5. BASIC AND FULLY DILUTED NET INCOME PER COMMON SHARE

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

BASIC AND FULLY DILUTED NET INCOME PER COMMON SHARE

5.        BASIC AND FULLY DILUTED NET INCOME PER COMMON SHARE

The following table sets forth the computation of basic and fully diluted net income per common share for the three months ended March 31, 2019 and 2018:

	2019		2018
Numerator:
Net income attributable to Paysign, Inc.	$	871,671	$	412,548
Denominator:
Weighted average common shares:
Denominator for basic calculation		46,961,079		43,670,765
Weighted average effects of potentially diluted common stock:
Stock options (calculated under treasury method)		2,027,756		–
Unvested restricted stock grants		5,520,000		1,984,111
Denominator for fully diluted calculation		54,508,835		45,654,876
Net income per common share:
Basic	$	0.02	$	0.01
Fully diluted	$	0.02	$	0.01