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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 853,470 $ 985,941
Short-term investments 619,596 601,535
Accounts receivable, net 31,934 28,049
Acquired card receivables, net of allowances of $24,868 and $20,883 as of September 30, 2024 and June 30, 2024, respectively 628,274 697,216
Prepaid expenses and other current assets 283,756 297,169
Funds held for customers 3,787,171 3,704,907
Total current assets 6,204,201 6,314,817
Non-current assets:    
Operating lease right-of-use assets, net 57,370 59,414
Property and equipment, net 90,016 88,034
Intangible assets, net 264,914 281,471
Goodwill 2,396,509 2,396,509
Other assets 32,051 38,568
Total assets 9,045,061 9,178,813
Current liabilities:    
Accounts payable 11,181 7,447
Accrued compensation and benefits 23,305 34,158
Deferred revenue 21,730 17,006
Other accruals and current liabilities 212,327 299,506
Customer fund deposits 3,787,171 3,704,907
Total current liabilities 4,055,714 4,063,024
Non-current liabilities:    
Deferred revenue 100 4,167
Operating lease liabilities 60,571 62,847
Borrowings from credit facilities, net 180,008 180,009
Convertible senior notes, net 734,814 733,991
Other long-term liabilities 609 574
Total liabilities 5,031,816 5,044,612
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock 2 2
Additional paid-in capital 5,293,869 5,233,037
Accumulated other comprehensive income (loss) 9,119 (1,890)
Accumulated deficit (1,289,745) (1,096,948)
Total stockholders' equity 4,013,245 4,134,201
Total liabilities and stockholders' equity $ 9,045,061 $ 9,178,813