Net Income Per Share

6 Months Ended

Jun. 30, 2012

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 June 30,		Six Months Ended June 30,
	2012	2011	2012	2011
Net income attributable to SMTP.com	$         240,228	$         202,927	$         445,056	$         360,289
Basic weighted average common shares outstanding	14,339,434	13,840,264	14,090,467	13,703,743
Add incremental shares for:
Warrants	-	547,089	-	330,957
Stock options	819,582	1,097,552	884,224	851,313
Diluted weighted average common shares outstanding	15,159,016	15,484,904	14,974,691	14,886,013
Net income per share:
Basic	$               0.02	$               0.01	$               0.03	$               0.03
Diluted	$               0.02	$               0.01	$               0.03	$               0.02