Reported a net loss of $14.5 million for Q1 2026, compared to a net loss of $33.3 million in Q1 2025. Total revenues were $97.5 million, up from $95.0 million in the prior year period. Restaurant operations generated $66.1 million in revenue, with Steak n Shake same-store sales increasing 10%. Insurance operations reported a pre-tax underwriting gain of $3.0 million, compared to $0.7 million in Q1 2025. Investment partnership losses totaled $13.5 million, significantly impacting the bottom line. Cash and cash equivalents stood at $200.1 million as of March 31, 2026.