Archon Capital Management LLC In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Archon Capital Management LLC reported 21 stock positions worth $53.3 million . Its top holding was Ezcorp Class A (EZPW) at 9.5% of the portfolio, followed by Kratos Defense & Security (KTOS, 8.9% ) and Potbelly (PBPB, 7.9% ). Compared with Q2 2024, it opened 6 new positions, sold out of 7, added to 3 and reduced 11. The biggest buy was a new position in Twilio Class A (TWLO) and the biggest sale an exit from Asure Software (ASUR).
Location Seattle, WA
CIK 0001398825
Portfolio Value $53.3M (Q3 2024) Holdings 21 stocks · $53.3M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q2 2024 EZPW Ezcorp Inc. Class A 453,495 $5.1M Reduce -50.0% KTOS Kratos Defense & Security 204,442 $4.8M Reduce -32.6% PBPB Potbelly Corp. 507,940 $4.2M Reduce -27.5% APYX Apyx Medical Corp. 3,115,281 $3.9M No change TWLO Twilio Inc. Class A 58,400 $3.8M New SN Sharkninja Inc. 26,600 $2.9M New FOCL Edap TMS SA -ADR 1,060,881 $2.7M Reduce -6.5% CVRX CVRX Inc. 301,620 $2.7M Add +83.5% STXS Stereotaxis Inc. 1,283,897 $2.6M Reduce -19.7% LYTS Lsi Industries Inc. 144,947 $2.3M Reduce -39.7% LPTH Lightpath Technologies Inc. Class A 1,668,513 $2.3M Reduce -12.6% DHX Dhi Group Inc. 1,173,743 $2.2M Add +90.2% RRGB Red Robin Gourmet Burgers 482,279 $2.1M Reduce -59.4% ORN Orion Group Holdings Inc. 366,599 $2.1M Add +35.1% CTLP Cantaloupe Inc. 271,312 $2.0M Reduce -59.4% TTMI TTM Technologies 90,630 $1.7M New KOPN Kopin Corp. 2,100,000 $1.5M New OSUR Orasure Technologies Inc. 337,743 $1.4M New ARAY Accuray Inc. 796,866 $1.4M Reduce -74.5% SSTI Soundthinking Inc. 93,538 $1.1M New KRMD Koru Medical Systems Inc. 188,900 $516K Reduce -82.0%
Portfolio Sells Q2 2024 → Q3 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▲ ASUR Asure Software Inc. Sold out 0.00% −7.15 RRGB Red Robin Gourmet Burgers Reduce -59.4% 3.99% −6.46 STIM Neuronetics Inc. Sold out 0.00% −5.18 ARAY Accuray Inc. Reduce -74.5% 2.69% −3.93 ZM Zoom Communications Inc. Sold out 0.00% −3.87 DRS Leonardo DRS Inc. Sold out 0.00% −2.53 KRMD Koru Medical Systems Inc. Reduce -82.0% 0.97% −2.26 FOCL Edap TMS SA -ADR Reduce -6.5% 5.07% −2.11 EZPW Ezcorp Inc. Class A Reduce -50.0% 9.53% −1.52 CTLP Cantaloupe Inc. Reduce -59.4% 3.76% −1.37 HNST The Honest Co. Inc. Sold out 0.00% −0.82 CMTL Comtech Telecommunications Sold out 0.00% −0.82 LIVEPERSON INC Sold out 0.00% −0.50 LYTS Lsi Industries Inc. Reduce -39.7% 4.39% +0.35 PBPB Potbelly Corp. Reduce -27.5% 7.94% +1.40 LPTH Lightpath Technologies Inc. Class A Reduce -12.6% 4.29% +1.49 STXS Stereotaxis Inc. Reduce -19.7% 4.91% +1.53 KTOS Kratos Defense & Security Reduce -32.6% 8.93% +1.87
Portfolio Buys Q2 2024 → Q3 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q2 2024 % Of Portfolio Change To Portfolio ▼ TWLO Twilio Inc. Class A New 7.14% +7.14 SN Sharkninja Inc. New 5.42% +5.42 TTMI TTM Technologies New 3.10% +3.10 KOPN Kopin Corp. New 2.87% +2.87 OSUR Orasure Technologies Inc. New 2.70% +2.70 CVRX CVRX Inc. Add +83.5% 4.98% +2.69 DHX Dhi Group Inc. Add +90.2% 4.05% +2.55 SSTI Soundthinking Inc. New 2.03% +2.03 ORN Orion Group Holdings Inc. Add +35.1% 3.97% +0.97
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ IWM iShares Russell 2000 ETF call Sold out 183,500 $37.2Mbefore exit CMTL Comtech Telecommunications call Sold out 70,000 $212Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 43 $246.3M BAND, OMDA, TDC, SVV, SFIX Q1 2026 44 $177.0M BAND, APYX, SVV, BRZE, OMDA Q4 2025 48 $175.8M SVV, APYX, OMDA, TDC, BW Q3 2025 46 $167.9M SVV, EZPW, REAL, BRZE, PL Q2 2025 48 $122.0M SVV, APYX, PBPB, ORN, EZPW Q1 2025 45 $94.9M SVV, PBPB, ZM, APYX, FARO Q4 2024 36 $83.1M SN, EZPW, LPTH, APYX, PBPB Q3 2024 21 $53.3M EZPW, KTOS, PBPB, APYX, TWLO Q2 2024 22 $86.0M EZPW, RRGB, FOCL, ASUR, KTOS Q1 2024 30 $211.8M EZPW, ARAY, PCRX, RRGB, ZM