Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation (Tables)

v3.19.2
Courseware and Accreditation (Tables) - Courseware [Member]
3 Months Ended
Jul. 31, 2019
Finite-Lived Intangible Assets [Line Items]  
Schedule of Intangible Asset

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


 

 

July 31,

2019

 

 

April 30,

2019

 

Courseware

 

$

324,512

 

 

$

325,987

 

Accreditation

 

 

57,850

 

 

 

57,100

 

Accumulated amortization

 

 

(237,299

)

 

 

(221,157)

 

Courseware, net

 

$

145,063

 

 

$

161,930

 

Schedule of Amortization Expense of Intangible Assets

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


 

 

 

 

 

Three Months Ended

July 31,

 

 

 

 

 

 

 

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

 

 

 

 

 

 

 

$

19,142

 

 

$

15,371

 

Schedule of Estimated Future Amortization Expense

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


Year Ending July 31,

 

Future Expense

 

2020

 

$

44,847

 

2021

 

 

37,100

 

2022

 

 

29,213

 

2023

 

 

23,673

 

2024

 

 

10,171

 

Thereafter

 

 

59

 

Total

 

$

145,063