Net Income Per Share

9 Months Ended

Sep. 30, 2013

Net income per share:

Net Income Per Share

Note 5: Net Income Per Share

Computation of net income per share is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Net income attributable to SMTP.com	$	319,587	$	313,854	$	930,593	$	758,910
Basic weighted average common shares outstanding		15,130,162		14,707,250		14,931,366		14,297,562
Add incremental shares for:
Warrants		26,450		-		53,228		-
Stock options		543,352		551,593		554,058		598,986
Diluted weighted average common shares outstanding		15,699,964		15,258,843		15,538,652		14,896,548
Net income per share:
Basic	$	0.02	$	0.02	$	0.06	$	0.05
Diluted	$	0.02	$	0.02	$	0.06	$	0.05