Aspen Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Courseware

Courseware

3 Months Ended

Jul. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Note 4. Courseware

Courseware costs capitalized were $19,000 and $4,450 for the three months ended July 31, 2017 and 2016 respectively. When Courseware becomes fully amortized it is written off against the accumulated amortization. There is no expense impact to these write-offs.

Courseware consisted of the following at July 31, 2017 and April 30, 2017:


	July 31,			April 30,
	2017			2017
Courseware	$	273,577		$	271,777
Accumulated amortization		(122,738	)		(126,300	)
Courseware, net	$	150,839		$	145,477

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


	For the Three Months Ended
	July 31,
	2017		2016

Amortization Expense		13,638		15,902

The following is a schedule of estimated future amortization expense of courseware at July 31, 2017:


Year Ending April 30,
2018	$	40,490
2019		53,269
2020		39,427
2021		12,463
2022		5,190
Total	$	150,839

51郭肱利

Quarterly report pursuant to Section 13 or 15(d)

Courseware