v3.26.1
Leases (Tables)
 12 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of ROU Assets and Lease Liabilities
The following table summarizes the ROU assets and lease liabilities recorded in the consolidated balance sheets as of June 30, 2026 and 2025:
As of June 30,
20262025
ROU assets$448,892 $484,544 
Lease liabilities:
Operating leases, current44,461 35,100 
Operating leases, non-current560,101 566,484 
Total lease liabilities$604,562 $601,584 
Schedule of Lease Cost
The following table summarizes the activity related to lease costs recorded in the consolidated statements of operations for Fiscal Years 2026, 2025 and 2024:
Classification in the Consolidated Statements of OperationsYears Ended June 30,
202620252024
Operating lease cost
Direct operating expenses
$21,291 $21,291 $21,071 
Operating lease costSelling, general and administrative expenses34,290 32,112 26,023 
Variable lease cost
Direct operating expenses
2,382 1,840 716 
Variable lease costSelling, general and administrative expenses403 — — 
Total lease cost$58,366 $55,243 $47,810 
Supplemental cash flow information related to operating leases is as follows:
Years Ended June 30,
202620252024
Cash paid for amounts included in the measurement of operating lease liabilities$40,089 $37,829 $37,908 
Lease assets obtained in exchange for new lease obligations$— $116,957 $198,294 
Schedule of Operating Lease Liabilities
Maturities of operating lease liabilities as of June 30, 2026 were as follows:
As of June 30, 2026
Fiscal year ending June 30, 2027$47,500
Fiscal year ending June 30, 202863,173
Fiscal year ending June 30, 202955,987
Fiscal year ending June 30, 203062,777
Fiscal year ending June 30, 203164,226
Thereafter779,602
Total lease payments1,073,265
Less: imputed interest(468,703)
Total lease liabilities$604,562
The weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:
As of June 30,
20262025
Weighted average remaining lease term (in years)16.2517.08
Weighted average discount rate7.11 %7.11 %
The maturities of operating lease cash flows to be received on an undiscounted basis for the Arena license fees and other leasing revenues were as follows:
As of June 30, 2026
Fiscal year ending June 30, 2027$62,615 
Fiscal year ending June 30, 202864,213 
Fiscal year ending June 30, 202965,673 
Fiscal year ending June 30, 203067,161 
Fiscal year ending June 30, 203169,538 
Thereafter1,960,923 
Total future minimum receipts$2,290,123
Schedule of Revenues from Third Party and Related Party Lease and Sublease Arrangements
The following table summarizes the Company’s revenues recognized under Arena License Agreements and revenues from third party and related party lease and sublease arrangements for Fiscal Years 2026, 2025 and 2024.
Years Ended June 30,
202620252024
Arena License Agreements$68,068 $68,068 $68,068 
Third party and related party lease and sublease arrangements18,178 11,866 5,208 
Total Arena license fees and other leasing revenue$86,246 $79,934 $73,276