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Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation

v3.20.4
Courseware and Accreditation
9 Months Ended
Jan. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Courseware and Accreditation Courseware and Accreditation
For the nine months ended JanuaryÌý31, 2021, additional courseware and accreditation costs capitalized were $31,330. As courseware and accreditation reach the end of their useful life, they are written off against the accumulated amortization. There is no expense impact for such write-offs.
Courseware and accreditation consisted of the following:
January 31,
2021
April 30,
2020
Courseware $ 319,144Ìý $ 287,813Ìý
Accreditation 59,350Ìý 59,350Ìý
378,494Ìý 347,163Ìý
Accumulated amortization (268,425) (235,706)
Courseware and accreditation, net $ 110,069Ìý $ 111,457Ìý
Amortization expense of courseware and accreditation is as follows:
Three Months Ended January 31, Nine Months Ended January 31,
2021 2020 2021 2020
Amortization expense $ 10,255Ìý $ 15,637Ìý $ 32,718Ìý $ 53,415Ìý
The following is a schedule of estimated future amortization expense of courseware and accreditation at JanuaryÌý31, 2021 (by fiscal year):
Future Expense
2021 (remaining) $ 9,536Ìý
2022 36,940Ìý
2023 31,415Ìý
2024 17,868Ìý
2025 6,780Ìý
Thereafter 7,530Ìý
Total $ 110,069Ìý