Annual report pursuant to Section 13 and 15(d)

Courseware and Accreditation

v3.20.2
Courseware and Accreditation
12 Months Ended
Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Courseware and Accreditation Courseware and Accreditation
Courseware & accreditation costs capitalized were $13,851 for the year ended April 30, 2020 and $91,522 for the year ended April 30, 2019. As courseware and accreditation reach the end of its useful life, it is written off against the accumulated amortization. There is no expense impact for such write-offs.
Courseware and accreditation consisted of the following at April 30, 2020 and 2019:
April 30,
2020 2019
Courseware $ 287,813    $ 325,987   
Accreditation 59,350    57,100   
Accumulated amortization (235,706)   (221,157)  
Courseware and accreditation, net $ 111,457    $ 161,930   

Amortization expense of courseware and accreditation for the years ended April 30, 2020 and 2019:
Years Ended April 30,
2020 2019
Amortization expense $ 64,324    $ 67,751   
The following is a schedule of estimated future amortization expense of courseware and accreditation at April 30, 2020:
Year Ending April 30,
2021 $ 40,454   
2022 31,935   
2023 26,116   
2024 11,743   
Thereafter 1,209   
Total $ 111,457