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Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

v3.20.4
Property and Equipment (Tables)
9 Months Ended
Jan. 31, 2021
Property, Plant and Equipment [Line Items] Ìý
Property and Equipment
Property and equipment consisted of the following at JanuaryÌý31, 2021 and AprilÌý30, 2020:
January 31,
2021
April 30,
2020
Computer equipment and hardware $ 799,826Ìý $ 649,927Ìý
Furniture and fixtures 1,013,103Ìý 1,007,099Ìý
Leasehold improvements 920,736Ìý 867,024Ìý
Instructional equipment 315,993Ìý 301,842Ìý
Software 7,944,693Ìý 6,162,770Ìý
Construction in Progress 907,780Ìý —Ìý
11,902,131Ìý 8,988,662Ìý
Accumulated depreciation and amortization (4,355,308) (2,841,019)
Property and equipment, net $ 7,546,823Ìý $ 6,147,643Ìý
Depreciation and Amortization Expense
Depreciation and amortization expense for property and equipment as well as the portion for just software amortization is presented below for the three and nine months ended JanuaryÌý31, 2021 and 2020:
Three Months Ended
January 31,
Nine Months Ended
January 31,
2021 2020 2021 2020
Depreciation and amortization expense $ 525,018Ìý $ 364,504Ìý $ 1,519,536Ìý $ 1,012,548Ìý
Software amortization expense $ 366,908Ìý