Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation (Tables)

v3.19.1
Courseware and Accreditation (Tables) - Courseware [Member]
 9 Months Ended
Jan. 31, 2019
Finite-Lived Intangible Assets [Line Items]  
Schedule of Intangible Asset

Courseware consisted of the following at January 31, 2019 and April 30, 2018:


 

 

January 31,

 

 

April 30,

 

 

 

2019

 

 

2018

 

Courseware

 

$

326,037

 

 

$

298,064

 

Accreditation

 

 

57,100

 

 

 

—

 

Accumulated amortization

 

 

(203,983

)

 

 

(159,905

)

Courseware, net

 

$

179,154

 

 

$

138,159

 
Schedule of Amortization Expense of Intangible Assets

Amortization expense of courseware for the three and nine months ended January 31, 2019 and 2018:


 

 

For the

 

 

For the

 

 

 

Three Months Ended

January 31,

 

 

Nine Months Ended

January 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization Expense

 

$

17,249

 

 

$

13,966

 

 

$

48,578

 

 

$

41,289

 
Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of courseware at January 31, 2019:


Year Ending April 30,

 

 

 

2019

 

$

19,110

 

2020

 

 

63,220

 

2021

 

 

36,255

 

2022

 

 

28,382

 

2023

 

 

22,829

 

Thereafter

 

 

9,358

 

Total

 

$

179,154