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A point-mass gravitational lens is the ideal gravitational lens obtained by concentrating a positive mass $M$ at one location. Use geometrical optics, the weak-field approximation, small angles in radians, and a stationary lens whose deflecting region is short compared with the observer-lens and lens-source distances. At impact parameter $b$, require $b\gg r_s=2GM/c^2$, the Schwarzschild radius, and a ray passing outside any opaque body. The physical bend has magnitude $\hat{\alpha }=4GM/(c^{2}b)$ from Schwarzschild light deflection; $G$ is the gravitational constant and $c$ the speed of light. Multiple images can occur within this weak-field approximation: strong gravitational lensing does not require a ray to approach a black hole closely.^[ref]

Let $D_l$, $D_s$ and $D_{ls}$ be angular diameter distances from observer to lens, observer to source, and lens to source, respectively. They refer to the background geometry used in the thin gravitational lens equation. In nearby Euclidean geometry, $D_{ls}=D_s-D_l$; in cosmology, do not make that subtraction. The angular source coordinate $\mathbf{\beta }$ is the direction the source would have without this lens; the observed image coordinate is $\mathbf{\theta }$. Both are measured relative to the observer-lens optical axis.^[ref]

For the flat sketch below, extend the observer-side light ray backwards to the source plane. Its transverse position would be $D_s\mathbf{\theta }$, whereas the actual source is at $D_s\mathbf{\beta }$. Their separation is $D_{ls}\hat{\mathbf{\alpha }}$. Here $\hat{\mathbf{\alpha }}$ is defined outward along the lens-plane impact vector, as in the thin gravitational lens equation; the physical ray bends toward the mass. Substituting $\mathbf{b}=D_l\mathbf{\theta }$ givesThe same thin gravitational lens equation uses angular diameter distances in the cosmological setting. The factor $D_{ls}/D_s$ converts the physical bend into the reduced angular deflection; these are different angles.

Choose a signed angular coordinate along the source-lens line. The point-mass gravitational lens becomesFor $\beta \ne 0$, multiplication by $\theta$ gives the quadratic equation ${\theta }^2-\beta \theta -{\theta }_E^2=0$. Its positive discriminant yields the two displayed roots. Their product is ${\theta }_{+}{\theta }_{-}=-{\theta }_E^2$, so they lie on opposite sides of the lens. With $\beta >0$, ${\theta }_{+}>{\theta }_E$ and $-{\theta }_E<{\theta }_{-}<0$: the outer image lies on the source side. For $\beta <0$, the outer image is instead the minus root. These are image directions seen by the observer, not two emitting objects.^[ref]

For a dimensionless example, set $u=\beta /{\theta }_E=0.6$ and $x=\theta /{\theta }_E$. Solving $u=x-1/x$ gives $x_{+}\simeq 1.344$ and $x_{-}\simeq -0.744$, with separation $\sqrt{u^2+4}\simeq 2.088$. The lensing magnification follows from image parity in gravitational lensing: ${\mu }_{+}\simeq 1.442$, ${\mu }_{-}\simeq -0.442$, and total amplification $\simeq 1.884$. Changing $M$ or the distances rescales the angles through the Einstein angular radius, while these dimensionless values remain the same.

For $u\gg 1$, the quadratic equation gives $x_{+}\simeq u+1/u$ and $x_{-}\simeq -1/u$. Using $\mu =1/(1-x^{-4})$, the outer image tends to unit lensing magnification and the inner image has $|{\mu }_{-}|\simeq u^{-4}$. Two mathematical images can therefore look like one at finite sensitivity or angular resolution. Furthermore, the inner impact parameter eventually becomes too small for the stated weak-field approximation or passes through the opaque lens: the ideal formula must then be replaced by an appropriate physical model.