v3.26.1
Leases
9 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company leases the majority of its office space in the U.S., U.K., Portugal, Germany, Netherlands, Ukraine, and Singapore under non-cancelable operating lease agreements, which have various expiration dates through June 2030, some of which include options to extend the leases for up to 5 years.
The components of lease costs were as follows (in thousands):
Three Months Ended March 31,Nine Months Ended March 31,
Operating Leases:2026202520262025
Operating lease cost$1,921 $1,600 $5,618 $4,983 
Short-term lease cost$337 $564 $905 $1,434 
Variable lease cost$122 $111 $396 $361 
The weighted-average remaining lease term of the Company’s operating leases and the weighted-average discount rate used to measure the present value of the operating lease liabilities are as follows:
Lease Term and Discount Rate:March 31, 2026March 31, 2025
Weighted-average remaining lease term (in years)3.74.9
Weighted-average discount rate6.6%6.9%
The following table presents supplemental cash flow information related to the Company’s operating leases (in thousands):
Nine Months Ended March 31,
20262025
Cash payments included in the measurement of operating lease liabilities$5,971 $5,033 
ROU assets obtained in exchange for new operating lease liabilities$3,107 $(419)
Current operating lease liabilities of $6.7 million and $6.5 million were included in Other current liabilities on the Company’s unaudited condensed consolidated balance sheets as of March 31, 2026 and June 30, 2025, respectively.
As of March 31, 2026, remaining maturities of operating lease liabilities are as follows (in thousands):
Fiscal Year Ending June 30,Amount
2026 (remaining 3 months)$2,906 
20276,057 
20285,342 
20295,128 
20303,718 
2031 and thereafter— 
Total lease payments23,151 
Less: imputed interest(2,543)
Present value of operating lease liabilities$20,608