Amortizable Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

Amortizable Intangible Assets

Summary of amortizable intangible assets

	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

Schedule of amortization expense for university partner relationships and trade names

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