13F HOLDINGS REPORT
AWM Investment Company, Inc.
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001535264-26-000016
Total Value
$1.04B
Positions
103
Other Managers
0
Confidential Omitted
No
Holdings (103)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | nLight, Inc. | LASR | 1,169,680 | $43.9M | 4.24% |
| 2 | ADMA Biologics, Inc. | ADMA | 2,200,000 | $40.1M | 3.87% |
| 3 | Vicor Corporation | VICR | 333,180 | $36.5M | 3.53% |
| 4 | BlackSky Technology, Inc. | BKSY-WT | 1,725,610 | $32.4M | 3.12% |
| 5 | Aehr Test Systems | AEHR | 1,536,771 | $31.0M | 3.00% |
| 6 | Impinj, Inc. | PI | 178,173 | $31.0M | 2.99% |
| 7 | Gilat Satellite Networks, Ltd. | GILT | 2,353,227 | $30.5M | 2.94% |
| 8 | Aerovironment, Inc. | AVAV | 118,893 | $28.8M | 2.78% |
| 9 | Owlet, Inc. | OWLTW | 1,748,251 | $28.3M | 2.73% |
| 10 | Kopin Corporation | KOPN | 11,844,812 | $27.7M | 2.68% |
| 11 | 908 Devices, Inc. | MASS | 5,199,924 | $27.3M | 2.64% |
| 12 | PowerFleet, Inc. | AIOT | 4,701,506 | $25.0M | 2.42% |
| 13 | Natural Gas Services Group, In | 63886Q109 | 676,652 | $22.8M | 2.20% |
| 14 | The RealReal, Inc. | 88339P101 | 1,423,847 | $22.5M | 2.17% |
| 15 | LightPath Technologies, Inc. | LPTH | 2,040,110 | $22.0M | 2.13% |
| 16 | American Superconductor Corp | AMSC | 754,220 | $21.7M | 2.10% |
| 17 | Insight Molecular Diagnostic I | IMDX | 2,814,230 | $21.1M | 2.04% |
| 18 | Everspin Technology, Inc. | MRAM | 2,126,241 | $19.7M | 1.91% |
| 19 | MDxHealth, SA (Belgium) | MDXH | 5,221,282 | $18.6M | 1.80% |
| 20 | Definium Therapeutics, Inc. | DFTX | 1,390,662 | $18.6M | 1.80% |
| 21 | CEVA, Inc. | CEVA | 827,806 | $17.8M | 1.72% |
| 22 | Arlo Technologies, Inc. | ARLO | 1,172,609 | $16.4M | 1.58% |
| 23 | Velo3D, Inc. (Restricted) | VLDXW | 1,212,121 | $15.1M | 1.46% |
| 24 | Backblaze, Inc. | BLZE | 3,067,569 | $14.3M | 1.38% |
| 25 | Talkspace, Inc. | TALKW | 3,929,500 | $14.3M | 1.38% |
| 26 | Strata Critical Medical, Inc. | SRTAW | 2,821,468 | $13.6M | 1.31% |
| 27 | SANUWAVE Health, Inc. | SNWV | 454,550 | $13.6M | 1.31% |
| 28 | RADCOM, Ltd. (Israel) | RDCM | 991,261 | $13.0M | 1.25% |
| 29 | Velo3D, Inc. | VLDXW | 940,931 | $12.9M | 1.25% |
| 30 | Butterfly Network, Inc. | BFLY | 3,400,000 | $12.9M | 1.25% |
| 31 | Genasys, Inc. (F4) | GNSS | 5,649,544 | $12.1M | 1.17% |
| 32 | Forge Global Holdings, Inc. | 34629L202 | 264,179 | $11.8M | 1.14% |
| 33 | ASP Isotopes, Inc. | ASPI | 2,124,496 | $11.4M | 1.10% |
| 34 | Universal Technical Institute, | UTI | 434,098 | $11.3M | 1.10% |
| 35 | Alpha Cognition, Inc.(Canada) | ACOG | 1,672,168 | $10.9M | 1.05% |
| 36 | Citi Trends, Inc. | CTRN | 241,657 | $10.0M | 0.97% |
| 37 | Rani Therapeutics Holdings Inc | RANI | 6,500,000 | $8.8M | 0.85% |
| 38 | TriSalus Life Sciences, Inc. | TLSIW | 1,243,780 | $8.7M | 0.84% |
| 39 | Destination XL Group, Inc. | DXLG | 9,399,297 | $8.6M | 0.83% |
| 40 | Galaxy Digital, Inc.-Class A | GLXY | 385,000 | $8.6M | 0.83% |
| 41 | PepGen, Inc. | PEPG | 1,300,000 | $8.5M | 0.82% |
| 42 | The Real Brokerage, Inc.(Canad | 75585H206 | 2,230,940 | $8.1M | 0.79% |
| 43 | Red Cat Holdings, Inc. | RCAT | 1,010,856 | $8.0M | 0.77% |
| 44 | Gambling.com Group Ltd. | GAMB | 1,434,288 | $7.8M | 0.76% |
| 45 | The Lovesac Company | LOVE | 500,002 | $7.4M | 0.71% |
| 46 | Palvella Therapeutics, Inc. | PVLA | 69,416 | $7.3M | 0.70% |
| 47 | Avadel Pharmaceutical PLC (Ire | G29687103 | 316,189 | $6.8M | 0.66% |
| 48 | Vital Farms, Inc. | VITL | 204,701 | $6.5M | 0.63% |
| 49 | Forte Biosciences, Inc. | FBRX | 236,821 | $6.5M | 0.62% |
| 50 | CervoMed, Inc. | CRVO | 794,634 | $6.3M | 0.61% |
| 51 | Ooma, Inc. | OOMA | 499,699 | $5.9M | 0.57% |
| 52 | Turtle Beach Corporation | TBCH | 406,191 | $5.7M | 0.55% |
| 53 | Bit Digital, Inc. | BTBT | 3,000,000 | $5.7M | 0.55% |
| 54 | RAPT Therapeutics, Inc. | 75382E208 | 162,560 | $5.5M | 0.53% |
| 55 | Fennec Pharmaceuticals, Inc. | FENC | 711,869 | $5.5M | 0.53% |
| 56 | WhiteFiber, Inc. | WYFI | 329,000 | $5.2M | 0.50% |
| 57 | Xtant Medical Holdings, Inc. | 98420P308 | 6,594,121 | $5.2M | 0.50% |
| 58 | Progyny, Inc. | PGNY | 200,000 | $5.1M | 0.50% |
| 59 | GrowGeneration Corp. | GRWG | 3,380,784 | $5.1M | 0.49% |
| 60 | Infusystem Holdings, Inc. | INFU | 561,656 | $5.0M | 0.49% |
| 61 | LeMaitre Vascular, Inc. | LMAT | 62,000 | $5.0M | 0.49% |
| 62 | Allot Ltd. (Israel) | ALLT | 498,700 | $4.9M | 0.47% |
| 63 | Arbe Robotics, Ltd.(Israel) | ARBEW | 3,954,882 | $4.7M | 0.45% |
| 64 | Crinetics Pharmaceuticals, Inc | CRNX | 100,000 | $4.7M | 0.45% |
| 65 | Gaia, Inc. | GAIA | 1,252,090 | $4.5M | 0.44% |
| 66 | Coya Therapeutics, Inc. | COYA | 725,000 | $4.2M | 0.41% |
| 67 | Reservoir Media, Inc. | RSVRW | 551,594 | $4.2M | 0.40% |
| 68 | Abeona Therapeutics, Inc. | ABEO | 774,130 | $4.1M | 0.39% |
| 69 | Alto Neuroscience, Inc. | ANRO | 225,000 | $4.0M | 0.39% |
| 70 | Benitec Biopharma, Inc. (Aust | BNTC | 282,977 | $3.8M | 0.37% |
| 71 | OrthoPediatrics Corporation | KIDS | 214,169 | $3.8M | 0.37% |
| 72 | Brazil Potash Corp. (Rest) | GRO | 2,000,000 | $3.8M | 0.37% |
| 73 | Ultra Clean Holdings, Inc. | UCTT | 140,440 | $3.6M | 0.34% |
| 74 | Aviat Networks, Inc. | AVNW | 165,723 | $3.5M | 0.34% |
| 75 | American Public Education, Inc | 02913V103 | 92,500 | $3.5M | 0.34% |
| 76 | Aeluma, Inc. | ALMU | 200,000 | $3.4M | 0.33% |
| 77 | Beeline Holdings, Inc. | BLNE | 1,875,000 | $3.2M | 0.31% |
| 78 | argenx SE - ADR (Netherlands) | ARGX | 3,750 | $3.2M | 0.30% |
| 79 | Spire Global Inc. | SPIR | 418,287 | $3.1M | 0.30% |
| 80 | Hippo Holdings, Inc. | HIPOW | 100,000 | $3.0M | 0.29% |
| 81 | OptimizeRx Corporation | OPRX | 230,421 | $2.8M | 0.27% |
| 82 | Indivior PLC (Great Britain) | INDV | 75,605 | $2.7M | 0.26% |
| 83 | OPKO Health, Inc. | OPK | 2,100,000 | $2.6M | 0.26% |
| 84 | Ideal Power, Inc. | 451622203 | 786,094 | $2.4M | 0.23% |
| 85 | LENZ Therapeutics, Inc. | LENZ | 150,000 | $2.4M | 0.23% |
| 86 | Nextdoor Holdings, Inc. | NXDR | 1,000,000 | $2.1M | 0.20% |
| 87 | Paysign, Inc. | PAYS | 336,080 | $1.7M | 0.17% |
| 88 | Nektar Therapeutics | NKTR | 40,000 | $1.7M | 0.16% |
| 89 | Nkarta, Inc. | NKTX | 906,000 | $1.7M | 0.16% |
| 90 | NextCure, Inc. | NXTC | 117,371 | $1.7M | 0.16% |
| 91 | Eledon Pharmaceuticals, Inc. | ELDN | 1,100,000 | $1.7M | 0.16% |
| 92 | Aytu BioPharma, Inc. | AYTU | 619,574 | $1.6M | 0.16% |
| 93 | Abacus Life, Inc. | 00258Y104 | 177,772 | $1.5M | 0.15% |
| 94 | Black Diamond Therapeutics Inc | BDTX | 625,000 | $1.5M | 0.15% |
| 95 | Ovid Therapeutics, Inc. | OVID | 899,200 | $1.5M | 0.14% |
| 96 | Century Casinos, Inc. | CNTY | 770,508 | $1.0M | 0.10% |
| 97 | Soleno Therapeutics, Inc. | SLNO | 20,000 | $926,000 | 0.09% |
| 98 | DHI Group, Inc. | DHX | 497,698 | $771,432 | 0.07% |
| 99 | SAB Biotherapeutics, Inc. | SABSW | 200,000 | $748,000 | 0.07% |
| 100 | Sera Prognostics, Inc. | SERA | 207,382 | $611,777 | 0.06% |
| 101 | Delcath Systems, Inc. | DCTH | 60,000 | $606,000 | 0.06% |
| 102 | Tigo Energy, Inc. | TYGO | 238,314 | $328,873 | 0.03% |
| 103 | Aspen Aerogels, Inc. | ASPN | 41,092 | $116,290 | 0.01% |