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Income Taxes
 6 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Effective Tax Rate
During the three and six months ended December 31, 2024, our effective tax rates were (0.3%) and (0.1)%, respectively. During the three and six months ended December 31, 2023 our effective tax rates were zero. The effective tax rates during fiscal 2025 were impacted by valuation allowances of $1.8 million and $3.1 million, respectively, placed on deferred tax assets
generated during the three and six months ended December 31, 2024. The effective tax rates during fiscal 2024 were impacted by valuation allowances of $1.2 million and $1.4 million, respectively, placed on deferred tax assets during the three and six months ended December 31, 2023.
Valuation Allowance
We placed a valuation allowance on our deferred tax assets in fiscal 2022 due to the existence of a cumulative loss over a three-year period. Currently, we place valuation allowances on newly generated deferred tax assets and will realize the benefit associated with the deferred tax assets for which the valuation allowance has been provided as we generate taxable income.