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Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Financial Assets Measured at Fair Value on Recurring Basis
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis as of the date indicated by level within the fair value hierarchy (in thousands):
September 30, 2025June 30, 2025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets:
Cash equivalents:
Money market funds$216,294 $— $— $216,294 $243,232 $— $— $243,232 
Other assets:
Convertible debt instrument— — 2,990 2,990 — — — — 
Total financial assets$216,294 $— $2,990 $219,284 $243,232 $— $— $243,232 
Financial Liabilities:
Liability for contingent consideration, current portion$— $— $500 $500 $— $— $— $— 
Liability for contingent consideration, noncurrent portion— — 92 92 — — 86 86 
Total financial liabilities$— $— $592 $592 $— $— $86 $86 
Summary of Financial Liabilities Measured at Fair Value on Recurring Basis
The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis as of the date indicated by level within the fair value hierarchy (in thousands):
September 30, 2025June 30, 2025
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Financial Assets:
Cash equivalents:
Money market funds$216,294 $— $— $216,294 $243,232 $— $— $243,232 
Other assets:
Convertible debt instrument— — 2,990 2,990 — — — — 
Total financial assets$216,294 $— $2,990 $219,284 $243,232 $— $— $243,232 
Financial Liabilities:
Liability for contingent consideration, current portion$— $— $500 $500 $— $— $— $— 
Liability for contingent consideration, noncurrent portion— — 92 92 — — 86 86 
Total financial liabilities$— $— $592 $592 $— $— $86 $86 
Schedule of Changes in Fair Value of Contingent Consideration Liabilities
Changes in contingent consideration liabilities were as follows (in thousands):
Three Months Ended September 30,
20252024
Balance, beginning of period$86 $2,558 
Payment of contingent consideration— (1,387)
Change of contingent consideration506 (920)
Effect of foreign currency exchange rate changes— 
Balance, end of period$592 $258