Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net income (loss) per share is computed using the weighted-average number of common shares outstanding, plus potential shares of common stock during the period. Potential shares of common stock include dilutive shares attributable to the assumed exercise of share options, employee share purchase plan shares and vesting of restricted stock units using the treasury stock method. Under the treasury stock method, potential common shares outstanding are not included in the computation of diluted net income (loss) per share if their effect is anti-dilutive.


	Year Ended June 30,
	2026		2025		2024
	(in thousands, except per share data)
Numerator:
Net loss	$	(42,265)	$	(96,976)	$	(11,081)

Denominator:
Basic:
Weighted average number of common shares used to compute basic net loss per share	29,951		29,405		28,236

Diluted:



Weighted average number of common shares used to compute diluted net loss per share	29,951		29,405		28,236

Net loss per share:
Basic	$	(1.41)	$	(3.30)	$	(0.39)
Diluted	$	(1.41)	$	(3.30)	$	(0.39)

The following potential dilutive securities were excluded from the computation of diluted net loss per share as their effect would have been anti-dilutive:


	Year Ended June 30,
	2026	2025	2024
	(in thousands)
Employee stock options and RSUs	2,354	2,475	2,822
ESPP	1,060	629	1,019
Total potential dilutive securities	3,414	3,104	3,841