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Annual report pursuant to Section 13 and 15(d)

Courseware and Accreditation

v3.21.2
Courseware and Accreditation
 12 Months Ended
Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] Ìý
Courseware and Accreditation Courseware and Accreditation
For the years ended AprilÌý30, 2021 and 2020, additional courseware and accreditation costs capitalized was $120,408 and $13,851, respectively. As courseware and accreditation reach the end of its 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:
April 30,
2021 2020
Courseware $ 408,222Ìý $ 287,813Ìý
Accreditation 59,350Ìý 59,350Ìý
467,572Ìý 347,163Ìý
Accumulated amortization (280,276) (235,706)
Courseware and accreditation, net $ 187,296Ìý $ 111,457Ìý
Amortization expense of courseware and accreditation is as follows:
Years Ended April 30,
2021 2020
Courseware and accreditation amortization expense $ 44,709Ìý $ 64,324Ìý
The following is a schedule of estimated future amortization expense of courseware and accreditation at AprilÌý30, 2021 (by fiscal year):
Future Expense
2022 $ 55,612Ìý
2023 50,087Ìý
2024 36,540Ìý
2025 25,452Ìý
2026 18,977Ìý
Thereafter 628Ìý
Total $ 187,296Ìý