CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 1,039.5	$ 697.6
Accounts receivable, net	101.2	103.6
Inventories, net	205.6	329.7
Prepaid expenses and other current assets	91.3	135.1
Total current assets	1,437.6	1,266.0
Property and equipment, net	239.0	353.7
Intangible assets, net	5.6	15.0
Goodwill	41.2	41.2
Restricted cash	46.2	53.2
Operating lease right-of-use assets, net	338.9	435.0
Other assets	16.8	21.0
Total assets	2,125.3	2,185.2
Current liabilities:
Accounts payable and accrued expenses	372.7	432.3
Deferred revenue and customer deposits	150.7	163.7
Current portion of debt	208.5	10.0
Operating lease liabilities, current	70.1	75.3
Other current liabilities	2.0	3.9
Total current liabilities	803.9	685.2
Convertible senior notes, net of current portion	343.6	540.0
Term loan, net of current portion	946.9	950.1
Operating lease liabilities, non-current	407.5	503.3
Other non-current liabilities	37.2	25.7
Total liabilities	2,539.1	2,704.3
Commitments and contingencies (Note 12)
Stockholders’ deficit
Common stock, $0.000025 par value; 2,500,000,000 and 2,500,000,000 shares of Class A common stock authorized, 390,579,270 and 358,120,105 shares of Class A common stock issued and outstanding as of June 30, 2025 and June 30, 2024, respectively; 2,500,000,000 and 2,500,000,000 shares of Class B common stock authorized, 15,837,270 and 18,141,608 shares of Class B common stock issued and outstanding as of June 30, 2025 and June 30, 2024, respectively.	0.0	0.0
Additional paid-in capital	5,183.8	4,948.6
Accumulated other comprehensive income	5.1	15.9
Accumulated deficit	(5,602.6)	(5,483.7)
Total stockholders’ deficit	(413.8)	(519.1)
Total liabilities and stockholders’ deficit	$ 2,125.3	$ 2,185.2