{"schema_version":"secwatch.filing_event.v1","accession":"0001726173-23-000010","form_type":"8-K","ticker":"BH-A","cik":"0001726173","company_name":"Biglari Holdings Inc.","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.329473+00:00","generated_at":"2026-06-18T23:48:57.949982+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Biglari Holdings reports Q4 net income of $10M; full-year net loss of $32M on investment losses","bullets":["Q4 2022 pre-tax operating earnings $5.2M vs $6.9M in Q4 2021.","Full-year 2022 pre-tax operating earnings $36.3M vs $24.9M in 2021.","Full-year net loss attributable to shareholders $32.0M vs profit $35.5M in 2021.","Investment losses of $79.3M in 2022 vs gains of $17.4M in 2021.","Annual report posted at www.biglariholdings.com with Sardar Biglari's letter."],"urls":{"canonical":"https://secwatch.observer/filing/0001726173-23-000010","json":"https://secwatch.observer/filing/0001726173-23-000010.json","markdown":"https://secwatch.observer/filing/0001726173-23-000010.md","text":"https://secwatch.observer/filing/0001726173-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1726173/000172617323000010/0001726173-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1726173/000172617323000010/bh-20230225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T23:48:57.949982+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"}