ÌÒÖ­Ó°Ôº

Quarterly report pursuant to Section 13 or 15(d)

Courseware and Accreditation

v3.20.1
Courseware and Accreditation
 9 Months Ended
Jan. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Courseware and Accreditation Courseware and Accreditation
Courseware costs capitalized were $11,001 for the nine months ended JanuaryÌý31, 2020 and $34,422 for the year ended AprilÌý30, 2019. As courseware reaches the end of its useful life, it is written off against the accumulated amortization. There is no expense impact for such write-offs.
Courseware consisted of the following at JanuaryÌý31, 2020 and AprilÌý30, 2019:
January 31,
2020		 April 30,
2019
Courseware $ 284,964Ìý Ìý $ 325,987Ìý Ìý
Accreditation 59,350Ìý Ìý 57,100Ìý Ìý
Accumulated amortization (223,079) Ìý (221,157) Ìý
Courseware, net $ 121,235Ìý Ìý $ 161,930Ìý Ìý
The Company had capitalized accreditation costs of $2,250 and $57,100 for the nine months ended JanuaryÌý31, 2020 and year ended AprilÌý30, 2019, respectively.
Amortization expense of courseware for the three and nine months ended JanuaryÌý31, 2020 and 2019:
Three Months Ended
January 31,		 Nine Months Ended
January 31,
2020 2019 2020 2019
Amortization expense $ 15,637Ìý Ìý $ 17,249Ìý Ìý $ 53,415Ìý Ìý $ 48,578Ìý Ìý
The following is a schedule of estimated future amortization expense of courseware at JanuaryÌý31, 2020:
Future Expense
2020 (remaining) $ 13,287Ìý Ìý
2021 38,845Ìý Ìý
2022 30,958Ìý Ìý
2023 25,419Ìý Ìý
2024 11,916Ìý Ìý
Thereafter 810Ìý Ìý
Total $ 121,235Ìý Ìý