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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 1,223,724 $ 573,643
Short-term investments 512,520 123,974
Accounts receivable, net 9,584 4,252
Unbilled revenue 7,865 6,549
Prepaid expenses and other current assets 18,268 26,781
Funds held for customers 1,929,840 1,644,250
Total current assets 3,701,801 2,379,449
Non-current assets:    
Operating lease right-of-use assets 44,125  
Property and equipment, net 31,740 13,866
Other assets 22,499 10,700
Total assets 3,800,165 2,404,015
Current liabilities:    
Accounts payable 4,320 3,478
Accrued compensation and benefits 11,632 12,387
Other accrued and current liabilities 9,281 8,541
Deferred revenue 8,371 5,891
Line of credit borrowings   2,300
Operating lease liabilities 6,388  
Customer fund deposits 1,929,840 1,644,250
Total current liabilities 1,969,832 1,676,847
Non-current liabilities:    
Deferred revenue 3,066 2,622
Operating lease liabilities 53,644  
Convertible senior notes, net 897,871  
Deferred income tax liability 1,832  
Other long-term liabilities 3,459 13,827
Total liabilities 2,929,704 1,693,296
Commitments and contingencies
Stockholders' equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 1,076,255 857,044
Accumulated other comprehensive (loss) income (191) 2,420
Accumulated deficit (205,605) (148,747)
Total stockholders' equity 870,461 710,719
Total liabilities and stockholders' equity $ 3,800,165 $ 2,404,015