XML 42 R29.htm IDEA: XBRL DOCUMENT v3.22.4
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Intangible Assets  
Summary of amortizable intangible assets

December 31, 2022

Estimated

Gross

Net

Average Useful

Carrying

Accumulated

Carrying

Life (in years)

Amount

Amortization

Amount

University partner relationships

25

  

$

210,000

  

$

(33,200)

  

$

176,800

Trade names

1

280

(280)

 

Total amortizable intangible assets, net

$

210,280

$

(33,480)

$

176,800

Schedule of amortization expense for university partner relationships and trade names

2023

$

8,419

2024

 

8,419

2025

8,419

2026

8,419

2027

8,419

Thereafter

 

134,705

$

176,800