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6. BASIC AND FULLY DILUTED NET INCOME PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Computation of earnings per share

The following table sets forth the computation of basic and fully diluted net income per common share.

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2020     2019     2020     2019  
Numerator:                                
Net income (loss) attributable to Paysign, Inc.   $ (219,234 )   $ 1,738,791     $ 1,321,731     $ 2,610,462  
Denominator:                                
Weighted average common shares:                                
Denominator for basic calculation     49,015,686       47,310,209       48,864,424       47,136,608  
Weighted average effects of potentially diluted common stock:                                
Stock options (calculated using the treasury method)     3,402,441       2,287,387       3,776,221       2,158,289  
Unvested restricted stock grants     1,978,723       5,370,000       1,901,813       5,444,586  
Denominator for fully diluted calculation     54,396,850       54,967,595       54,542,458       54,739,483  
Net income (loss) per common share:                                
Basic   $ 0.00     $ 0.04     $ 0.03     $ 0.06  
Fully diluted   $ 0.00     $ 0.03     $ 0.02     $ 0.05