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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 30, 2022
Assets    
Cash and cash equivalents $ 972,477 $ 1,255,171
Restricted cash 409,015 295,636
Securities available for sale at fair value 1,059,031 1,595,373
Loans held for sale 122 2,670
Loans held for investment 3,775,542 2,503,561
Allowance for credit losses (176,336) (155,392)
Loans held for investment, net 3,599,206 2,348,169
Accounts receivable, net 135,816 142,052
Property, equipment and software, net 277,156 171,482
Goodwill 537,126 539,534
Intangible assets 48,267 78,942
Commercial agreement assets 198,994 263,196
Other assets 270,639 281,567
Total Assets 7,507,849 6,973,792
Liabilities:    
Accounts payable 30,022 33,072
Payable to third-party loan owners 44,187 71,383
Accrued interest payable 13,826 6,659
Accrued expenses and other liabilities 192,360 237,598
Convertible senior notes, net 1,413,345 1,706,668
Notes issued by securitization trusts 1,788,853 1,627,580
Funding debt 1,514,120 672,577
Total liabilities 4,996,713 4,355,537
Commitments and contingencies
Stockholders’ equity:    
Additional paid in capital 4,918,756 4,231,303
Accumulated deficit (2,385,285) (1,605,902)
Accumulated other comprehensive loss (22,338) (7,149)
Total stockholders’ equity 2,511,136 2,618,255
Total Liabilities and Stockholders’ Equity 7,507,849 6,973,792
Class A common stock    
Stockholders’ equity:    
Common stock 2 2
Class B common stock    
Stockholders’ equity:    
Common stock $ 1 $ 1