Aspen Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation

Courseware and Accreditation

3 Months Ended

Jul. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

As courseware and accreditation reach the end of their useful life, they are written off against the accumulated amortization. There was no expense impact for such write-offs for the three months ended July 31, 2022 and 2021.

Courseware and accreditation consisted of the following:


	July 31, 2022		April 30, 2022
Courseware	$	599,283	$	575,283
Accreditation	59,350		59,350
	658,633		634,633
Accumulated amortization	(391,107)		(360,586)
Courseware and accreditation, net	$	267,526	$	274,047

Amortization expense for courseware and accreditation is summarized below:


	Three Months Ended July 31,
	2022		2021
Courseware and accreditation amortization expense	$	22,020	$	15,948

Amortization expense is included in "Depreciation and amortization" in the unaudited consolidated statements of operations.