| Schedule of Disaggregation of Revenue |
In the following table, revenue, shown net of grants and scholarships, is disaggregated by source. The table also includes a reconciliation of the disaggregated revenue within the reportable segments (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2026 | | (Unaudited) | | Military+ | | Health+ | | Corporate and Other | | Consolidated | | Instructional services, net of grants and scholarships | $ | 88,005 | | | $ | 70,920 | | | $ | (61) | | | $ | 158,864 | | | Graduation fees | 1,113 | | | — | | | — | | | 1,113 | | | Textbook and other course materials | — | | | 12,236 | | | — | | | 12,236 | | | Other fees | 325 | | | 2,200 | | | — | | | 2,525 | | | Total Revenue | $ | 89,443 | | | $ | 85,356 | | | $ | (61) | | | $ | 174,738 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | (Unaudited) | | Military+ | | Health+ | | Corporate and Other | | Consolidated | | Instructional services, net of grants and scholarships | $ | 82,551 | | | $ | 64,115 | | | $ | 3,678 | | | $ | 150,344 | | | Graduation fees | 1,087 | | | — | | | — | | | 1,087 | | | Textbook and other course materials | — | | | 11,822 | | | — | | | 11,822 | | | Other fees | 308 | | | 990 | | | — | | | 1,298 | | | Total Revenue | $ | 83,946 | | | $ | 76,927 | | | $ | 3,678 | | | $ | 164,551 | |
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