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Amortizable Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Amortizable Intangible Assets  
Summary of amortizable intangible assets

June 30, 2024

Estimated

Gross

Net

Average Useful

Carrying

Accumulated

Carrying

Life (in years)

Amount

Amortization

Amount

University partner relationships

25

  

$

210,000

  

$

(45,829)

  

$

164,171

Trade names

1

280

(280)

 

Total amortizable intangible assets, net

$

210,280

$

(46,109)

$

164,171

Schedule of amortization expense for university partner relationships and trade names

2024

$

4,209

2025

 

8,419

2026

8,419

2027

8,419

2028

8,419

Thereafter

 

126,286

$

164,171