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Stock-based Compensation (Tables) | 12 Months Ended
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Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Schedule of stock-based compensation expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended June 30,
​ |  | 2021 |  | 2020
​ | ​ | in thousands
​ | ​ | ​ | ​ | ​ | ​ | ​
Stock options (a) | ​ | $ | 45,387 | ​ | $ | 543
Profits interests units | ​ |  | 1,629 | ​ |  | —
Restricted stock units | ​ | ​ | 35 | ​ | ​ | —
Total stock-based compensation expense | ​ | $ | 47,051 | ​ | $ | 543
​
| (a) | The amount for 2021 relates to stock-based compensation expense recognized as a result of the Cancellation Agreement transaction, as defined and described below.
Summary of weighted-average assumptions | ​
​ | ​ | ​ | ​ | ​
​ |  | 2020
Expected volatility | ​ | ​ | 34.9% - 39.3 | %
Expected life (years) | ​ | ​ | 5.8 - 6.2 | ​
Interest rate |  | ​ | 0.51% - 1.8 | %
Dividend yield |  | ​ | — | %
Weighted-average fair value | ​ | $ | 0.48 | ​
Fair value of underlying stock | ​ | $ | 4.82 | ​
Summary of stock option activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Weighted |  | Average
​ | ​ | Number of | ​ | Option | ​ | average | ​ | remaining
Time-based option awards | ​ | options | ​ | price range | ​ | exercise price | ​ | term (in years)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Outstanding balance, June 30, 2020 |  | 8,497,488 | ​ | $1.00 - $2.35 | ​ | $ | 1.26 |  | 6.76
Canceled |  | (8,497,488) | ​ | $1.00 - $2.35 | ​ | $ | 1.26 |  | 6.76
Outstanding balance, June 30, 2021 |  | — | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted |  | Average
​ | ​ | Number of | ​ | average | ​ | remaining
Performance-based option awards | ​ | options | ​ | exercise price | ​ | term (in years)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Outstanding balance, June 30, 2020 |  | 8,497,488 | ​ | $ | 0.78 |  | 6.76
Canceled |  | (8,497,488) | ​ | $ | 0.78 |  | 6.76
Outstanding balance, June 30, 2021 |  | — | ​ |  | ​ |  | ​
Summary of profits interests transactions and number of units outstanding | ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  |  | ​
​ | ​ | Number of | ​ | Weighted average
Time-based unit awards | ​ | units | ​ | grant date fair value
​ | ​ | ​ | ​ | ​ | ​
Outstanding balance, June 30, 2020 |  | — | ​ | $ | —
Granted | ​ | 6,686,568 | ​ | $ | 1.28
Forfeited |  | (99,307) | ​ | $ | 1.17
Outstanding balance, June 30, 2021 |  | 6,587,261 | ​ | $ | 1.28
​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Number of | ​ | Weighted average
Performance-based unit awards | ​ | units | ​ | grant date fair value
​ | ​ | ​ | ​ | ​ | ​
Outstanding balance, June 30, 2020 |  | — | ​ | $ | —
Granted | ​ | 6,322,569 | ​ | $ | 0.57
Forfeited |  | (99,307) | ​ | $ | 0.44
Outstanding balance, June 30, 2021 |  | 6,223,262 | ​ | $ | 0.57
Summary of restricted stock units activity | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Weighted
​ |  | ​ |  | ​ | average
​ | ​ | Number of | ​ | ​ | grant-date fair
Restricted stock units | ​ | awards | ​ | ​ | value per share
​ | ​ | ​ | ​ | ​ | ​
Outstanding balance, June 30, 2020 |  | — | ​ | $ | —
Granted |  | 48,470 | ​ | $ | 22.87
Outstanding balance, June 30, 2021 |  | 48,470 | ​ | $ | 22.87
2020 Equity Incentive Plan |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Summary of weighted-average assumptions | ​
​ | ​ | ​ | ​ | ​
​ |  | 2021
Expected volatility | ​ | ​ | 44 | %
Expected life (years) - time vesting units | ​ | ​ | 1.8 | ​
Interest rate |  | ​ | 0.16 | %
Dividend yield |  | ​ | — | %
Weighted-average fair value | ​ | $ | 1.28 | ​
Fair value of underlying stock | ​ | $ | 5.49 | ​

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- Definition Tabular disclosure of activity for outstanding award under share-based payment arrangement excluding share and unit options and nonvested award. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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