Stock Benefit Plans (Tables)

9 Months Ended

Mar. 31, 2024

Employee Stock Option [Member]

Schedule of Weighted Average Assumptions

The Company estimates the fair value of stock options at the date of grant using the Black-Scholes option-pricing model. Options are granted with an exercise price equal to the closing price of the Company’s common stock on the date of grant. The weighted-average Black-Scholes model assumptions for the three and nine months ended March 31, 2024 and 2023 were as follows:

	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2024			2023			2024			2023
Expected term (in years)		3.5			3.5			3.5			3.5
Expected volatility		50	%		54	%		53	%		55	%
Expected dividend yield		—			—			—			—
Risk-free interest rate		4.1	%		3.9	%		4.5	%		3.7	%
Grant date fair value	$	6.09		$	7.28		$	4.85		$	6.11

Employee Stock Purchase Plan [Member]

Schedule of Fair Value of Purchase Rights

The fair value of the purchase rights for the ESPP are estimated on the date of grant using the Black-Scholes model with the following assumptions:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
Expected term (in years)	0.5 - 2.0		0.5 - 2.0		0.5 - 2.0		0.5 - 2.0
Expected volatility	48% - 58%		50% - 55%		48% - 64%		48% - 57%
Expected dividend yield		—		—		—		—
Risk-free interest rate	4.5% - 5.5%		4.5% - 5.0%		0.3% - 5.5%		2.9% - 5.0%
Grant date fair value	$2.97 - $6.73		$5.40 - $8.11		$2.97 - $8.11		$3.77 - $8.11