Net Income per Share Attributable to Common Stock (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Computation of Basic and Diluted Net Income Per Share Attributable to Common Stock

The following table sets forth the computation of basic and diluted net income per share attributable to common stock (in thousands except share and per share data):


	Three Months Ended March 31,
	2025		2024
Numerator:
Net income	$	13,813	$	7,226
Denominator:
Weighted-average shares of common stock — basic		124,941,781		123,945,778
Dilutive effect of stock options		2,509,281		2,141,741
Dilutive effect of RSUs		1,043,077		754,844
Dilutive effect of warrants		307,835		75,291
Weighted-average shares of common stock — diluted		128,801,974		126,917,654
Net income per share
Basic	$	0.11	$	0.06
Diluted	$	0.11	$	0.06

Schedule of Common Stock Equivalents Excluded from Income (Loss) Per Diluted Share

The following table summarizes the weighted average securities that were excluded from the computation of diluted net income per share attributable to common stock as their inclusion would have been antidilutive:


	Three Months Ended March 31,
	2025		2024
RSUs		2,599		457,373
Warrants		—		448,881

Paymentus Holdings, Inc. 10-Q