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Net Income (Loss) per Share Attributable to Common Stockholders (Tables) | 6 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Net Loss Per Share | The following table presents basic and diluted net income (loss) per share attributable to common stockholders for Class A and Class B common stock (in thousands, except share and per share data):
|  | Three Months Ended December 31, |  | Six Months Ended December 31,
|  | 2024 |  | 2024
|  | Class A |  | Class B |  | Class A |  | Class B
Numerator: |  |  |  |  |  |  |  |
Net income (loss) attributable to common stockholders - basic |  | $ | 69,983 |  |  | $ | 10,377 |  |  | $ | (17,227) |  |  | $ | (2,635) |
Net income (loss) attributable to common stockholders - diluted |  | $ | 70,672 |  |  | $ | 9,688 |  |  | $ | (17,227) |  |  | $ | (2,635) |
Denominator: |  |  |  |  |  |  |  |
Weighted average shares of common stock - basic |  | 280,666,562 |  |  | 41,615,772 |  |  | 277,776,478 |  |  | 42,481,967 |
Dilutive effect of stock equivalents: |  |  |  |  |  |  |  |
Restricted stock units |  | 11,983,390 |  |  | — |  |  | — |  |  | — |
Stock options, including early exercise of options |  | 10,241,926 |  |  | — |  |  | — |  |  | — |
Value creation award vested shares |  | 473,889 |  |  | — |  |  | — |  |  | — |
Common stock warrants |  | 215,029 |  |  | — |  |  | — |  |  | — |
Weighted average shares of common stock - diluted |  | 303,580,796 |  |  | 41,615,772 |  |  | 277,776,478 |  |  | 42,481,967 |
Net income (loss) per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | (0.06) |  |  | $ | (0.06) |
Diluted |  | $ | 0.23 |  |  | $ | 0.23 |  |  | $ | (0.06) |  |  | $ | (0.06) |
|  | Three Months Ended December 31, |  | Six Months Ended December 31,
|  | 2023 |  | 2023
|  | Class A |  | Class B |  | Class A |  | Class B
Numerator: |  |  |  |  |  |  |  |
Net loss attributable to common stockholders - basic |  | $ | (135,588) |  |  | $ | (31,314) |  |  | $ | (273,697) |  |  | $ | (64,988) |
Net income (loss) attributable to common stockholders - diluted |  | $ | (135,588) |  |  | $ | (31,314) |  |  | $ | (273,697) |  |  | $ | (64,988) |
Denominator: |  |  |  |  |  |  |  |
Weighted average shares of common stock - basic |  | 249,866,191 |  |  | 57,705,411 |  |  | 247,045,485 |  |  | 58,660,152 |
Weighted average shares of common stock - diluted |  | 249,866,191 |  |  | 57,705,411 |  |  | 247,045,485 |  |  | 58,660,152 |
Net loss per share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.54) |  |  | $ | (0.54) |  |  | $ | (1.11) |  |  | $ | (1.11) |
Diluted |  | $ | (0.54) |  |  | $ | (0.54) |  |  | $ | (1.11) |  |  | $ | (1.11) |
Schedule of Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share | The following common stock equivalents were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders because their inclusion would have been anti-dilutive:
|  | Three Months Ended December 31, |  | Six Months Ended December 31,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Common stock warrants |  | 6,278,501 |  |  | 5,875,592 |  |  | 6,278,501 |  |  | 5,875,592 |
Restricted stock units |  | 773,998 |  |  | 19,397,022 |  |  | 20,685,982 |  |  | 19,397,022 |
Stock options, including early exercise of options |  | 906,767 |  |  | 17,173,007 |  |  | 14,260,228 |  |  | 17,173,007 |
Employee stock purchase plan shares |  | 189,621 |  |  | 221,266 |  |  | 189,621 |  |  | 221,266 |
Value creation award |  | — |  |  | — |  |  | 4,000,000 |  |  | — |
Total |  | 8,148,887 |  |  | 42,666,887 |  |  | 45,414,332 |  |  | 42,666,887 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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