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Net Loss per Share Attributable to Common Stockholders
12 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Net Loss per Share Attributable to Common Stockholders Net Loss per Share Attributable to Common Stockholders
On January 12, 2021, we amended and restated our certificate of incorporation to effect a reclassification of each share of our outstanding common stock into ½ share of Class A common stock and ½ share of Class B common stock, with cash paid for fractional shares. Therefore, we have two classes of common stock: Class A common stock and Class B common stock. The rights, including the dividends and distributions, of the holders of our Class A and Class B common stock are identical, except with respect to voting. Additionally, the conversion of all outstanding shares of redeemable convertible preferred stock into shares of our common stock occurred immediately prior to the reclassification.

The following tables present basic and diluted net loss per share attributable to common stockholders for Class A and Class B common stock (in thousands, except share and per share data):

Year ended June 30, 2022
Class AClass B
Numerator:
Basic and diluted
Net Loss$(536,654)$(170,763)
Net loss attributable to common stockholders$(536,654)$(170,763)
Denominator:
Basic
Weighted average shares outstanding, basic213,703,749 68,000,292 
Total-basic213,703,749 68,000,292 
Diluted
Weighted average common shares outstanding, diluted213,703,749 68,000,292 
Total-diluted213,703,749 68,000,292 
Net loss per share attributable to common stockholders:
Basic$(2.51)$(2.51)
Diluted$(2.51)$(2.51)
Year ended June 30, 2021
Class AClass B
Numerator:
Basic
Net Loss$(235,000)$(206,027)
Net loss attributable to common stockholders$(235,000)$(206,027)
Diluted
Net Loss$(235,000)$(206,027)
Excess return to preferred stockholders on repurchase(16,036)(14,069)
Gain on conversion of convertible debt212 186 
Interest on convertible debt prior to conversion955 837 
Net loss attributable to common stockholders$(249,869)$(219,073)
Denominator:
Basic
Weighted average shares outstanding, basic84,385,884 73,982,039 
Total-basic84,385,884 73,982,039 
Diluted
Weighted average common shares outstanding, diluted84,385,884 73,982,039 
Weighted average common shares attributable to convertible debt prior to conversion438,344 438,344 
Total-diluted84,824,228 74,420,383 
Net loss per share attributable to common stockholders:
Basic$(2.78)$(2.78)
Diluted$(2.95)$(2.94)

The following common stock equivalents, presented based on amounts outstanding, were excluded from the calculation of diluted net loss per share attributable to common stockholders because their inclusion would have been anti-dilutive:
Year ended June 30,
202220212020
Stock options, including early exercise of options18,922,009 44,178,776 42,573,405 
Restricted stock units21,387,592 14,238,738 8,235,170 
Common stock warrants5,817,203 350,000 706,065 
Employee stock purchase plan shares614,659 — — 
Convertible debt— — 7,182,478 
Redeemable convertible preferred stock— — 122,115,971 
Total46,741,463 58,767,514 180,813,089