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Investments (Tables) | 6 Months Ended
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Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Investments | Equity investments by measurement category were as follows (in thousands):
Measurement category | December 31, 2024 |  | June 30, 2024
Fair value | $ | 14,777 |  |  | $ | 12,026 |
Measurement alternative | 66,455 |  |  | 73,739 |
Equity method | 65,737 |  |  | 65,462 |
Total | $ | 146,969 |  |  | $ | 151,227 |
Schedule of Changes in Equity Investments | The following tables show a reconciliation of the changes in our equity investments (in thousands):
| Six Months Ended December 31, 2024
| Non-marketable securities |  | Marketable securities |  | Equity method investments |  | Total
Balance at the beginning of the period | $ | 73,739 |  |  | $ | 12,026 |  |  | $ | 65,462 |  |  | $ | 151,227 |
Additions to investments | 2,000 |  |  | — |  |  | 350 |  |  | 2,350 |
Proceeds from exits of investments | (4,378) |  |  | — |  |  | — |  |  | (4,378) |
Realized gains on marketable and non-marketable equity securities | 389 |  |  | — |  |  | — |  |  | 389 |
Impairment of investments | (5,259) |  |  | — |  |  | — |  |  | (5,259) |
Unrealized gains on marketable equity securities | — |  |  | 2,751 |  |  | — |  |  | 2,751 |
Gain attributable to equity method investments | — |  |  | — |  |  | 2,040 |  |  | 2,040 |
Foreign currency translation adjustments | (36) |  |  | — |  |  | (2,115) |  |  | (2,151) |
Carrying value at the end of the period | $ | 66,455 |  |  | $ | 14,777 |  |  | $ | 65,737 |  |  | $ | 146,969 |
| Six Months Ended December 31, 2023
| Non-marketable securities |  | Marketable securities |  | Equity method investments |  | Total
Balance at the beginning of the period | $ | 68,748 |  |  | $ | 12,423 |  |  | $ | 65,366 |  |  | $ | 146,537 |
Additions to investments | 4,180 |  |  | — |  |  | 3,125 |  |  | 7,305 |
Observable price adjustments on non-marketable equity securities | 2,315 |  |  | — |  |  | — |  |  | 2,315 |
Proceeds from exits of investments | (250) |  |  | — |  |  | — |  |  | (250) |
Unrealized losses on marketable equity securities | — |  |  | (4,806) |  |  | — |  |  | (4,806) |
Loss attributable to equity method investments | — |  |  | — |  |  | (3,156) |  |  | (3,156) |
Foreign currency translation adjustments | — |  |  | — |  |  | 753 |  |  | 753 |
Carrying value at the end of the period | $ | 74,993 |  |  | $ | 7,617 |  |  | $ | 66,088 |  |  | $ | 148,698 |

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