Aspen Group Inc. (ASPU) financial statements (2020 and earlier)

Company profile

Business Address 276 FIFTH AVENUE
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End April 30
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

10/31/2019
TTM
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:610153131
Cash and cash equivalents610153120
Other undisclosed cash, cash equivalents, and short-term investments     11
Restricted cash and investments000  11
Receivables131175211
Prepaid expense1000000
Disposal group, including discontinued operation      0
Other current assets0      
Other undisclosed current assets (0) 1 (1)(1)
Total current assets:2121228342
Noncurrent Assets
Operating lease, right-of-use asset8
Property, plant and equipment5431111
Long-term investments and receivables531100(1)
Accounts and financing receivable, after allowance for credit loss531100(1)
Intangible assets, net (including goodwill)5550000
Goodwill555    
Intangible assets, net (excluding goodwill) 000000
Other noncurrent assets0110000
Other undisclosed noncurrent assets89100001
Total noncurrent assets:3222202112
TOTAL ASSETS:53434211564
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2231011
Accounts payable1221000
Accrued liabilities1110000
Employee-related liabilities     0 
Interest and dividends payable     00
Deferred revenue6
Debt11010002
Deferred rent credit 00
Due to related parties      0
Customer refund liability2110000
Deferred revenue and credits 1111
Contract with customer, liability2
Other liabilities000    
Other undisclosed current liabilities  2  (0)(0)
Total current liabilities:21673114
Noncurrent Liabilities
Long-term debt and lease obligation6101  21
Long-term debt, excluding current maturities 101  21
Operating lease, liability6
Liabilities, other than long-term debt1100111
Deferred revenue and credits 00 0
Deferred rent credit 10
Deferred lease income, after accumulated amortization1 
Due to related parties    111
Other undisclosed noncurrent liabilities   00(1)0
Total noncurrent liabilities:71010122
Total liabilities:281783335
Stockholders' equity
Stockholders' equity attributable to parent252634823(2)
Common stock0000000
Treasury stock, value(0)(0)(0)(0)(0)(0)(0)
Additional paid in capital70696734262516
Accumulated deficit(45)(42)(33)(26)(25)(22)(18)
Total stockholders' equity:252634823(2)
TOTAL LIABILITIES AND EQUITY:53434211564

Income statement (P&L) ($ in millions)

10/31/2019
TTM
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
Revenues41342214854
Cost of revenue(17)(16)(10)(5)(4)(2)(2)
Gross profit:2418129532
Operating expenses(28)(25)(16)(9)(6)(7)(9)
Other undisclosed operating income (loss)(2)(2)(1)(1)(1)02
Operating loss:(6)(9)(5)(1)(2)(3)(5)
Nonoperating expense(1)(0)(2)(0)(0)(1)(1)
Other nonoperating income000000 
Interest and debt expense(1)(0)(2)(0)(0)(1)(1)
Loss from continuing operations before equity method investments, income taxes:(8)(10)(9)(1)(2)(5)(6)
Other undisclosed income from continuing operations before income taxes102001 
Loss from continuing operations before income taxes:(7)(9)(7)(1)(2)(4)(6)
Income tax expense(0)      
Loss from continuing operations:(7)(9)(7)(1)(2)(4)(6)
Loss from discontinued operations      (0)
Net loss:(7)(9)(7)(1)(2)(4)(7)
Other undisclosed net income attributable to parent      1
Net loss available to common stockholders, diluted:(7)(9)(7)(1)(2)(4)(5)

Comprehensive Income ($ in millions)

10/31/2019
TTM
4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
Net loss:(7)(9)(7)(1)(2)(4)(7)
Comprehensive loss, net of tax, attributable to parent:(7)(9)(7)(1)(2)(4)(7)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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