XML 40 R23.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Net Income (Loss) per Share Attributable to Common Stockholders | 6 Months Ended
--- | ---
Dec. 31, 2024
Earnings Per Share [Abstract] |
Net Income (Loss) per Share Attributable to Common Stockholders | Net Income (Loss) per Share Attributable to Common Stockholders 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) |
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 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration