Investments (Tables)

3 Months Ended

Sep. 30, 2024

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investments

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

Measurement category	September 30, 2024		June 30, 2024
Fair value	$	16,216	$	12,026
Measurement alternative	65,784		73,739
Equity method	69,287		65,462
Total	$	151,287	$	151,227

Schedule of Changes in Equity Investments

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

	Three Months Ended September 30, 2024
	Non-marketable securities		Marketable securities		Equity method investments		Total
Balance at the beginning of the period	$	73,739	$	12,026	$	65,462	$	151,227
Additions to investments	1,000		—		350		1,350
Proceeds from exits of investments	(4,128)		—		—		(4,128)
Realized gains on marketable and non-marketable equity securities	389		—		—		389
Impairment of investments	(5,259)		—		—		(5,259)
Unrealized gains on marketable equity securities	—		4,190		—		4,190
Gain attributable to equity method investments	—		—		963		963
Foreign currency translation adjustments	43		—		2,512		2,555
Carrying value at the end of the period	$	65,784	$	16,216	$	69,287	$	151,287

	Three Months Ended September 30, 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	1,180		—		2,500		3,680
Proceeds from exits of investments	(250)		—		—		(250)
Unrealized losses on marketable equity securities	—		(602)		—		(602)
Loss attributable to equity method investments	—		—		(3,895)		(3,895)
Foreign currency translation adjustments	—		—		(1,810)		(1,810)
Carrying value at the end of the period	$	69,678	$	11,821	$	62,161	$	143,660