Basic and diluted net income (loss) per share of Ordinary shares is computed in accordance with Note 2. Basis of presentation, summary of significant accounting policies and recent accounting pronouncements – Net income (loss) per share of Ordinary shares.

The following table presents potentially dilutive securities on a weighted average basis that were not included in the computation of diluted net income (loss) per share of Ordinary shares as their inclusion would have been anti-dilutive:


	Years ended June 30,
	2026	2025	2024
Stock options	5,504,194	4,381,787	8,906,840
Restricted stock units	23,250,808	15,508,896	6,616,342
Investment Rights	4,520,548	—	—
Convertible notes	71,831,847	6,454,464	—
Capped call transactions1	32,114,455	—	—
Prepaid forward transactions1	8,910,354	—	—
Total	146,132,206	26,345,147	15,523,182

1The capped call transactions and prepaid forward transactions are excluded from the computation of diluted net income (loss) per share in all periods, as their effect would always be anti-dilutive..


(in USD thousands. except share and per share amounts)	Years ended June 30,
	2026		2025		2024
Numerator:
Net income (loss)	$	(702,621)	$	86,941	$	(28,920)

Numerator for diluted net income (loss) per share of Ordinary shares	$	(702,621)	$	86,941	$	(28,920)

Denominator:
Basic weighted-average shares used in computing net income (loss) per share of Ordinary shares	316,123,145		214,586,767		99,640,920
Effects of dilutive securities:
Options	—		2,054,372		—
Restricted stock units	—		6,604,512		—

Dilutive potential Ordinary shares	—		8,658,884		—
Diluted weighted-average shares used in computing net income (loss) per share of Ordinary shares	316,123,145		223,245,651		99,640,920

Basic net income (loss) per share of Ordinary shares	$	(2.22)	$	0.41	$	(0.29)
Diluted net income (loss) per share of Ordinary shares	$	(2.22)	$	0.39	$	(0.29)