The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BEL FUSE INC CL A 077347201 157 6,393 SH   SOLE   6,393 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 3,988 21 SH   SOLE   21 0 0
CROWN MEDIA HLDGS INC CL A 228411104 1,171 322,462 SH   SOLE   322,462 0 0
HF2 FINL MGMT INC CL A 40421a104 678 65,820 SH   SOLE   65,820 0 0
MAXLINEAR INC CL A 57776J100 605 60,093 SH   SOLE   60,093 0 0
SKILLED HEALTHCARE GROUP INC CL A 83066r107 8,514 1,353,650 SH   SOLE   1,353,650 0 0
TELECOMMUNICATION SYS INC CL A 87929j103 10,986 3,340,059 SH   SOLE   3,340,059 0 0
VALUEVISION MEDIA INC CL A 92047k107 14,011 2,806,232 SH   SOLE   2,806,232 0 0
OPPENHEIMER HLDGS INC CL A NON VTG 683797104 462 19,245 SH   SOLE   19,245 0 0
BEL FUSE INC CL B 077347300 176 6,839 SH   SOLE   6,839 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,472 11,630 SH   SOLE   11,630 0 0
ACORN ENERGY INC COM 004848107 2,192 928,894 SH   SOLE   928,894 0 0
AV HOMES INC COM 00234p102 783 47,860 SH   SOLE   47,860 0 0
BIOTELEMETRY INC COM 090672106 5,651 788,191 SH   SOLE   788,191 0 0
BLACKBERRY LTD COM 09228f103 9,341 912,196 SH   SOLE   912,196 0 0
BLOUNT INTL INC NEW COM 095180105 5,262 372,959 SH   SOLE   372,959 0 0
BSB BANCORP INC MD COM 05573h108 605 35,273 SH   SOLE   35,273 0 0
BUILD A BEAR WORKSHOP COM 120076104 14,618 1,094,492 SH   SOLE   1,094,492 0 0
CALLON PETE CO DEL COM 13123x102 5,447 467,525 SH   SOLE   467,525 0 0
CAVCO INDS INC DEL COM 149568107 11,611 136,122 SH   SOLE   136,122 0 0
DEMAND MEDIA INC COM 24802n109 5,046 1,046,921 SH   SOLE   1,046,921 0 0
DIGIRAD CORP COM 253827109 3,581 1,005,989 SH   SOLE   1,005,989 0 0
EAGLE BANCORP MONT INC COM 26942g100 377 35,934 SH   SOLE   35,934 0 0
ENVIVIO INC COM 29413t106 4,488 1,870,097 SH   SOLE   1,870,097 0 0
ESSA BANCORP INC COM 29667d104 360 32,339 SH   SOLE   32,339 0 0
FEDFIRST FINL CORP NEW COM 31429c101 523 23,881 SH   SOLE   23,881 0 0
GLOBAL EAGLE ENTMT INC COM 37951d102 10,683 861,570 SH   SOLE   861,570 0 0
GTT COMMUNICATIONS INC COM 362393100 27,989 2,741,286 SH   SOLE   2,741,286 0 0
HOOPER HOLMES INC COM 439104100 8,065 10,783,314 SH   SOLE   10,783,314 0 0
HUDSON GLOBAL INC COM 443787106 638 162,351 SH   SOLE   162,351 0 0
INTRALINKS HLDGS INC COM 46118h104 14,904 1,676,407 SH   SOLE   1,676,407 0 0
JACKSONVILLE BANCORP INC MD COM 46924r106 412 19,488 SH   SOLE   19,488 0 0
LEMAITRE VASCULAR INC COM 525558201 7,524 909,539 SH   SOLE   909,539 0 0
LIPOSCIENCE INC COM 53630m108 3,175 928,299 SH   SOLE   928,299 0 0
NEW YORK & CO INC COM 649295102 7,199 1,951,007 SH   SOLE   1,951,007 0 0
NORTH AMERN ENERGY PARTNERS COM 656844107 15,058 1,870,543 SH   SOLE   1,870,543 0 0
ONEIDA FINL CORP MD COM 682479100 450 36,206 SH   SOLE   36,206 0 0
PC-TEL INC COM 69325q105 2,084 257,643 SH   SOLE   257,643 0 0
PMFG INC COM 69345p103 6,637 1,258,841 SH   SOLE   1,258,841 0 0
REIS INC COM 75936p105 1,971 93,478 SH   SOLE   93,478 0 0
RESOLUTE ENERGY CORP COM 76116a108 5,985 692,758 SH   SOLE   692,758 0 0
RETRACTABLE TECHNOLOGIES INC COM 76129w105 555 221,875 SH   SOLE   221,875 0 0
SEARS HOMETOWN & OUTLET STOR COM 812362101 4,176 194,484 SH   SOLE   194,484 0 0
SPARK NETWORKS INC COM 84651p100 5,723 1,009,430 SH   SOLE   1,009,430 0 0
SWS GROUP INC COM 78503n107 642 88,136 SH   SOLE   88,136 0 0
THESTREET INC COM 88368q103 7,439 3,081,118 SH   SOLE   3,081,118 0 0
TWO HBRS INVT CORP COM 90187b101 272 26,000 SH   SOLE   26,000 0 0
URANERZ ENERGY CORP COM 91688t104 5,476 3,700,315 SH   SOLE   3,700,315 0 0
W P CAREY INC COM 92936u109 985 15,300 SH   SOLE   15,300 0 0
WESTFIELD FINANCIAL INC NEW COM 96008p104 451 60,441 SH   SOLE   60,441 0 0
ZIPREALTY INC COM 98974v107 10,289 3,397,643 SH   SOLE   3,397,643 0 0
POINTS INTL LTD COM NEW 730843208 7,040 310,409 SH   SOLE   310,409 0 0
PULSE ELECTRONICS CORP COM NEW 74586w205 1,368 547,305 SH   SOLE   547,305 0 0
SELECTICA INC COM NEW 816288203 1,888 293,124 SH   SOLE   293,124 0 0
UNITED ONLINE INC COM NEW 911268209 7,218 694,033 SH   SOLE   694,033 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 6,307 1,828,259 SH   SOLE   1,828,259 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106m102 545 17,929 SH   SOLE   17,929 0 0
BROOKFIELD INFRAST PARTNERS LP INT UNIT g16252101 549 13,158 SH   SOLE   13,158 0 0
SHIP FINANCE INTERNATIONAL L SHS g81075106 149 8,000 SH   SOLE   8,000 0 0
GLOBAL SHIP LEASE INC NEW SHS A y27183105 1,327 323,454 SH   SOLE   323,454 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 382 19,818 SH   SOLE   19,818 0 0
ZIONS BANCORPORATION *W EXP 11/14/201 989701131 299 89,328 SH   SOLE   89,328 0 0