Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 70

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 70
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 may experience substantial dilution, and the new equity or debt securities may have rights, preferences and privileges
senior to those of our existing stockholders. If we incur additional debt, it would increase our leverage relative to our earnings, if
any, or to our equity capitalization, requiring us to pay additional interest expense. Obtaining commercial loans, assuming those loans
would be available, would increase our liabilities and future cash commitments. We also may raise funds by selling some or all of our
assets. Regardless of the manner in which we seek to raise capital, we may incur substantial costs in those pursuits, including investment
banking fees, legal fees, accounting fees, and other related costs.

The Company may not be able to continue as a
going concern.

During the year ended December 31, 2024, the Company
incurred a net loss of $9,798,083, and $1,591,426 of cash was used by the Company’s operating activities. The Company estimates
that it may not have sufficient funds to operate its business for 12 months given its cash balance as of December 31, 2024 of approximately
$167,286 and revenues being generated by the Company’s operating business segments. The ability of the Company to continue as a going concern is
dependent on the Company’s ability to fund future operations through additional financing from investors and/or lenders or through
the sale of its securities or through development of its operations. Due to these and other factors, there is substantial doubt of the
Company’s ability to continue as a going concern.

Our
limited operating experience could make our operations inefficient or ineffective.

We
have only a limited operating history upon which to base an evaluation of our current business and future prospects and how we will respond
to competitive, financial or technological challenges. In addition, because of our limited operating history, we have limited insight
into trends that may emerge and affect our businesses, and limited experience responding to such trends. We may make errors in predicting
and reacting to relevant business trends and we will be subject to the risks, uncertainties and difficulties frequently encountered by
early-stage companies in evolving markets. We may not be able to successfully address any or all of these risks and uncertainties. Failure
to adequately do so could cause our business, results of operations and financial condition to suffer or fail.

We
may not be able to manage our expansion of operations effectively.

Assuming
we are able to attract additional capital, we intend to expand our operations. To