SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2025

SEGMENT REPORTING [Abstract]

Financial Information by Reporting Segment

The financial information is presented to the CODM using actual-to-actual results and budget-to-actual results.

	Year Ended December 31,
	Consolidated									Campus Operations							Transitional								Corporate
	2025			2024			2023			2025			2024		2023		2025		2024			2023			2025			2024			2023
REVENUE	$	518,241		$	440,064		$	378,070		$	518,241		$	432,966	$	367,233	$	-	$	7,098		$	10,837		$	-		$	-		$	-
COSTS AND EXPENSES:
Instructional		98,460			90,566			85,311			98,460			88,207		82,228		-		2,359			3,083			-			-			-
Books and Tools		36,603			32,146			26,177			36,603			31,161		24,802		-		985			1,375			-			-			-
Facilities		50,098			46,791			44,647			50,098			45,842		42,475		-		949			2,172			-			-			-
Depreciation and amortization		20,228			12,256			6,140			20,228			12,200		6,030		-		56			110			-			-			-
Educational services and facilities		205,389			181,759			162,275			205,389			177,410		155,535		-		4,349			6,740			-			-			-
Sales and marketing		84,551			75,236			65,553			84,551			73,532		64,159		-		1,704			1,394			-			-			-
Student services		25,424			21,874			18,693			25,424			21,012		17,314		-		862			1,379			-			-			-
Provision for credit losses		58,085			56,578			41,637			58,050			55,600		39,978		-		975			1,659			35			3			-
Administrative		114,283			89,415			82,622			46,571			41,235		37,976		-		1,236			2,030			67,712			46,944			42,616
Depreciation and amortization		603			700			630			-			-		-		-		-			-			603			700			630
Selling, general and administrative		282,946			243,803			209,135			214,596			191,379		159,427		-		4,777			6,462			68,350			47,647			43,246
(Gain) loss on sale of assets		(406	)		2,119			(30,918	)		(442	)		619		-		-		11			1			-			1,489			(30,939	)
Gain on insurance proceeds		-			(2,794	)		-			-			-		20		-		-			-			36			(2,794	)		-
Impairment of goodwill and long-lived assets		-			-			4,220			-			-		4,220		-		-			-			-			-			-
Total costs and expenses		487,929			424,887			344,712			419,543			369,408		319,202		-		9,137			13,203			68,386			46,342			12,307
OPERATING INCOME (LOSS)	$	30,312		$	15,177		$	33,358		$	98,698		$	63,558	$	48,031	$	-	$	(2,039	)	$	(2,366	)	$	(68,386	)	$	(46,342	)	$	(12,307	)