Annual report pursuant to Section 13 and 15(d)

Courseware and Accreditation (Tables)

v3.21.2
Courseware and Accreditation (Tables)
 12 Months Ended
Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Courseware, Net
Software consisted of the following at April 30, 2021 and 2020:
April 30,
2021 2020
Software
 $ 8,488,635  $ 6,162,770 
Accumulated amortization (3,444,325) (2,049,809)
Software, net
 $ 5,044,310  $ 4,112,961 
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 
Schedule of Amortization Expense of Intangible Assets
Amortization expense of courseware and accreditation is as follows:
Years Ended April 30,
2021 2020
Courseware and accreditation amortization expense $ 44,709  $ 64,324 
Schedule of Estimated Future Amortization Expense of Software
The following is a schedule of estimated future amortization expense of software at April 30, 2021 (by fiscal year):
Future Expense
2022 $ 1,562,515 
2023 1,401,634 
2024 1,111,974 
2025 707,172 
2026 251,568 
Thereafter 9,447 
Total $ 5,044,310 
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