Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill by reportable segment during the years ended December 31, 2024, and 2025, are as follows (in thousands):

	APUS Segment		RU Segment		HCN Segment		Total Goodwill
Goodwill as of December 31, 2023	$	—	$	33,030	$	26,563	$	59,593
Impairment	—		—		—		—
Goodwill as of December 31, 2024	$	—	$	33,030	$	26,563	$	59,593
Impairment	—		—		—		—
Goodwill as of December 31, 2025	$	—	$	33,030	$	26,563	$	59,593

Schedule of Indefinite-Lived Intangible Assets

The following table represents the balance of the Company’s indefinite-lived intangible assets as of December 31, 2024 and 2025 (in thousands):

Indefinite-lived intangible assets
Trade name	$	20,498
Accreditation, licensing, and Title IV	7,686
Affiliation agreements	37
Total indefinite-lived intangible assets	$	28,221