Net Loss per Share (Tables)

9 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Net Loss per Share

The following table presents the calculation of basic and diluted net loss per share:

	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2024			2023			2024			2023
	(In thousands, except per share data)						(In thousands, except per share data)
Numerator:
Basic and Diluted:
Net loss	$	(7,048	)	$	(479	)	$	(29,167	)	$	(12,975	)
Denominator:
Basic:
Weighted-average shares of common stock used in computing basic net loss per share		55,065			53,950			54,764			53,668
Diluted:
Weighted average shares of common stock used in computing basic net loss per share		55,065			53,950			54,764			53,668
Weighted average effect of dilutive securities:
Stock options		—			—			—			—
Restricted stock units		—			—			—			—
Shares issuable related to the ESPP		—			—			—			—
Weighted average shares of common stock used in computing diluted net loss per share		55,065			53,950			54,764			53,668
Net loss per share:
Basic	$	(0.13	)	$	(0.01	)	$	(0.53	)	$	(0.24	)
Diluted (1)	$	(0.13	)	$	(0.01	)	$	(0.53	)	$	(0.24	)
Securities excluded from weighted-average shares used in computing diluted net loss per share because the effect would have been anti-dilutive (2)		4,539			4,307			4,543			4,302

(1)Diluted net loss per share does not reflect any potential common stock relating to stock options, restricted stock units, or shares issuable related to the ESPP due to net losses incurred during the three and nine months ended March 31, 2024 and 2023. The assumed issuance of any additional shares would be anti-dilutive.

(2)These weighted shares relate to anti-dilutive stock options, restricted stock units, and shares issuable related to the ESPP as calculated using the treasury stock method and could be dilutive in the future.