Amortizable Intangible Assets

9 Months Ended

Sep. 30, 2022

Amortizable Intangible Assets

Amortizable Intangible Assets

7. Amortizable Intangible Assets

Amortizable intangible assets consist of the following as of:

	September 30, 2022
	Estimated	Gross				Net
	Average Useful	Carrying		Accumulated		Carrying
	Life (in years)	Amount		Amortization		Amount
University partner relationships	25	$	210,000	$	(31,096)	$	178,904
Trade names	1		280		(280)		—
Total amortizable intangible assets, net		$	210,280	$	(31,376)	$	178,904

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

Remainder of 2022	$	2,104
2023		8,419
2024		8,419
2025		8,419
2026		8,419
Thereafter		143,124
	$	178,904