Amortizable Intangible Assets

6 Months Ended

Jun. 30, 2022

Amortizable Intangible Assets

Amortizable Intangible Assets

7. Amortizable Intangible Assets

Amortizable intangible assets consist of the following as of:

	June 30, 2022
	Estimated	Gross				Net
	Average Useful	Carrying		Accumulated		Carrying
	Life (in years)	Amount		Amortization		Amount
University partner relationships	25	$	210,000	$	(28,991)	$	181,009
Trade names	1		280		(280)		—
Total amortizable intangible assets, net		$	210,280	$	(29,271)	$	181,009

Amortization expense for university partner relationships and trade names for the years ending December 31:

Remainder of 2022	$	4,209
2023		8,419
2024		8,419
2025		8,419
2026		8,419
Thereafter		143,124
	$	181,009