U.S. Potentially Undervalued Small Caps

Peraso

Market Cap: US$11.6m

A fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in North America, Hong Kong, Taiwan, and internationally.

Creative Realities

Market Cap: US$40.5m

Provides digital marketing technology and solutions in the United States and internationally.

WidePoint

Market Cap: US$48.6m

Provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe.

TruGolf Holdings

Market Cap: US$2.5m

Through its subsidiary, engages in the design, development, manufacture, and sale of golf simulators for residential and commercial applications in the United States.

Smith Micro Software

Market Cap: US$17.7m

Develops and sells software solutions to simplify and enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa.

Star Equity Holdings

Market Cap: US$36.0m

Operates as a diversified multi-industry holding company in Australia, the United States, the United Kingdom, and internationally.

OptimumBank Holdings

Market Cap: US$64.0m

Operates as the bank holding company for OptimumBank, which provides various consumer and commercial banking services to individuals and businesses.

Performance Shipping

Market Cap: US$23.4m

Provides shipping transportation services through its tanker vessels worldwide.

MariMed

Market Cap: US$28.7m

Engages in cultivation, production, and selling of branded cannabis products in the United States.

Quest Resource Holding

Market Cap: US$23.5m

Provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States.

WM Technology

Market Cap: US$62.2m

An online cannabis marketplace, provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

PLAYSTUDIOS

Market Cap: US$59.5m

Develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally.

Inuvo

Market Cap: US$27.4m

An advertising technology and services company, develops and commercializes large language generative artificial intelligence that discovers and targets digital audiences in the United States.

TScan Therapeutics

Market Cap: US$63.7m

A clinical-stage biotechnology company, develops T cell receptor-engineered T cell (TCR-T) therapies for the treatment of patients with cancer in the United States.

Harvard Bioscience

Market Cap: US$21.7m

Develops, manufactures, and sells technologies, products, and services for life science applications in the Americas, Europe, the Middle East, Africa, Asia, and internationally.

Traws Pharma

Market Cap: US$9.8m

A clinical-stage biopharmaceutical company, develops small-molecule oral product candidates for respiratory viral diseases and cancer.

Orion Energy Systems

Market Cap: US$39.1m

Researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany.

LifeVantage

Market Cap: US$52.9m

Engages in the identification, research, development, formulation, and sale of advanced nutrigenomic activators, dietary supplements, nootropics, weight management, pre and pro-biotics and skin and hair care products internationally.

DocGo

Market Cap: US$53.2m

Operates as a mobile healthcare services company in the United States and the United Kingdom.

Niko Resources

Market Cap: US$94.0

Engages in the exploration, development, and production of oil and natural gas primarily in India and Bangladesh.

Sino Agro Food

Market Cap: US$18.1k

Sino Agro Food, Inc. operates as an agriculture technology and natural food holding company in the People Republic of China.

Elmer Bancorp

Market Cap: US$27.2m

Operates as the bank holding company for The First National Bank of Elmer that provides various business and personal banking products and services in New Jersey.

High Country Bancorp

Market Cap: US$36.2m

A bank holding company, provides various banking products and services.

Huron Valley Bancorp

Market Cap: US$31.7m

Operates as the bank holding company for Huron Valley State Bank that provides various banking products and services to individuals and businesses in Michigan.

Janel

Market Cap: US$61.4m

Through its subsidiaries, provides logistics services internationally.

DynaResource

Market Cap: US$38.4m

Engages in the investment, exploration, and management of precious metal assets in Mexico.

Greenland Technologies Holding

Market Cap: US$17.5m

Designs, develops, manufactures, and sells components and products for material handling industries worldwide.

Laird Superfood

Market Cap: US$26.7m

Manufactures and markets plant-based natural and functional food in the United States.

SemiLEDs

Market Cap: US$10.0m

Develops, manufactures, and sells light emitting diode (LED) chips, components, and modules and systems in the United States, Taiwan, the Netherlands, Japan, and internationally.

BayFirst Financial

Market Cap: US$29.8m

Operates as the bank holding company for BayFirst National Bank that provides community banking services for small and medium sized businesses and individuals.

Live Ventures

Market Cap: US$41.8m

Engages in the flooring and steel manufacturing, and retail businesses in the United States.

Meiwu Technology

Market Cap: US$1.9m

Through its subsidiaries, engages in online and mobile commerce business in the People’s Republic of China.

Daxor

Market Cap: US$54.7m

Engages in medical instrumentation and biotechnology operations.

Farmmi

Market Cap: US$17.1m

Through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East.

TransAct Technologies

Market Cap: US$34.8m

Designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.

SCI Engineered Materials

Market Cap: US$22.5m

Manufactures and supplies materials for physical vapor deposition thin film applications in the United States.