5. BASIC AND FULLY DILUTED NET INCOME PER COMMON SHARE

3 Months Ended

Mar. 31, 2020

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, 2020 and 2019:

	2020		2019
Numerator:
Net income attributable to Paysign, Inc.	$	1,540,965	$	871,671
Denominator:
Weighted average common shares:
Denominator for basic calculation		48,713,163		46,961,079
Weighted average effects of potentially diluted common stock:
Stock options (calculated using the treasury method)		1,824,903		2,027,756
Unvested restricted stock grants		4,150,000		5,520,000
Denominator for fully diluted calculation		54,688,066		54,508,835
Net income per common share:
Basic	$	0.03	$	0.02
Fully diluted	$	0.03	$	0.02