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Accounting Policies (Tables) | 12 Months Ended
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Jun. 30, 2023
Accounting Policies [Abstract] |
Schedule of Prior Period Adjustments Error Corrections | The following tables provide the impact of the correction as of and for the year ended June 30, 2021, as presented below (in thousands):
|  | Year Ended June 30, 2021 |  |
|  | As Previously Reported |  | Adjustments |  | As Corrected |  |  |  |
Consolidated statement of operations and comprehensive loss |  |  |  |  |  |  |  |  |  |
Processing and servicing |  | 73,767 |  |  | (189) |  |  | 73,578 |  |  |  |  |
Technology and data analytics |  | 256,082 |  |  | (6,746) |  |  | 249,336 |  |  |  |  |
Sales and marketing |  | 184,279 |  |  | (2,089) |  |  | 182,190 |  |  |  |  |
General and administrative |  | 370,251 |  |  | 13,498 |  |  | 383,749 |  |  |  |  |
Total operating expenses |  | 1,249,657 |  |  | 4,474 |  |  | 1,254,131 |  |  |  |  |
Other expense, net |  | (54,073) |  |  | (5,630) |  |  | (59,703) |  |  |  |  |
Loss before income taxes |  | (433,266) |  |  | (10,104) |  |  | (443,370) |  |  |  |  |
Net loss attributable to common stockholders |  | (430,923) |  |  | (10,104) |  |  | (441,027) |  |  |  |  |
Foreign currency translation adjustments |  | 7,042 |  |  | 4 |  |  | 7,046 |  |  |  |  |
Net comprehensive income |  | 7,071 |  |  | 4 |  |  | 7,075 |  |  |  |  |
Comprehensive loss |  | (423,852) |  |  | (10,100) |  |  | (433,952) |  |  |  |  |
Net loss per share attributable to common stockholders for Class A and Class B: |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (2.72) |  |  | $ | (0.06) |  |  | $ | (2.78) |  |  |  |  |
Diluted |  | $ | (2.88) |  |  | $ | (0.06) |  |  | $ | (2.94) |  |  |  |  |
|  | Year Ended June 30, 2021 |  |
|  | As Previously Reported |  | Adjustments |  | As Corrected |  |  |  |
Consolidated statement of redeemable convertible preferred stock and stockholders’ equity |  |  |  |  |  |  |  |  |  |
Stock-based compensation - additional paid-in capital |  | 302,032 |  |  | 4,474 |  |  | 306,506 |  |  |  |  |
Foreign currency translation adjustments - accumulated other comprehensive income (loss) |  | 7,042 |  |  | 4 |  |  | 7,046 |  |  |  |  |
Net loss - accumulated deficit |  | (430,923) |  |  | (10,104) |  |  | (441,027) |  |  |  |  |
Balance as of June 30, 2021 - total stockholders' equity |  | 2,581,153 |  |  | (5,626) |  |  | 2,575,527 |  |  |  |  |
|  | Year Ended June 30, 2021 |  |
|  | As Previously Reported |  | Adjustments |  | As Corrected |  |  |  |
Consolidated statement of cash flows |  |  |  |  |  |  |  |  |  |
Cash flows from operating activities |  |  |  |  |  |  |  |  |  |
Net loss |  | (430,923) |  |  | (10,104) |  |  | (441,027) |  |  |  |  |
Adjustments to reconcile net loss to net cash used in operating activities: |  |  |  |  |  |  |  |  |  |
Changes in fair value of assets and liabilities |  | 51,655 |  |  | 5,630 |  |  | 57,285 |  |  |  |  |
Stock-based compensation |  | 288,033 |  |  | 4,474 |  |  | 292,507 |  |  |  |  |
Net cash used in operating activities |  | (193,130) |  |  | — |  |  | (193,130) |  |  |  |  |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-7 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9 + Details
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