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Property and Equipment
12 Months Ended
Apr. 30, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
As property and equipment reach the end of their useful lives, the fully expired assets are written off against the associated accumulated depreciation and amortization.
When assets are disposed of before reaching the end of their useful lives, both the recorded cost of the fixed asset and the corresponding amount of accumulated depreciation is reversed. Any remaining difference between the two is recognized as either other income or expense.
Property and equipment consisted of the following:
April 30,
20222021
   Computer equipment and hardware$1,516,475 $956,463 
   Furniture and fixtures2,193,261 1,705,101 
   Leasehold improvements7,179,896 5,729,324 
   Instructional equipment715,652 421,039 
   Software10,285,096 8,488,635 
   Construction in progress2,100 247,767 
21,892,480 17,548,329 
Accumulated depreciation and amortization(8,395,001)(4,892,987)
      Property and equipment, net$13,497,479 $12,655,342 
Software consisted of the following:
April 30,
20222021
Software
$10,285,096 $8,488,635 
Accumulated amortization(5,170,943)(3,444,325)
Software, net
$5,114,153 $5,044,310 
Depreciation and amortization expense for property and equipment and software is summarized below:
Years Ended April 30,
20222021
Depreciation and amortization expense:
Property and equipment, excluding software$1,555,119 $975,900 
Software amortization expense$1,726,618 $1,405,756 
The following is a schedule of estimated future amortization expense of software at April 30, 2022 (by fiscal year):
Future Expense
2023$1,763,621 
20241,473,045 
20251,070,781 
2026610,861 
2027195,845 
Total$5,114,153