Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation

v3.19.3.a.u2
Courseware and Accreditation
6 Months Ended
Oct. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Courseware and Accreditation Courseware and Accreditation
Courseware costs capitalized were $7,325 for the six months ended October 31, 2019 and $34,422 for the year ended April 30, 2019. As courseware reaches the end of its useful life, it is written off against the accumulated amortization. There is no expense impact for such write-offs.
Courseware consisted of the following at October 31, 2019 and April 30, 2019:
October 31,
2019
April 30,
2019
Courseware $ 283,538    $ 325,987   
Accreditation 59,350    57,100   
Accumulated amortization (207,442)   (221,157)  
Courseware, net $ 135,446    $ 161,930   
The Company had capitalized accreditation costs of $2,250 and $57,100 for the six months ended October 31, 2019 and year ended April 30, 2019, respectively.
Amortization expense of courseware for the three and six months ended October 31, 2019 and 2018:
Three Months Ended
October 31,
Six Months Ended
October 31,
2019 2018 2019 2018
Amortization expense $ 16,917    $ 15,960    $ 36,059    $ 31,331   
The following is a schedule of estimated future amortization expense of courseware at October 31, 2019:
Future Expense
2020 (remaining) $ 28,824   
2021 38,560   
2022 30,673   
2023 25,133   
2024 12,256   
Thereafter —   
Total $ 135,446