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Annual report pursuant to Section 13 and 15(d)

Courseware

v3.10.0.1
Courseware
12 Months Ended
Apr. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Courseware

Note 6. Courseware


Courseware costs capitalized were $48,388 and $8,800 for the years ended April 30, 2018 and 2017.  Fully expired courseware is written off against the accumulated amortization. There is no expense impact for such write-offs.


Courseware consisted of the following at April 30, 2018 and April 30, 2017:


 

 

April 30,

 

 

April 30,

 

 

 

2018

 

 

2017

 

Courseware

 

$

298,064

 

 

$

271,777

 

Accumulated amortization

 

 

(159,905

)

 

 

(126,300

)

Courseware, net

 

$

138,159

 

 

$

145,477

 


Amortization expense of courseware for the years ended April 30, 2018 and 2017:


 

 

 

 

 

For the

 

 

 

 

 

 

Years Ended

April 30,

 

 

 

 

 

 

 

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

 

 

 

 

 

 

 

$

55,706

 

 

$

58,254

 


The following is a schedule of estimated future amortization expense of courseware at April 30, 2018:


Year Ending April 30,

 

 

 

2019

 

$

59,146

 

2020

 

 

45,306

 

2021

 

 

18,340

 

2022

 

 

10,453

 

2023

 

 

4,914

 

Total

 

$

138,159