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Shareholders' Equity and Share-based Compensation (Tables) | 9 Months Ended
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Mar. 31, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Restricted Stock Units Activity | Time-based Restric ted Stock Units (“TRSUs”) The following table summarizes the Company’ TRSU activities for the nine months ended March 31, 2025:
| Number of Time-based Restricted Stock Units |  | Weighted Average Grant Date Fair Value Per Share |  | Weighted Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value
Nonvested at June 30, 2024 | 1,469,135 |  |  | $ | 29.13 |  |  | 1.66 |  | $ | 54,901,575 |
Granted | 614,488 |  |  | $ | 29.82 |  |  |  |  |
Vested | (522,441) |  |  | $ | 31.54 |  |  |  |  |
Forfeited | (52,233) |  |  | $ | 28.39 |  |  |  |  |
Nonvested at March 31, 2025 | 1,508,949 |  |  | $ | 28.61 |  |  | 1.82 |  | $ | 37,512,472 |
The following table summarizes the Company’s PRSUs activities for the nine months ended March 31, 2025:
| Number of Performance-based Restricted Stock Units |  | Weighted Average Grant Date Fair Value Per Share |  | Weighted Average Remaining Contractual Term (Years) |  | Aggregate Intrinsic Value
Nonvested at June 30, 2024 | 344,125 |  |  | $ | 30.69 |  |  | 1.73 |  | $ | 12,859,951 |
Granted | 209,750 |  |  | $ | 27.61 |  |  |  |  |
Vested | (133,910) |  |  | $ | 33.60 |  |  |  |  |
Forfeited | (10,402) |  |  | $ | 48.65 |  |  |  |  |
Nonvested at March 31, 2025 | 409,563 |  |  | $ | 27.71 |  |  | 2.10 |  | $ | 10,181,736 |
Summary of Stock Option Activities | The following table summarizes the Company’s stock option activities for the nine months ended March 31, 2025:
|  |  |  |  |  |  | Weighted |  |
|  |  | Weighted |  |  |  | Average |  |
|  |  | Average |  |  |  | Remaining |  |
| Number of |  | Exercise Price |  |  |  | Contractual |  | Aggregate
| Shares |  | Per Share |  |  |  | Term (in years) |  | Intrinsic Value
Outstanding at June 30, 2024 | 10,000 |  |  | $ | 9.07 |  |  |  |  | 0.13 |  | $ | 283,000 |
Exercised | (10,000) |  |  | $ | 9.07 |  |  |  |  |  |  | $ | 265,267 |
Outstanding at March 31, 2025 | 0 |  |  | $ | 0.00 |  |  |  |  | 0.00 |  | $ | 0.00 |
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions | The assumptions used to estimate the fair values of common shares issued under the ESPP were as follows:
| Nine Months Ended March 31,
| 2025 |  |
Volatility rate | 54.1% |  |
Risk-free interest rate | 4.4% |  |
Expected term | 1.3 years |  |
Dividend yield | 0% |  |
Share-based Compensation, Allocation of Recognized Period Costs | Share-based Compensation Expense The total share-based compensation expense recognized in the Condensed Consolidated Statements of Loss for the periods presented was as follows:
| Three Months Ended March 31, |  | Nine Months Ended March 31,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in thousands) |  | (in thousands)
Cost of goods sold | $ | 1,047 |  |  | $ | 1,424 |  |  | $ | 3,185 |  |  | $ | 3,140 |
Research and development | 1,890 |  |  | 2,163 |  |  | 6,018 |  |  | 4,586 |
Selling, general and administrative | 4,199 |  |  | 4,878 |  |  | 12,785 |  |  | 10,348 |
| $ | 7,136 |  |  | $ | 8,465 |  |  | $ | 21,988 |  |  | $ | 18,074 |

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