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Quarterly report pursuant to Section 13 or 15(d)

Courseware (Tables)

v3.7.0.1
Courseware (Tables) - Courseware [Member]
 9 Months Ended
Jan. 31, 2017
Finite-Lived Intangible Assets [Line Items]  
Schedule of Intangible Asset

Courseware consisted of the following at October 31, 2016 and April 30, 2016:


 

 

October 31,

 

 

April 30,

 

 

 

2016

 

 

2016

 

Courseware

 

$

318,297

 

 

$

319,267

 

Accumulated amortization

 

 

(147,816

)

 

 

(124,335

)

Courseware, net

 

$

170,481

 

 

$

194,932
Schedule of amortization expense of intangible assets

Amortization expense of courseware for the three and nine months ended January 31, 2017 and 2016:


 

 

For the

 

 

For the

 

 

 

Three Months Ended

January 31,

 

 

Nine Months Ended

January 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

$

13,663

 

 

$

16,513

 

 

$

44,664

 

 

$

53,304

 
Schedule of Estimated Future Amortization Expense

The following is a schedule of estimated future amortization expense of courseware at October 31, 2016:


Year Ending April 30,

 

 

 

2017

 

$

27,246

 

2018

 

 

50,492

 

2019

 

 

49,019

 

2020

 

 

35,177

 

2021

 

 

8,547

 

Total

 

$

170,481