Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation (Tables)

v3.10.0.1
Courseware and Accreditation (Tables) - Courseware [Member]
6 Months Ended
Oct. 31, 2018
Finite-Lived Intangible Assets [Line Items]  
Schedule of Intangible Asset

Courseware consisted of the following at October 31, 2018 and April 30, 2018:


 

 

October 31,

 

 

April 30,

 

 

 

2018

 

 

2018

 

Courseware

 

$

325,286

 

 

$

298,064

 

Accreditation

 

 

57,100

 

 

 

—

 

Accumulated amortization

 

 

(189,734

)

 

 

(159,905

)

Courseware, net

 

$

192,652

 

 

$

138,159

 

Schedule of Amortization Expense of Intangible Assets

Amortization expense of courseware for the three and six months ended October 31, 2018 and 2017:


 

 

For the

 

 

 

For the

 

 

 

Three Months Ended

October 31,

 

 

 

Six Months Ended

October 31,

 

 

 

2018

 

 

2017

 

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization Expense

 

$

15,960

 

 

$

13,686

 

 

 

$

31,331

 

 

$

27,323

 

Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of courseware at October 31, 2018:


Year Ending April 30,

 

 

 

2019

 

$

36,070

 

2020

 

 

62,470

 

2021

 

 

35,505

 

2022

 

 

27,632

 

2023

 

 

22,079

 

Thereafter

 

 

8,896

 

Total

 

$

192,652