Net Loss Per Share (Tables)

12 Months Ended

Jun. 30, 2026

Schedule of Basic and Diluted Net Loss Per Share

The following tables present the calculation of basic and diluted net loss per share attributable to common stockholders (in thousands, except per share data):


	Fiscal Year Ended June 30,
	2026				2025				2024
	Class A		Class B		Class A		Class B		Class A		Class B
Numerator:
Net Loss	$	(34,202)	$	(19,626)	$	(160,050)	$	(96,637)	$	(181,587)	$	(118,932)
Denominator:
Weighted-average shares outstanding, basic and diluted	165,308		94,855		163,230		98,557		156,580		102,553
Net loss per share, basic and diluted	$	(0.21)	$	(0.21)	$	(0.98)	$	(0.98)	$	(1.16)	$	(1.16)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The potential weighted average dilutive securities that were not included in the dilutive earnings per share calculation because the effect would be anti-dilutive were as follows (shares in thousands):


	Fiscal Year Ended June 30,
	2026	2025	2024

Class A Common Stock RSU awards	16,746	7,423	8,320
Class A Common Stock restricted stock awards	554	29	23
Total potentially dilutive securities	17,300	7,452	8,343