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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 314,894 $ 90,306
Short-term investments 68,135 71,969
Accounts receivable, net 4,791 4,398
Unbilled revenue 5,909 4,795
Prepaid expenses and other current assets 15,768 12,326
Funds held for customers 1,491,763 1,329,306
Total current assets 1,901,260 1,513,100
Property and equipment, net 7,511 6,557
Other assets 6,353 6,641
Total assets 1,915,124 1,526,298
Current liabilities:    
Accounts payable 6,018 5,063
Accrued compensation and benefits 6,379 4,333
Other accrued and current liabilities 9,872 6,556
Redeemable convertible preferred stock warrant liabilities   688
Deferred revenue 4,274 3,469
Customer fund deposits 1,491,763 1,329,306
Total current liabilities 1,518,306 1,349,415
Deferred revenue, non-current 2,091 1,786
Other long-term liabilities 1,375 1,447
Total liabilities 1,521,772 1,352,648
Commitments and contingencies (Note 11)
Redeemable convertible preferred stock: none authorized, issued and outstanding at December 31, 2019; 106,090 shares authorized, and 52,435 shares issued and outstanding at June 30, 2019   276,307
Stockholders' equity (deficit):    
Preferred stock: $0.00001 par value per share; 10,000 shares authorized; none issued and outstanding
Common stock; $0.00001 par value per share; 500,000 and 169,300 shares authorized; 72,267 and 8,154 shares issued and outstanding at December 31, 2019 and June 30, 2019, respectively 2 1
Additional paid-in capital 524,260 14,672
Accumulated other comprehensive income 20 326
Accumulated deficit (130,930) (117,656)
Total stockholders' equity (deficit) 393,352 (102,657)
Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) $ 1,915,124 $ 1,526,298