v3.26.1
Leases (Tables)
12 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Term and Discount Rate
Operating lease expense is as follows (in thousands):
June 30, 2026 (2)
June 30, 2025June 30, 2024
Operating lease expense (1)
$10,431 $11,949 $11,549 
(1)Lease expenses for our short-term leases were immaterial for the years presented.
(2)Includes a $2.2 million gain recognized in general and administrative expense within our consolidated statements of operations and comprehensive income (loss) in connection with a modification of one of our office leases.
Lease term and discount rate information are summarized as follows:
June 30, 2026
Weighted average remaining lease term (in years)6.5
Weighted average discount rate6.4%
Schedule of Maturities of Lease Liabilities
As of June 30, 2026, future minimum lease payments are as follows (in thousands):

2027$5,505 
20284,735 
20294,833 
20305,006 
20314,823 
Thereafter12,174 
Total lease payments37,076 
Less imputed interest(7,889)
Present value of total lease liabilities$29,187