v3.26.1
Convertible Note Derivatives (Tables)
9 Months Ended
Mar. 31, 2026
Convertible Note Derivative [Abstract]  
Schedule of Components of Changes to Fair Value of the Convertible Note Derivatives

The components of changes to the fair value of the Convertible Note Derivatives are summarized below.

 

 

Derivative

 

 

 

(Asset)/Liability

 

 

 

(in thousands)

 

Convertible note derivatives (asset) liability — June 30, 2024

 

$

3,315

 

Additions, at fair value, September 16, 2024

 

 

1,643

 

Fair value adjustments (gain) loss, net

 

 

(1,357

)

Reclassified to additional paid-in capital, at fair value, December 31, 2024

 

 

(3,601

)

Convertible note derivatives (asset) liability — March 31, 2025

 

$