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Net Income Per Share
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
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  

 

 

Note 4: Net Income Per Share

Computation of net income per share is as follows:

    Year Ended December 31,  
    2012     2011  
             
Net income attributable to SMTP.com   $ 1,069,607     $ 905,632  
                 
Basic weighted average common shares outstanding     14,412,183       13,773,566  
Add incremental shares for:                
Warrants     63,840       423,085  
Stock options     135,526       957,613  
Diluted weighted average common shares outstanding     14,611,549       15,154,264  
                 
Net income per share:                
Basic   $ 0.07     $ 0.07  
Diluted   $ 0.07     $ 0.06