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Convertible notes payable
 3 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Convertible notes payable
Note 14. Convertible notes payable
Details of the Group’s notes payable are as follows:
2030 Convertible Notes2029 Convertible NotesTotal
Balance at July 1, 2025$427,837 $534,928 $962,765 
Change in estimate related to accrued debt issuance costs104 — 104 
Interest expenses4,136 5,697 9,833 
Coupon interest payable(3,575)(4,918)(8,493)
Convertible notes outstanding as at September 30, 2025
428,502 535,707 964,209 
Convertible notes due within one year— — — 
Total convertible notes, net of portion due within one year$428,502 $535,707 $964,209 
The following table summarizes the key terms of the convertible notes:
2030 Convertible Notes
2029 Convertible Notes
Issuance dateDecember 6, 2024June 13, 2025
Maturity dateJune 15, 2030December 15, 2029
Remaining principal (in thousands)
$440,000 $550,000 
Stated interest rate3.25 %3.50 %
Interest payment datesJune 15 & December 15June 15 & December 15
Effective interest rate3.87 %4.22 %
Net proceeds (in thousands)1
$311,646 $392,393 
Initial conversion rate2
59.4919 73.3299 
Initial conversion price$16.81 $13.64 
Principal amount per note
$1,000 $1,000 
1 Net proceeds after deducting offering and issuance costs related to the 2030 and 2029 Convertible Notes, the Capped Call Transactions costs and the Prepaid Forward Contracts costs.
2 Initial conversion rate of shares is per $1,000 principal amount of the relevant note