Paysign, Inc. Earnings Per Share Disclosure
The following table sets forth the computation of basic and fully diluted net income per common share for the years ended December 31, 2025 and 2024:
| 2025 | 2024 | |||||||
| Numerator: | ||||||||
| Net income | $ | 7,551,613 | $ | 3,815,907 | ||||
| Denominator: | ||||||||
| Weighted average common shares: | ||||||||
| Denominator for basic calculation | 54,426,584 | 53,207,555 | ||||||
| Weighted average effects of potentially diluted common stock: | ||||||||
| Stock options (calculated under treasury method) | 1,098,925 | 966,385 | ||||||
| Unvested restricted stock awards | 4,123,022 | 1,414,519 | ||||||
| Denominator for fully diluted calculation | $ | 59,648,531 | $ | 55,588,459 | ||||
| Net income per common share: | ||||||||
| Basic | $ | 0.14 | $ | 0.07 | ||||
| Fully diluted | $ | 0.13 | $ | 0.07 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 25, 2026 | Showing above |
| 2024 | Mar 26, 2025 | |
| 2023 | Mar 27, 2024 | |
| 2022 | Mar 22, 2023 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.