| Schedule of Revenue by Segment |
The following table shows the components of Revenues by reportable segment and as a percentage of total revenue for the three months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | Mexico | Peru | | | | Corporate(1) | Total | | 2026 | | | | | | | | | | | Tuition and educational services | | $ | 389,895 | | $ | 368,647 | | | | | $ | — | | $ | 758,542 | | 123 | % | | Other | | 36,536 | | 30,472 | | | | | 12 | | 67,020 | | 11 | % | | Gross revenue | | 426,431 | | 399,119 | | | | | 12 | | 825,562 | | 134 | % | | Less: Discounts / waivers / scholarships | | (157,435) | | (52,264) | | | | | — | | (209,699) | | (34) | % | | Total | | $ | 268,996 | | $ | 346,855 | | | | | $ | 12 | | $ | 615,863 | | 100 | % | | 2025 | | | | | | | | | | | Tuition and educational services | | $ | 306,224 | | $ | 320,360 | | | | | $ | — | | $ | 626,584 | | 120 | % | | Other | | 27,650 | | 22,402 | | | | | 53 | | 50,105 | | 9 | % | | Gross revenue | | 333,874 | | 342,762 | | | | | 53 | | 676,689 | | 129 | % | | Less: Discounts / waivers / scholarships | | (116,505) | | (36,028) | | | | | — | | (152,533) | | (29) | % | | Total | | $ | 217,369 | | $ | 306,734 | | | | | $ | 53 | | $ | 524,156 | | 100 | % |
(1) Includes the elimination of inter-segment revenues.
The following table shows the components of Revenues by reportable segment and as a percentage of total revenue for the six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | Mexico | Peru | Corporate(1) | Total | | 2026 | | | | | | | Tuition and educational services | $ | 672,238 | | $ | 422,410 | | $ | — | | $ | 1,094,648 | | 123 | % | | Other | 79,182 | | 45,290 | | 28 | | 124,500 | | 14 | % | | Gross revenue | 751,420 | | 467,700 | | 28 | | 1,219,148 | | 137 | % | | Less: Discounts / waivers / scholarships | (271,782) | | (58,891) | | — | | (330,673) | | (37) | % | | Total | $ | 479,638 | | $ | 408,809 | | $ | 28 | | $ | 888,475 | | 100 | % | | 2025 | | | | | | | Tuition and educational services | $ | 550,293 | | $ | 359,867 | | $ | — | | $ | 910,160 | | 120 | % | | Other | 67,250 | | 33,449 | | 104 | | 100,803 | | 13 | % | | Gross revenue | 617,543 | | 393,316 | | 104 | | 1,010,963 | | 133 | % | | Less: Discounts / waivers / scholarships | (210,919) | | (39,726) | | — | | (250,645) | | (33) | % | | Total | $ | 406,624 | | $ | 353,590 | | $ | 104 | | $ | 760,318 | | 100 | % |
(1) Includes the elimination of inter-segment revenues.
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