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Investments (Tables) | 9 Months Ended
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Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Investments | Equity investments by measurement category were as follows (in thousands):
Measurement category | March 31, 2025 |  | June 30, 2024
Fair value | $ | 12,131 |  |  | $ | 12,026 |
Measurement alternative | 65,378 |  |  | 73,739 |
Equity method | 68,896 |  |  | 65,462 |
Total | $ | 146,405 |  |  | $ | 151,227 |
Schedule of Changes in Equity Investments | The following tables show a reconciliation of the changes in our equity investments (in thousands):
| Nine Months Ended March 31, 2025
| 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 | 3,878 |  |  | — |  |  | 525 |  |  | 4,403 |
Proceeds from exits of investments | (4,378) |  |  | — |  |  | — |  |  | (4,378) |
Realized gains (losses) on non-marketable equity securities | 389 |  |  | — |  |  | — |  |  | 389 |
Impairment of investments | (8,259) |  |  | — |  |  | — |  |  | (8,259) |
Unrealized gains (losses) on marketable equity securities | — |  |  | 105 |  |  | — |  |  | 105 |
Gain attributable to equity method investments | — |  |  | — |  |  | 2,375 |  |  | 2,375 |
Foreign currency translation adjustments | 9 |  |  | — |  |  | 534 |  |  | 543 |
Carrying value at the end of the period | $ | 65,378 |  |  | $ | 12,131 |  |  | $ | 68,896 |  |  | $ | 146,405 |
| Nine Months Ended March 31, 2024
| 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 | 6,567 |  |  | — |  |  | 3,125 |  |  | 9,692 |
Observable price adjustments on non-marketable equity securities | 2,315 |  |  | — |  |  | — |  |  | 2,315 |
Proceeds from exits of investments | (250) |  |  | — |  |  | — |  |  | (250) |
Unrealized gains (losses) on marketable equity securities | — |  |  | 9,114 |  |  | — |  |  | 9,114 |
Loss attributable to equity method investments | — |  |  | — |  |  | (2,716) |  |  | (2,716) |
Foreign currency translation adjustments | — |  |  | — |  |  | (660) |  |  | (660) |
Carrying value at the end of the period | $ | 77,380 |  |  | $ | 21,537 |  |  | $ | 65,115 |  |  | $ | 164,032 |

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