v3.26.3
Derivatives (Tables)
 12 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Classification of Derivatives Carried at Fair Value The following table presents our consolidated balance sheets classification of derivatives carried at fair value (in thousands):

 

 

 

2026

 

Derivative

Balance Sheet Line

 

Asset

 

 

Liability

 

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

SAFE and Token Warrants

Investments in SAFE and Token Warrants

 

$

1,000

 

 

$

—

 

Covered Call Options

Accrued liabilities

 

 

—

 

 

 

40

 

Total derivatives

 

 

$

1,000

 

 

$

40

 

 

During the fiscal year ended June 30, 2025, we did not hold any Covered Call Options. The following table presents our statements of operations classification of derivatives carried at fair value for the period presented (in thousands):

Derivative

Statements of Operations Line

 

For the Fiscal Year Ended June 30, 2026

 

Derivatives not designated as hedging instruments:

 

 

 

 

Covered Call Options

Gain on derivative liabilities, net

 

$

813

 

Total derivatives

 

 

$

813