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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,
20242024
Class AClass BClass AClass 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 - basic280,666,562 41,615,772 277,776,478 42,481,967 
Dilutive effect of stock equivalents:
Restricted stock units11,983,390 — — — 
Stock options, including early exercise of options10,241,926 — — — 
Value creation award vested shares473,889 — — — 
Common stock warrants215,029 — — — 
Weighted average shares of common stock - diluted303,580,796 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,
20232023
Class AClass BClass AClass 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 - basic249,866,191 57,705,411 247,045,485 58,660,152 
Weighted average shares of common stock - diluted249,866,191 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,
2024202320242023
Common stock warrants6,278,501 5,875,592 6,278,501 5,875,592 
Restricted stock units773,998 19,397,022 20,685,982 19,397,022 
Stock options, including early exercise of options906,767 17,173,007 14,260,228 17,173,007 
Employee stock purchase plan shares189,621 221,266 189,621 221,266 
Value creation award— — 4,000,000 — 
Total8,148,887 42,666,887 45,414,332 42,666,887