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

Quarterly report pursuant to Section 13 or 15(d)

Courseware

Courseware

9 Months Ended

Jan. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Note 4. Courseware

Courseware costs capitalized were $33,369 for the nine months ended January 31, 2018. 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 January 31, 2018 and April 30, 2017:


	January 31,			April 30,
	2018			2017
Courseware	$	283,046		$	271,777
Accumulated amortization		(145,489	)		(126,300	)
Courseware, net	$	137,557		$	145,477

Amortization expense of courseware for the three and nine months ended January 31, 2018 and 2017:


	For the				For the
	Three Months Ended January 31,				Nine Months Ended January 31,
	2018		2017		2018		2017

Amortization expense	$	13,966	$	13,663	$	41,289	$	44,664

The following is a schedule of estimated future amortization expense of courseware at January 31, 2018:


Year Ending April 30,
2018	$	14,152
2019		56,143
2020		42,301
2021		15,336
2022		9,625
Total	$	137,557

51郭肱利

Quarterly report pursuant to Section 13 or 15(d)

Courseware