Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 73

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 73
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 of salaries and wages. These costs are affected by the
local supply and demand for qualified labor. Other large components of our costs are general insurance, workers compensation
insurance, employee benefits and health insurance costs. These costs may increase disproportionately to our revenues and service
rate increases and may have a material adverse effect on our financial condition and results of operations.

Our
suppliers may fail to deliver materials and parts according to schedules, prices, quality and volumes that are acceptable to us, or we
may be unable to manage these materials and parts effectively.

The
equipment we use in our land reclamation and water treatment and reclamation business contains materials and parts purchased globally
from many suppliers which exposes us to potential component shortages or delays. Unexpected changes in business conditions, materials
pricing, labor issues, wars such as the current conflicts in Gaza and Ukraine, trade policies, natural disasters, health epidemics such
as the global COVID-19 pandemic, trade and shipping disruptions, port congestions and other factors beyond our or our suppliers’
control could also affect these suppliers’ ability to deliver components to us or to remain solvent and operational. Additionally,
if our suppliers do not accurately forecast and effectively allocate production or if they are not willing to allocate sufficient production
to us, it may reduce our access to components and require us to search for new suppliers. The unavailability of any component or supplier
could result in delays in providing our services and products. Our suppliers may not be willing or able to sustainably meet our timelines
or our cost, quality and volume needs, or to do so may cost us more, which may require us to replace them with other sources. While we
believe that we will be able to secure additional or alternate sources for most of our necessary components or products, there is no
assurance that we will be able to do so quickly or at all or at prices that are financially feasible.

12

Our
financial results depend on successful project execution and may be adversely affected by cost overruns, failure to meet customer schedules
or other execution issues.

A
portion of our revenue is derived from projects that are technically complex and that may last over many months. These projects are subject
to a number of significant risks, including project delays, cost overruns, changes in scope, unanticipated site conditions, design and
engineering issues, incorrect cost assumptions, increases in the cost of materials and labor, safety hazards, third party performance
issues, weather issues and changes in laws or permitting requirements. If we are unable