{"schema_version":"secwatch.filing_event.v1","accession":"0001726173-22-000018","form_type":"8-K","ticker":"BH-A","cik":"0001726173","company_name":"Biglari Holdings Inc.","filed_at":"2022-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.025481+00:00","generated_at":"2026-06-25T23:03:52.141028+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Biglari Holdings Q1 net loss of $0.3M; operating earnings $6.0M, down 33% YoY","bullets":["Net loss of $0.3M for Q1 2022; compare to net income of $71.7M in Q1 2021 due to investment losses.","Pretax operating earnings declined 33% to $6.0M from $8.9M in prior year.","Investment portfolio swung from $84.8M gain to $6.4M loss; company deems quarterly investment fluctuations not meaningful.","Full financial details available in Form 10-Q posted on Biglari Holdings website."],"urls":{"canonical":"https://secwatch.observer/filing/0001726173-22-000018","json":"https://secwatch.observer/filing/0001726173-22-000018.json","markdown":"https://secwatch.observer/filing/0001726173-22-000018.md","text":"https://secwatch.observer/filing/0001726173-22-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1726173/000172617322000018/0001726173-22-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1726173/000172617322000018/bh-20220506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:03:52.141028+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}