Investments (Tables)

6 Months Ended

Dec. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investments

Equity investments by measurement category were as follows (in thousands):

Measurement category	December 31, 2023		June 30, 2023
Fair value	$	7,617	$	12,423
Measurement alternative	74,993		68,748
Equity method	66,088		65,366
Total	$	148,698	$	146,537

Schedule of Changes in Equity Investments

The following tables show a reconciliation of the changes in our equity investments (in thousands):

	Six Months Ended December 31, 2023
	Non-marketable securities		Marketable securities		Equity method investments		Total
Balance at the beginning of the period	$	68,748	$	12,423	$	65,366	$	146,537
Additions to investments	4,180		—		3,125		7,305
Observable price adjustments on non-marketable equity securities	2,315		—		—		2,315
Unrealized (gains) losses on marketable equity securities	—		(4,806)		—		(4,806)
Proceeds from exits of investments	(250)		—		—		(250)
Loss attributable to equity method investments	—		—		(3,156)		(3,156)
Foreign currency translation adjustments	—		—		753		753
Carrying value at the end of the period	$	74,993	$	7,617	$	66,088	$	148,698

	Six Months Ended December 31, 2022
	Non-marketable securities		Marketable securities		Equity method investments		Total
Balance at the beginning of the period	$	39,290	$	9,167	$	9,918	$	58,375
Additions to investments	17,132		—		57,233		74,365
Observable price adjustments on non-marketable equity securities	9,275		—		—		9,275
Unrealized losses on marketable equity securities	—		(4,187)		—		(4,187)
Loss attributable to equity method investments	—		—		(4,853)		(4,853)
Foreign currency translation adjustments	—		—		1,801		1,801
Carrying value at the end of the period	$	65,697	$	4,980	$	64,099	$	134,776