Annual report pursuant to Section 13 and 15(d)

Courseware and Accreditation (Tables)

v3.20.2
Courseware and Accreditation (Tables)
12 Months Ended
Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Courseware, Net
Software consisted of the following at April 30, 2020 and 2019:
April 30,
2020 2019
Software
$ 6,162,770    $ 4,314,198   
Accumulated amortization (2,049,809)   (1,351,193)  
Software, net
$ 4,112,961    $ 2,963,005   
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   
Schedule of Amortization Expense of Intangible Assets
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   
Schedule of Estimated Future Amortization Expense of Software The following is a schedule of estimated future amortization expense of software at April 30, 2020:
Year Ending April 30,
2021 $ 1,203,497   
2022 1,109,903   
2023 942,271   
2024 639,618   
Thereafter 217,672   
Total $ 4,112,961   
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