Annual report pursuant to Section 13 and 15(d)

Courseware and Accreditation

v3.21.2
Courseware and Accreditation
12 Months Ended
Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Courseware and Accreditation Courseware and Accreditation
For the years ended April 30, 2021 and 2020, additional courseware and accreditation costs capitalized was $120,408 and $13,851, respectively. As courseware and accreditation reach the end of its useful life, they are written off against the accumulated amortization. There is no expense impact for such write-offs.
Courseware and accreditation consisted of the following:
April 30,
2021 2020
Courseware $ 408,222  $ 287,813 
Accreditation 59,350  59,350 
467,572  347,163 
Accumulated amortization (280,276) (235,706)
Courseware and accreditation, net $ 187,296  $ 111,457 
Amortization expense of courseware and accreditation is as follows:
Years Ended April 30,
2021 2020
Courseware and accreditation amortization expense $ 44,709  $ 64,324 
The following is a schedule of estimated future amortization expense of courseware and accreditation at April 30, 2021 (by fiscal year):
Future Expense
2022 $ 55,612 
2023 50,087 
2024 36,540 
2025 25,452 
2026 18,977 
Thereafter 628 
Total $ 187,296