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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] Ìý
Courseware and Accreditation Courseware and AccreditationFor the six months ended OctoberÌý31, 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 $ 299,188Ìý $ 287,813Ìý
Accreditation 59,350Ìý 59,350Ìý
Accumulated amortization (258,169) (235,706)
Courseware and accreditation, net $ 100,369Ìý $ 111,457Ìý
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 $ 10,516Ìý $ 16,917Ìý $ 22,463Ìý $ 36,059Ìý
The following is a schedule of estimated future amortization expense of courseware and accreditation at OctoberÌý31, 2020 (by fiscal year):
Future Expense
2021 (remaining) $ 18,629Ìý
2022 33,805Ìý
2023 28,280Ìý
2024 14,733Ìý
2025 3,645Ìý
Thereafter 1,277Ìý
Total $ 100,369Ìý