XML 66 R50.htm IDEA: XBRL DOCUMENT v3.23.2
Summary of Significant Accounting Policies - Consolidated Statement of Operations and Comprehensive Loss (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Operating expenses      
Processing and servicing $ 257,343 $ 157,814 $ 73,578
Technology and data analytics 615,818 418,643 249,336
Sales and marketing 638,280 532,343 182,190
General and administrative 586,398 577,493 383,749
Total operating expenses 2,788,847 2,215,340 1,254,131
Other expense, net 211,617 141,217 (59,703)
Loss before income taxes (989,245) (724,831) (443,370)
Net loss (985,345) (707,417) (441,027)
Other comprehensive income (loss)      
Foreign currency translation adjustments (8,143) (5,900) 7,046
Net comprehensive income (8,274) (13,922) 7,075
Comprehensive loss $ (993,619) $ (721,339) $ (433,952)
Net loss per share attributable to common stockholders for Class A and Class B      
Basic (in USD per share) $ (3.34) $ (2.51) $ (2.78)
Diluted (in USD per share) $ (3.34) $ (2.51) $ (2.94)
As Previously Reported      
Operating expenses      
Processing and servicing     $ 73,767
Technology and data analytics     256,082
Sales and marketing     184,279
General and administrative     370,251
Total operating expenses     1,249,657
Other expense, net     (54,073)
Loss before income taxes     (433,266)
Net loss     (430,923)
Other comprehensive income (loss)      
Foreign currency translation adjustments     7,042
Net comprehensive income     7,071
Comprehensive loss     $ (423,852)
Net loss per share attributable to common stockholders for Class A and Class B      
Basic (in USD per share)     $ (2.72)
Diluted (in USD per share)     $ (2.88)
Adjustments      
Operating expenses      
Processing and servicing     $ (189)
Technology and data analytics     (6,746)
Sales and marketing     (2,089)
General and administrative     13,498
Total operating expenses     4,474
Other expense, net     (5,630)
Loss before income taxes     (10,104)
Net loss     (10,104)
Other comprehensive income (loss)      
Foreign currency translation adjustments     4
Net comprehensive income     4
Comprehensive loss     $ (10,100)
Net loss per share attributable to common stockholders for Class A and Class B      
Basic (in USD per share)     $ (0.06)
Diluted (in USD per share)     $ (0.06)