INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2022

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The domestic and foreign components of our loss before income taxes is as follows:

	Fiscal Year Ended June 30,
	2022		2021		2020
U.S.	$	(140,021)	$	(94,223)	$	(87,485)
Foreign	1,430		929		—
Loss before income taxes	$	(138,591)	$	(93,294)	$	(87,485)

Schedule of Components of Income Tax Expense (Benefit)

The components of the Company’s income tax benefit for the following periods are as follows:

	Fiscal Year Ended June 30,
	2022		2021		2020
Federal:
Current provision	$	1	$	9	$	—
Deferred benefit	(29,547)		(18,570)		(16,950)
Federal tax benefit	(29,546)		(18,561)		(16,950)
State:
Current provision (benefit)	51		140		(1)
Deferred benefit	(1,344)		(2,655)		(3,231)
State tax benefit	(1,293)		(2,515)		(3,232)
Foreign:
Current provision	314		61		—
Deferred (benefit) provision	(49)		203		—
Foreign tax provision	265		264		—
Total tax benefit	$	(30,574)	$	(20,812)	$	(20,182)

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and deferred tax liabilities are as follows:

	June 30, 2022		June 30, 2021
Deferred tax assets:
Stock-based compensation	$	4,497	$	—
Accrued expenses	2,360		1,849
Net operating loss carryforwards	56,089		43,009
Deferred rent	1,093		1,277
Deferred revenue	4,023		4,204
Unrealized gain (loss)	618		(245)
Tax credits	8,457		3,724
Other items	1,279		1,177
Total deferred tax assets	78,416		54,995
Valuation allowance	(744)		(117)
Net deferred tax assets	77,672		54,878
Deferred tax liabilities:
Software development costs	(9,718)		(7,514)
Deferred contract costs	(39,786)		(27,694)
Property and equipment	(3,432)		(4,883)
Other intangibles	(56,530)		(78,171)
Other	(101)		(302)
Total deferred liabilities	(109,567)		(118,564)
Net deferred tax liabilities	$	(31,895)	$	(63,686)

Schedule of Unrecognized Tax Benefits Roll Forward

	June 30, 2022
Unrecognized tax benefits at the beginning of the year	$	—
Additions for tax positions	97
Additions for tax positions of prior periods	284
Unrecognized tax benefits at the end of the year	$	381

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate for the following periods is presented below:

	Fiscal Year Ended June 30,
	2022		2021		2020
Federal statutory rate	21.0	%	21.0	%	21.0	%
Research tax credits	3.6	%	—	%	—	%
State income taxes, net of federal tax benefit	1.7	%	2.7	%	2.9	%
Stock-based compensation	(4.6	%)	(0.9	%)	(1.3	%)
Transaction costs	2.2	%	—	%	—	%
Other permanent differences	(1.4	%)	(0.5	%)	(0.2	%)
Valuation allowance	(0.4	%)	—	%	0.7	%
Effective income tax rate	22.1	%	22.3	%	23.1	%