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Shareholders' Equity and Share-based Compensation (Tables)
3 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Stock Units Activity
Time-based Restricted Stock Units (TRSUs)

The following table summarizes the Company’ TRSU activities for the three months ended September 30, 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, 20251,491,926 $28.50 1.66$38,282,821 
Granted92,084 $27.93 
Vested(59,873)$33.09 
Forfeited(32,165)$26.77 
Nonvested at September 30, 20251,491,972 $28.31 1.52$41,715,537 
The following table summarizes the Company’s PRSUs activities for the three months ended September 30, 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, 2025409,563 $27.71 1.85$10,509,387 
Nonvested at September 30, 2025409,563 $27.71 1.59$11,451,381 
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:
Three Months Ended September 30,
2025
Volatility rate71.0%
Risk-free interest rate4.1%
Expected term1.3 years
Dividend yield—%
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 September 30,
20252024
(in thousands)
Cost of goods sold$1,065 $1,015 
Research and development1,859 1,935 
Selling, general and administrative4,208 3,952 
$7,132 $6,902