Comprehensive income consists of net income and other comprehensive income (loss), which reflects valuation changes in available-for-sale fixed-maturity securities carried at fair value, net of income taxes.

The components of other comprehensive income (loss) are as follows:


	Three Months Ended June 30,					Six Months Ended June 30,
	2026			2025		2026			2025
Unrealized changes on fixed-maturity securities
Balance at the beginning of the period	$	(361	)	$	—	$	—		$	—
Unrealized losses on available-for-sale fixed-maturity securities		(872	)		—		(1,354	)		—
Deferred income taxes		218			—		339			—
Other comprehensive loss, net of income taxes	$	(654	)	$	—	$	(1,015	)	$	—
Balance at the end of the period	$	(1,015	)	$	—	$	(1,015	)	$	—