v3.26.3
Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present information about the assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and 2025.

 

 

As of June 30, 2026

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

415,004

 

 

$

415,004

 

 

$

—

 

 

$

—

 

Restricted cash

 

 

2,102

 

 

 

2,102

 

 

 

—

 

 

 

—

 

Total

 

$

417,106

 

 

$

417,106

 

 

$

—

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Earnout Shares liability

 

$

14,451

 

 

$

—

 

 

$

—

 

 

$

14,451

 

Warrant liabilities

 

 

10,746

 

 

 

—

 

 

 

10,746

 

 

 

—

 

Total

 

$

25,197

 

 

$

—

 

 

$

10,746

 

 

$

14,451

 

 

 

As of June 30, 2025

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

25,554

 

 

$

25,554

 

 

$

—

 

 

$

—

 

Investment in equity securities

 

 

3

 

 

 

3

 

 

 

—

 

 

 

—

 

Total

 

$

25,557

 

 

$

25,557

 

 

$

—

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Earnout Shares liability

 

$

5,880

 

 

$

—

 

 

$

—

 

 

$

5,880

 

Warrant liabilities

 

 

6,852

 

 

 

—

 

 

 

6,852

 

 

 

—

 

Total

 

$

12,732

 

 

$

—

 

 

$

6,852

 

 

$

5,880