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Balance Sheet Accounts (Tables)
6 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Cash and Cash Equivalents

The following table summarizes the Company's cash and cash equivalents (in thousands):

 

 

December 31,
2024

 

 

June 30,
2024

 

Cash

 

$

170,204

 

 

$

153,483

 

Cash equivalents

 

 

118

 

 

 

3,216

 

Total cash and cash equivalents

 

$

170,322

 

 

$

156,699

 

Components of Inventories

The following table summarizes the Company's inventory by category (in thousands):

 

 

December 31,
2024

 

 

June 30,
2024

 

Finished goods

 

$

84,002

 

 

$

115,813

 

Raw materials

 

 

48,276

 

 

 

25,219

 

Total inventories

 

$

132,278

 

 

$

141,032

 

Components of Property and Equipment

The following table summarizes the Company's property and equipment, net by category (in thousands):

 

 

December 31,
2024

 

 

June 30,
2024

 

Computers and equipment

 

$

80,790

 

 

$

77,224

 

Software

 

 

55,805

 

 

 

60,717

 

Office equipment, furniture and fixtures

 

 

8,103

 

 

 

8,134

 

Leasehold improvements

 

 

48,128

 

 

 

47,880

 

Total property and equipment

 

 

192,826

 

 

 

193,955

 

Less: accumulated depreciation and amortization

 

 

(156,091

)

 

 

(150,211

)

Property and equipment, net

 

$

36,735

 

 

$

43,744

 

Summary of Product Warranty Liability Activity

The following table summarizes the activity related to the Company’s product warranty liability during the following periods (in thousands):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31,
2024

 

 

December 31,
2023

 

 

December 31,
2024

 

 

December 31,
2023

 

Balance at beginning of period

 

$

10,239

 

 

$

12,164

 

 

$

10,942

 

 

$

12,322

 

New warranties issued

 

 

3,045

 

 

 

2,777

 

 

 

5,531

 

 

 

6,451

 

Warranty expenditures

 

 

(3,248

)

 

 

(3,544

)

 

 

(6,437

)

 

 

(7,376

)

Balance at end of period

 

$

10,036

 

 

$

11,397

 

 

$

10,036

 

 

$

11,397