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Restructuring
6 Months Ended
Dec. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring RESTRUCTURING
On December 5, 2023, the Company announced a restructuring plan (Restructuring Plan) intended to right-size our organization, enhance profitability, and reallocate resources towards the most impactful initiatives. The Restructuring Plan included a reduction of the Company's global workforce and closure of its office in Sydney, Australia. The Company incurred the majority of the charges relating to the Restructuring Plan in the three months ended December 31, 2023. The Company expects the Restructuring Plan to be substantially completed by June 30, 2024, subject to local law and consultation requirements.
During the three and six months ended December 31, 2023, the Company recorded restructuring expenses of $25.1 million, which includes $3.4 million of stock-based compensation expense, as a separate line item in the accompanying condensed consolidated statements of operations. The following table summarizes the restructuring liability that is included in other accruals and current liabilities and accounts payable on the accompanying condensed consolidated balance sheets:
Severance and termination benefits
Contract termination
Other
Total restructuring liability
Balance, at June 30, 2023$— $— $— $— 
Charges20,975 343 417 21,735 
Cash payments(8,239)(72)— (8,311)
Balance, at December 31, 2023$12,736 $271 $417 $13,424