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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 1,596,542 $ 509,615
Short-term investments 1,108,493 655,314
Accounts receivable, net 24,045 18,222
Acquired card receivables, net 256,392 147,093
Prepaid expenses and other current assets 151,258 67,195
Funds held for customers 3,142,660 2,208,598
Total current assets 6,279,390 3,606,037
Non-current assets:    
Operating lease right-of-use assets, net 76,445 71,925
Property and equipment, net 56,985 48,902
Intangible assets, net 432,583 417,341
Goodwill 2,362,893 1,772,043
Other assets 47,730 52,925
Total assets 9,256,026 5,969,173
Current liabilities:    
Accounts payable 9,948 11,904
Accrued compensation and benefits 29,004 20,287
Deferred revenue 31,868 12,848
Other accruals and current liabilities 120,080 72,022
Borrowings from credit facilities, net 75,097 0
Customer fund deposits 3,142,660 2,208,598
Total current liabilities 3,408,657 2,325,659
Non-current liabilities:    
Deferred revenue 2,159 2,926
Operating lease liabilities 82,728 86,639
Borrowings from credit facilities, net 0 79,534
Convertible senior notes, net 1,697,985 909,847
Other long-term liabilities 20,803 34,978
Total liabilities 5,212,332 3,439,583
Commitments and Contingencies
Stockholders' equity:    
Preferred stock: $0.00001 par value per share; 10,000 shares authorized; none issued and outstanding 0 0
Common stock; $0.00001 par value per share; 500,000 shares authorized; 104,731 and 94,504 shares issued and outstanding at June 30, 2022 and 2021, respectively 2 2
Additional paid-in capital 4,598,737 2,777,155
Accumulated other comprehensive loss (10,217) (100)
Accumulated deficit (544,828) (247,467)
Total stockholders' equity 4,043,694 2,529,590
Total liabilities and stockholders' equity $ 9,256,026 $ 5,969,173