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Annual report pursuant to Section 13 and 15(d)

Courseware and Accreditation (Tables)

v3.20.2
Courseware and Accreditation (Tables)
 12 Months Ended
Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Schedule of Courseware, Net
Software consisted of the following at AprilÌý30, 2020 and 2019:
April 30,
2020 2019
Software
 $ 6,162,770Ìý Ìý $ 4,314,198Ìý Ìý
Accumulated amortization (2,049,809) Ìý (1,351,193) Ìý
Software, net
 $ 4,112,961Ìý Ìý $ 2,963,005Ìý Ìý
Courseware and accreditation consisted of the following at AprilÌý30, 2020 and 2019:
April 30,
2020 2019
Courseware $ 287,813Ìý Ìý $ 325,987Ìý Ìý
Accreditation 59,350Ìý Ìý 57,100Ìý Ìý
Accumulated amortization (235,706) Ìý (221,157) Ìý
Courseware and accreditation, net $ 111,457Ìý Ìý $ 161,930Ìý Ìý
Schedule of Amortization Expense of Intangible Assets
Amortization expense of courseware and accreditation for the years ended AprilÌý30, 2020 and 2019:
Years Ended April 30,
2020 2019
Amortization expense $ 64,324Ìý Ìý $ 67,751Ìý Ìý
Schedule of Estimated Future Amortization Expense of Software The following is a schedule of estimated future amortization expense of software at AprilÌý30, 2020:
Year Ending April 30,
2021 $ 1,203,497Ìý Ìý
2022 1,109,903Ìý Ìý
2023 942,271Ìý Ìý
2024 639,618Ìý Ìý
Thereafter 217,672Ìý Ìý
Total $ 4,112,961Ìý Ìý
The following is a schedule of estimated future amortization expense of courseware and accreditation at AprilÌý30, 2020:
Year Ending April 30,
2021 $ 40,454Ìý Ìý
2022 31,935Ìý Ìý
2023 26,116Ìý Ìý
2024 11,743Ìý Ìý
Thereafter 1,209Ìý Ìý
Total $ 111,457Ìý Ìý