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FAIR VALUE OF FINANCIAL INSTRUMENTS
 12 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
FAIR VALUE OF FINANCIAL INSTRUMENTS FAIR VALUE OF FINANCIAL INSTRUMENTS
The following tables summarize the Company’s financial instruments’ adjusted cost, gross unrealized gains and losses, and fair value by significant investment category as of June 30, 2026 (in thousands):

June 30, 2026
Adjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueCash and Cash Equivalents (1)Short-Term Investments
Level 1
Money market funds$10,667 $— $— $10,667 $10,667 $— 
Subtotal$10,667 $— $— $10,667 $10,667 $— 
Level 2
Asset-backed securities11,832 — — 11,832 — 11,832 
Corporate bonds38,906 — (6)38,900 — 38,900 
US Government bonds37,886 2 — 37,888 — 37,888 
Subtotal$88,624 $2 $(6)$88,620 $— $88,620 
Total$99,291 $2 $(6)$99,287 $10,667 $88,620 
(1) Cash and cash equivalents on the Consolidated Balance Sheets includes securities that have a maturity of three months or less at the date of purchase. The carrying amount approximates fair value, primarily due to the short maturity of cash equivalent instruments.

During fiscal year ended June 30, 2026, interest income on the Company's investments securities was $0.2 million.

The Company did not have any material continuous unrealized loss position from marketable securities as of June 30, 2026.

The following table represents the adjusted costs and fair value of cash equivalents and investments by contractual maturity as of June 30, 2026 (in thousands):
Available-For-Sale
Adjusted CostFair Value
Due within 1 year32,858 32,852 
Due after 1 year through 5 years66,433 66,435 
Total$99,291 $99,287 

All of the Company’s available-for-sale securities are available to the Company for use in current operations. As a result, the Company classified all of its securities as current assets even if the stated maturity of some individual securities may be one year or more beyond the balance sheet date.

For certain of the Company’s financial instruments, other than those presented in the disclosures above, including cash, accounts receivable, accounts payable and other current liabilities, the carrying amounts approximate fair value due to their short maturities.

As of June 30, 2025, the company had term-loan facilities, the fair value of which approximated the historical cost. Refer to Note 8."Debt"of the consolidated financial statements.