벎떨APP눈첵 Group, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Courseware

Courseware

12 Months Ended

Apr. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Note 6. Courseware

Courseware costs capitalized were $8,800 and $90,624 for the years ended April 30, 2017 and 2016 respectively. During September 2015, $1,970,670 of fully amortized courseware was written off against the accumulated amortization. In subsequent periods, certain other fully expired courseware has been written off in the same way. There is no expense impact for such write-offs.

Courseware consisted of the following at April 30, 2017 and April 30, 2016:


	April 30,			April 30,
	2017			2016
Courseware	$	271,777		$	319,267
Accumulated amortization		(126,300	)		(124,335	)
Courseware, net	$	145,477		$	194,932

Amortization expense of courseware for the years ended April 30, 2017 and 2016:


	For the
	Years Ended April 30,
	2017		2016

Amortization Expense	$	58,254	$	69,003

The following is a schedule of estimated future amortization expense of courseware at April 30, 2017:


Year Ending April 30,
2018	$	50,942
2019		49,469
2020		35,627
2021		8,663
2022		776
Total	$	145,477