Basic net loss per share is computed by dividing the net loss by the weighted-average number of common shares outstanding for the period. Diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury stock method.

Basic net loss per share is the same as diluted net loss per share because the Company reported net losses for all periods presented. The following table sets forth the computation of basic and diluted net loss per share for the periods presented (in thousands, except per share data):


	Year Ended June 30,
	2026		2025		2024
Numerator:
Net loss	$	(41,310)	$	(18,217)	$	(32,021)
Denominator:
Weighted-average shares used to compute net loss per share, basic and diluted	79,618		78,710		71,488
Net loss per share, basic and diluted	$	(0.52)	$	(0.23)	$	(0.45)

The Company excluded the following potential shares of common stock from the calculation of diluted net loss per share because their effect would be anti-dilutive (in thousands):


	Year Ended June 30,
	2026	2025	2024
Outstanding stock options to purchase common stock	1,567	2,628	6,866
Unvested PSUs and RSUs	6,505	5,316	5,137
Shares issuable under ESPP	103	57	12
Total	8,175	8,001	12,015