Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation

v3.20.4
Courseware and Accreditation
6 Months Ended
Oct. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Courseware and Accreditation Courseware and AccreditationFor the six months ended October 31, 2020, additional courseware and accreditation costs capitalized were $11,375. As courseware and accreditation reach the end of their 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:
October 31,
2020
April 30,
2020
Courseware $ 299,188  $ 287,813 
Accreditation 59,350  59,350 
Accumulated amortization (258,169) (235,706)
Courseware and accreditation, net $ 100,369  $ 111,457 
Amortization expense of courseware and accreditation is as follows:
Three Months Ended
October 31,
Six Months Ended
October 31,
2020 2019 2020 2019
Amortization expense $ 10,516  $ 16,917  $ 22,463  $ 36,059 
The following is a schedule of estimated future amortization expense of courseware and accreditation at October 31, 2020 (by fiscal year):
Future Expense
2021 (remaining) $ 18,629 
2022 33,805 
2023 28,280 
2024 14,733 
2025 3,645 
Thereafter 1,277 
Total $ 100,369