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Product Development Assets | 12 Months Ended
--- | ---
Apr. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Product Development Assets | Product Development Assets Product development assets, net were included in Other non-current assets on the Consolidated Statements of Financial Position and consisted of the following at April 30:
| 2025 |  | 2024
Book composition costs | $ | 247,442 |  |  | $ | 213,811 |
Software costs | 50,960 |  |  | 52,415 |
Content development costs | 1,033 |  |  | 596 |
Product development assets, gross | 299,435 |  |  | 266,822 |
Accumulated amortization | (283,382) |  |  | (249,183) |
Product development assets, net | $ | 16,053 |  |  | $ | 17,639 |
The following table details our amortization expense for product development assets, net:
| For the Years Ended April 30,
| 2025 |  | 2024 |  | 2023
Amortization expense | $ | 16,610 |  |  | $ | 22,835 |  |  | $ | 32,366 |
Product development assets include $3.3 million and $2.3 million of work-in-process as of April 30, 2025 and 2024, respectively, primarily for book composition costs.

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