Net Income Per Share

3 Months Ended

12 Months Ended

Mar. 31, 2012

Dec. 31, 2011

Notes to Financial Statements

Net Income Per Share

Note 4: Net Income Per Share

Computation of net income per share is as follows:

	Three Months Ended March 31,
	2012	2011
Net income attributable to SMTP.com	$         204,825	$         157,361
Basic weighted average common shares outstanding	13,841,500	13,567,222
Add incremental shares for:
Warrants	516,688
Stock options	1,073,773	-
Diluted weighted average common shares outstanding	15,431,961	13,567,222
Net income per share:
Basic	$               0.01	$               0.01
Diluted	$               0.01	$               0.01

Note 5: Net Income Per Share

Computation of net income per share is as follows:

	Year Ended December 31,
	2011	2010
Net income attributable to SMTP.com	$                     905,632	$                     394,901
Basic weighted average common shares outstanding	13,773,566	13,440,000
Add incremental shares for:
Warrants	423,085
Stock options	957,613	-
Diluted weighted average common shares outstanding	15,154,264	13,440,000
Net income (loss) per share:
Basic	$                            0.07	$                            0.03
Diluted	$                            0.06	$                            0.03