Aspen University is a Private for-profit online university with its headquarters in Denver, Colorado. It was established in 1987. Aspen University offers undergraduate and graduate degrees. The university is owned by the Aspen Group, Inc. a publicly held, for-profit postsecondary education company headquartered in New York City. It owns two accredited universities, Aspen University and United States University. Aspen Group, Inc. is publicly traded over the counter under the symbol ASPU. In 2023, ASPU voluntarily delisted from the New York Stock Exchange.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| ASPU | ASPEN GROUP, INC. | 2025-10-16 09:37:00 | 0.08 | 0 | 5.26 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASPU | 0001487198 | ASPEN GROUP, INC. | US04530L2034 | — | 271933597 | OTC | 8200 | Services-Educational Services | 0430 | DE | 276 FIFTH AVENUE | NEW YORK | NY | 10001 | UNITED STATES | US | 646-448-5144 | 276 FIFTH AVENUE, NEW YORK, NY, 10001 | 276 FIFTH AVENUE, NEW YORK, NY, 10001 | Elite Nutritional Brands, Inc. | — | — | — | — | https://www.aspen.edu | 112,000,000 | 25,586,837 | 25,462,316 | Aspen University is a Private for-profit online university with its headquarters in Denver, Colorado. It was established in 1987. Aspen University offers undergraduate and graduate degrees. The university is owned by the Aspen Group, Inc. a publicly held, for-profit postsecondary education company headquartered in New York City. It owns two accredited universities, Aspen University and United States University. Aspen Group, Inc. is publicly traded over the counter under the symbol ASPU. In 2023, ASPU voluntarily delisted from the New York Stock Exchange. | 2025-10-11 01:06:10 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2022 | 112,000,000 | 111,999,774 | 49,557,422.1239 | 25,236,203 | 167,934 | 0.6699 |
| 2021 | 226 | -107,999,774 | -99.9998 | 25,068,269 | 2,827,276 | 12.712 |
| 2020 | 108,000,000 | 17,000,000 | 18.6813 | 22,240,993 | 3,592,109 | 19.2618 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Gerard Wendolowski | Chief Operating Officer | 2022 | 309,000 | 0 | 518,400 | — | 0 | 827,400 |
| Michael Mathews | Chief Executive Officer | 2022 | 346,823 | 0 | 873,750 | — | 108,415 | 1,328,988 |
| Matthew Lavay | Chief Financial Officer | 2022 | 230,208 | 0 | 725,000 | — | 40,000 | 995,208 |
| Gerard Wendolowski | Chief Operating Officer | 2021 | 309,000 | 0 | 127,458 | — | 0 | 529,158 |
| Michael Mathews | Chief Executive Officer | 2021 | 334,750 | 0 | 138,080 | — | 106,345 | 679,600 |
| Fiscal Year | Employee Count |
|---|---|
| 2022 | 312 |
| 2021 | 398 |
| 2020 | 319 |
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Revenue | 76,694,366 | 67,812,520 | 49,061,080 |
| Cost Of Revenue | 35,259,281 | 29,453,733 | 19,135,302 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 45,535,001 | 41,908,030 | 30,329,520 |
| Operating Expenses | 85,664,689 | 76,056,668 | 53,099,493 |
| Operating Income | -8,970,323 | -8,244,148 | -4,038,413 |
| Net Income | -9,585,781 | -10,448,973 | -5,659,065 |
| Earnings Per Share Basic | -0.38 | -0.44 | — |
| Earnings Per Share Diluted | -0.38 | -0.44 | -0.29 |
| Weighted Average Shares Outstanding Basic | 25,016,437 | 23,757,656 | — |
| Weighted Average Shares Outstanding Diluted | 25,016,437 | 23,757,656 | 19,708,708 |
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Cash And Cash Equivalents | 6,482,750 | 8,513,290 | 14,350,554 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 24,359,241 | 16,724,744 | 14,326,791 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 748,568 | 68,529 | 173,090 |
| Total Assets Current | 39,382,591 | 31,537,183 | 33,371,414 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 13,497,479 | 12,655,342 | 6,147,643 |
| Other Assets Non Current | 578,125 | 479,212 | 355,831 |
| Total Assets Non Current | 51,683,460 | 49,269,723 | 32,868,097 |
| Total Assets | 91,066,051 | 80,806,906 | 66,239,511 |
| Accounts Payable | 1,893,287 | 1,466,488 | 1,505,859 |
| Deferred Revenue | 5,889,911 | 6,825,014 | 3,712,994 |
| Short Term Debt | — | — | 0 |
| Other Liabilities Current | 130,262 | 307,921 | 545,711 |
| Total Liabilities Current | 16,835,273 | 15,417,624 | 10,357,073 |
| Long Term Debt | 14,875,735 | — | 0 |
| Other Liabilities Non Current | 300,000 | — | — |
| Total Liabilities Non Current | 31,685,054 | 16,298,808 | 14,134,481 |
| Total Liabilities | 48,520,327 | 31,716,432 | 24,491,554 |
| Common Stock | 25,358 | 25,067 | 21,771 |
| Retained Earnings | -67,743,784 | -58,158,003 | -47,709,030 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 42,545,724 | 49,090,474 | 41,747,957 |
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Depreciation And Amortization | 1,555,119 | 2,381,656 | 1,497,470 |
| Share Based Compensation Expense | 2,534,665 | 3,958,085 | 2,116,309 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 9,203,042 | 8,215,190 | 8,717,424 |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | 0 | -23,097 | 20,952 |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 426,799 | -39,371 | -193,362 |
| Change In Other Liabilities | -177,659 | 125,440 | 274,927 |
| Cash From Operating Activities | -11,278,225 | 985,578 | -5,748,633 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 4,160,318 | 8,848,395 | 3,276,510 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -4,327,379 | -8,977,303 | -3,290,361 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | — | 0 | 16,044,879 |
| Repurchase Of Common Stock | — | — | — |
| Issuance Of Long Term Debt | 5,000,000 | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 14,855,672 | 3,751,039 | 16,978,007 |
| Change In Cash | -749,932 | -4,240,686 | 7,939,013 |
| Cash At End Of Period | 6,482,750 | 8,513,290 | 14,350,554 |
| Income Taxes Paid | 27,400 | 57,208 | 51,820 |
| Interest Paid | 470,895 | 310,958 | 1,208,285 |
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Earnings Per Share | -0.38 | -0.44 | — |
| Price To Earnings Ratio | -2.2887 | -10.8409 | — |
| Earnings Growth Rate | -13.6364 | — | — |
| Price Earnings To Growth Ratio | 0.1678 | — | — |
| Book Value Per Share | 1.7007 | 2.0663 | — |
| Price To Book Ratio | 0.5114 | 2.3085 | — |
| Ebitda | -7,284,476 | -5,958,728 | -2,291,697 |
| Enterprise Value | 30,149,780.2589 | — | — |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.3496 | — | 0 |
| Capital Expenditures | 2,397,256 | 8,889,355 | 3,253,773 |
| Free Cash Flow | -13,675,481 | -7,903,777 | -9,002,406 |
| Return On Equity | -0.2253 | -0.2129 | -0.1356 |
| One Year Beta | 0.8301 | 1.6826 | 0.6815 |
| Three Year Beta | 0.9163 | 0.8622 | 0.6136 |
| Five Year Beta | 0.8249 | 0.8144 | 0.6093 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Koehneman Michael L | Director | 2023-10-03 | 10,000 | A | 17,623 |
| Koehneman Michael L | Director | 2023-10-03 | 4,377 | A | 22,000 |
| Koehneman Michael L | Director | 2023-10-02 | 5,623 | A | 7,623 |
| KASS DOUGLAS | Director | 2023-09-29 | 25,000 | A | 445,000 |
| KASS DOUGLAS | Director | 2023-09-28 | 14,500 | A | 420,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Long Focus Capital Management, LLC | 2023-03-31 | 51,618 | 991,512 | 0.0521 |
| Steward Partners Investment Advisory, LLC | 2023-03-31 | 10 | 200 | 0.05 |
| Laidlaw Wealth Management LLC | 2023-03-31 | 15,847 | 304,183 | 0.0521 |
| Delta Financial Group, Inc. | 2023-03-31 | 28,000 | 534,586 | 0.0524 |
| StoneX Group Inc. | 2022-12-31 | 4,650 | 15,000 | 0.31 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| GAMCO GLOBAL SERIES FUNDS, INC | 2025-06-30 | CLASS C | GMNCX | 2,000 | 140 | 0.0009 |
| GAMCO GLOBAL SERIES FUNDS, INC | 2025-06-30 | CLASS AAA | GAMNX | 2,000 | 140 | 0.0009 |
| GAMCO GLOBAL SERIES FUNDS, INC | 2025-06-30 | CLASS A | GMNAX | 2,000 | 140 | 0.0009 |
| GAMCO GLOBAL SERIES FUNDS, INC | 2025-06-30 | CLASS I | GGMMX | 2,000 | 140 | 0.0009 |
| GAMCO GLOBAL SERIES FUNDS, INC | 2025-03-31 | CLASS C | GMNCX | 2,000 | 338.8 | 0.0027 |