AWM Investment Company, Inc. Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$1.0B

Holdings

102

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (102 positions)

#StockSharesValue% PortfolioType
1
LASRnLight, Inc.
1,169,680$43.9M4.24%
2
ADMAADMA Biologics, Inc.
2,200,000$40.1M3.87%
3
VICRVicor Corporation
333,180$36.5M3.53%
4
BKSYBlackSky Technology, Inc.
1,725,610$32.4M3.12%
5
AEHRAehr Test Systems
1,536,771$31.0M3.00%
6
PIImpinj, Inc.
178,173$31.0M2.99%
7
GILTGilat Satellite Networks, Ltd.
2,353,227$30.4M2.94%
8
JPXAerovironment, Inc.
118,893$28.8M2.78%
9
OWLTOwlet, Inc.
1,748,251$28.3M2.73%
10
KOPNKopin Corporation
11,844,812$27.7M2.68%
11
MASS908 Devices, Inc.
5,199,924$27.3M2.64%
12
AIOTPowerFleet, Inc.
4,701,506$25.0M2.42%
13
NGSNatural Gas Services Group, In
676,652$22.8M2.20%
14
REALThe RealReal, Inc.
1,423,847$22.5M2.17%
15
LPZBLightPath Technologies, Inc.
2,040,110$22.0M2.13%
16
AMSCAmerican Superconductor Corp
754,220$21.7M2.10%
17
IMDXInsight Molecular Diagnostic I
2,814,230$21.1M2.04%
18
MRAMEverspin Technology, Inc.
2,126,241$19.7M1.91%
19
MDXHMDxHealth, SA (Belgium)
5,221,282$18.6M1.80%
20
DFTXDefinium Therapeutics, Inc.
1,390,662$18.6M1.80%
21
CEVACEVA, Inc.
827,806$17.8M1.72%
22
ARLOArlo Technologies, Inc.
1,172,609$16.4M1.58%
23
VELOVelo3D, Inc. (Restricted)
1,212,121$15.1M1.46%
24
BLZEBackblaze, Inc.
3,067,569$14.3M1.38%
25
TALKTalkspace, Inc.
3,929,500$14.3M1.38%
26
SRTAStrata Critical Medical, Inc.
2,821,468$13.6M1.31%
27
SNWVSANUWAVE Health, Inc.
454,550$13.6M1.31%
28
RDCMRADCOM, Ltd. (Israel)
991,261$13.0M1.25%
29
VELOVelo3D, Inc.
940,931$12.9M1.25%
30
BFLYButterfly Network, Inc.
3,400,000$12.9M1.25%
31
GNSSGenasys, Inc. (F4)
5,649,544$12.1M1.17%
32
FRGEForge Global Holdings, Inc.
264,179$11.8M1.14%
33
ASPIASP Isotopes, Inc.
2,124,496$11.4M1.10%
34
UTIUniversal Technical Institute,
434,098$11.3M1.10%
35
ACOGAlpha Cognition, Inc.(Canada)
1,672,168$10.9M1.05%
36
CTRNCiti Trends, Inc.
241,657$10.0M0.97%
37
RANIRani Therapeutics Holdings Inc
6,500,000$8.8M0.85%
38
TLSITriSalus Life Sciences, Inc.
1,243,780$8.7M0.84%
39
DXLGDestination XL Group, Inc.
9,399,297$8.6M0.83%
40
GLXYGalaxy Digital, Inc.-Class A
385,000$8.6M0.83%
41
PEPGPepGen, Inc.
1,300,000$8.5M0.82%
42
REAXThe Real Brokerage, Inc.(Canad
2,230,940$8.1M0.79%
43
RCATRed Cat Holdings, Inc.
1,010,856$8.0M0.77%
44
GAMBGambling.com Group Ltd.
1,434,288$7.8M0.76%
45
LOVEThe Lovesac Company
500,002$7.4M0.71%
46
PVLAPalvella Therapeutics, Inc.
69,416$7.3M0.70%
47
AVDLAvadel Pharmaceutical PLC (Ire
316,189$6.8M0.66%
48
VITLVital Farms, Inc.
204,701$6.5M0.63%
49
FBRXForte Biosciences, Inc.
236,821$6.5M0.62%
50
DP8CervoMed, Inc.
794,634$6.3M0.61%
51
OOMAOoma, Inc.
499,699$5.9M0.57%
52
TBCHTurtle Beach Corporation
406,191$5.7M0.55%
53
BTBTBit Digital, Inc.
3,000,000$5.7M0.55%
54
RAPTRAPT Therapeutics, Inc.
162,560$5.5M0.53%
55
FRXFennec Pharmaceuticals, Inc.
711,869$5.5M0.53%
56
WYFIWhiteFiber, Inc.
329,000$5.2M0.50%
57
XTNTXtant Medical Holdings, Inc.
6,594,121$5.2M0.50%
58
PGNYProgyny, Inc.
200,000$5.1M0.50%
59
GRWGGrowGeneration Corp.
3,380,784$5.1M0.49%
60
INFUInfusystem Holdings, Inc.
561,656$5.0M0.49%
61
LMATLeMaitre Vascular, Inc.
62,000$5.0M0.49%
62
ALLTAllot Ltd. (Israel)
498,700$4.9M0.47%
63
ARBEArbe Robotics, Ltd.(Israel)
3,954,882$4.7M0.45%
64
CRNXCrinetics Pharmaceuticals, Inc
100,000$4.7M0.45%
65
GAIAGaia, Inc.
1,252,090$4.5M0.44%
66
COYACoya Therapeutics, Inc.
725,000$4.2M0.41%
67
RSVRReservoir Media, Inc.
551,594$4.2M0.40%
68
ABEOAbeona Therapeutics, Inc.
774,130$4.1M0.39%
69
ANROAlto Neuroscience, Inc.
225,000$4.0M0.39%
70
BNTCBenitec Biopharma, Inc. (Aust
282,977$3.8M0.37%
71
KIDSOrthoPediatrics Corporation
214,169$3.8M0.37%
72
GROBrazil Potash Corp. (Rest)
2,000,000$3.8M0.37%
73
UCTTUltra Clean Holdings, Inc.
140,440$3.6M0.34%
74
AVNWAviat Networks, Inc.
165,723$3.5M0.34%
75
51AAmerican Public Education, Inc
92,500$3.5M0.34%
76
ALMUAeluma, Inc.
200,000$3.4M0.33%
77
BLNEBeeline Holdings, Inc.
1,875,000$3.2M0.31%
78
ARGXargenx SE - ADR (Netherlands)
3,750$3.2M0.30%
79
SPIRSpire Global Inc.
418,287$3.1M0.30%
80
HIPOHippo Holdings, Inc.
100,000$3.0M0.29%
81
OPRXOptimizeRx Corporation
230,421$2.8M0.27%
82
INDVIndivior PLC (Great Britain)
75,605$2.7M0.26%
83
OPKOPKO Health, Inc.
2,100,000$2.6M0.26%
84
Ideal Power, Inc.
786,094$2.4M0.23%
85
LENZLENZ Therapeutics, Inc.
150,000$2.4M0.23%
86
NXDRNextdoor Holdings, Inc.
1,000,000$2.1M0.20%
87
PAYSPaysign, Inc.
336,080$1.7M0.17%
88
NKTRNektar Therapeutics
40,000$1.7M0.16%
89
NKTXNkarta, Inc.
906,000$1.7M0.16%
90
NXTCNextCure, Inc.
117,371$1.7M0.16%
91
ELDNEledon Pharmaceuticals, Inc.
1,100,000$1.7M0.16%
92
AYTUAytu BioPharma, Inc.
619,574$1.6M0.16%
93
ABXAbacus Life, Inc.
177,772$1.5M0.15%
94
BDTXBlack Diamond Therapeutics Inc
625,000$1.5M0.15%
95
OVIDOvid Therapeutics, Inc.
899,200$1.5M0.14%
96
CNTCentury Casinos, Inc.
770,508$1.0M0.10%
97
SLNOSoleno Therapeutics, Inc.
20,000$926K0.09%
98
DHXDHI Group, Inc.
497,698$771K0.07%
99
SABSSAB Biotherapeutics, Inc.
200,000$748K0.07%
100
SERASera Prognostics, Inc.
207,382$611K0.06%
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