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Additional Financial Information | 12 Months Ended
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Jun. 30, 2024
Additional Financial Information [Abstract] |
Additional Financial Information | Additional Financial Information The following table provides a summary of the amounts recorded as cash and cash equivalents, and restricted cash as of June 30, 2024 and 2023:
|  | As of June 30,
|  | 2024 |  | 2023 |  |  |  |
Cash and cash equivalents |  | $ | 559,757 |  |  | $ | 131,965 |  |  |  |  |
Restricted cash |  | $ | 13,476 |  |  | $ | 297,149 |  |  |  |  |
Total Cash and cash equivalents, and restricted cash |  | $ | 573,233 |  |  | $ | 429,114 |  |  |  |  |
The Company’s cash equivalents consist of money market accounts, time deposits and U.S. treasury bills of $367,900 and $108,701 as of June 30, 2024 and 2023, respectively. Cash, cash equivalents, and restricted cash are measured at fair value within Level I of the fair value hierarchy on a recurring basis using observable inputs that reflect quoted prices for identical assets in active markets. The Company’s restricted cash includes cash deposited in escrow accounts. The Company has deposited cash in interest-bearing escrow accounts related to credit support, debt facilities, and collateral to its workers compensation and general liability insurance obligations. Prepaid expenses and other current assets as of June 30, 2024 and 2023 consisted of the following:
|  | As of June 30,
|  | 2024 |  | 2023
Prepaid expenses |  | $ | 30,864 |  |  | $ | 23,450 |
Note and other receivables |  | 3,866 |  |  | 21,453 |
Inventory |  | 11,893 |  |  | — |
Current deferred production costs |  | 2,094 |  |  | 6,524 |
Other |  | 6,138 |  |  | 4,658 |
Total prepaid expenses and other current assets |  | $ | 54,855 |  |  | $ | 56,085 |
Accounts payable, accrued, and other current liabilities as of June 30, 2024 and 2023 consisted of the following:
|  | As of June 30,
|  | 2024 |  | 2023 |  |  |
Accounts payable |  | $ | 18,875 |  |  | $ | 39,654 |  |  |  |
Accrued payroll and employee related liabilities |  | 85,766 |  |  | 75,579 |  |  |  |
Cash due to promoters |  | 72,577 |  |  | 73,611 |  |  |  |
Capital expenditure accruals |  | 156,234 |  |  | 236,593 |  |  |  |
Accrued legal fees |  | 20,876 |  |  | 53,857 |  |  |  |
Other accrued expenses |  | 62,759 |  |  | 36,437 |  |  |  |
Total accounts payable, accrued, and other current liabilities |  | $ | 417,087 |  |  | $ | 515,731 |  |  |  |
Other income (expense), net for Fiscal Years 2024, 2023 and 2022 included the following:
|  | Years Ended June 30,
|  | 2024 |  | 2023 |  | 2022
Realized and unrealized (loss) gain on MSGE Retained Interest, see Note 7 for further detail |  | $ | (19,027) |  |  | $ | 545,715 |  |  | $ | — |
Gain on litigation settlement |  | 62,647 |  |  | — |  |  | — |
Unrealized gain on equity investments without readily determinable fair value |  | — |  |  | 1,969 |  |  | — |
Loss on equity method investments |  | (6,677) |  |  | (8,184) |  |  | (4,863) |
Other |  | (1,746) |  |  | (2,613) |  |  | (655) |
Total other income (expense), net |  | $ | 35,197 |  |  | $ | 536,887 |  |  | $ | (5,518) |

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