The following table sets forth the Company’s financial instruments as of March 31, 2025 and June 30, 2024, which are measured at fair value on a recurring basis by level within the fair value hierarchy. These are classified based on the lowest level of input that is significant to the fair value measurement (in thousands):


March 31, 2025	Level 1		Level 2		Level 3		Asset at Fair Value
Assets
Money market funds (1)	$	289	$	—	$	—	$	289
Certificates of deposit	—		479		—		479
Investment in marketable equity security	3,482		—		—		3,482
Auction rate security	—		—		1,829		1,829
Total assets measured at fair value	$	3,771	$	479	$	1,829	$	6,079


June 30, 2024	Level 1		Level 2		Level 3		Asset at Fair Value
Assets
Money market funds (1)	$	340	$	—	$	—	$	340
Certificates of deposit	—		486		—		486
Investment in marketable equity security	3,686		—		—		3,686
Auction rate security	—		—		1,829		1,829
Total assets measured at fair value	$	4,026	$	486	$	1,829	$	6,341

(1) $0.1 million and $0.1 million in money market funds are included in Cash and cash equivalents and $0.2 million and $0.2 million in money market funds are included in Restricted cash, non-current in Other assets in the condensed consolidated balance sheets as of March 31, 2025 and June 30, 2024, respectively.