,1 M $ | |
| 88 | Ennis Inc | 48 578 | 1 M $ | |
| 89 | Caleres Inc | 93 783 | 988,5 k $ | |
| 90 | Wabash National Corp | 112 204 | 967,2 k $ | |
| 91 | Benchmark Electronics Inc | 16 779 | 940,6 k $ | |
| 92 | Designer Brands Inc | 161 496 | 918,9 k $ | |
| 93 | Daktronics Inc | 46 811 | 915,2 k $ | |
| 94 | Heritage Financial Corp/WA | 35 027 | 910,7 k $ | |
| 95 | Hyster-Yale Inc | 27 843 | 905,2 k $ | |
| 96 | Hackett Group Inc/The | 67 542 | 878,7 k $ | |
| 97 | Hudson Technologies Inc | 146 930 | 863,9 k $ | |
| 98 | ePlus Inc | 10 397 | 782,4 k $ | |
| 99 | PRA Group Inc | 44 020 | 770,4 k $ | |
| 100 | Customers Bancorp Inc | 10 959 | 760,7 k $ | |