{"schema_version":"secwatch.filing_event.v1","accession":"0001726173-25-000006","form_type":"8-K","ticker":"BH-A","cik":"0001726173","company_name":"Biglari Holdings Inc.","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.632715+00:00","generated_at":"2026-05-25T19:06:46.641555+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 loss of $10.3M; full-year operating earnings fall 25%","bullets":["Q4 2024 pre-tax operating earnings $3.9M vs $3.8M in Q4 2023; full-year $32.6M down from $43.2M.","Net loss attributable to shareholders was $10.3M in Q4 and $3.8M for full year 2024.","Investment losses of $21.9M in Q4 and $40.7M for the year drove the net loss.","Annual letter from Sardar Biglari posted at www.biglariholdings.com alongside 10-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001726173-25-000006","json":"https://secwatch.observer/filing/0001726173-25-000006.json","markdown":"https://secwatch.observer/filing/0001726173-25-000006.md","text":"https://secwatch.observer/filing/0001726173-25-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1726173/000172617325000006/0001726173-25-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1726173/000172617325000006/bh-20250301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T19:06:46.641555+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"}