| 2020 | 2019 | |
| Reconciliation of net operating loss to net cash from operating activities | ||
| Operating loss | $ (28,601,693) | $ (35,746,406) |
| Adjustments to reconcile operating loss to net cash from operating activities: | ||
| Depreciation expense | 3,685,660 | 3,876,677 |
| Changes in assets and liabilities: | ||
| Receivables, net | 3,628,218 | (1,542,839) |
| Collection of loans issued to students | (642,847) | 114,550 |
| Accounts payable and accrued liabilities | 4,438,426 | 3,143,314 |
| Unearned revenue | 824,971 | 23,293 |
| Deposits | (15,971) | 34,376 |
| Deferred outflows – pension and OPEB | (3,414,315) | (690,833) |
| Deferred inflows – pension and OPEB | (13,455,984) | 9,728,278 |
| Net pension liability | 10,071,709 | (18,838,058) |
| Net OPEB liability | 693,938 | (1,099,032) |
| Net cash from operating activities | $ (22,787,888) | $ (40,996,680) |
21.