Company: RNGE
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010872
Chunk: 26

Company: RANGE IMPACT, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 in which the entity holds material assets and reports revenue. All material operating units qualify for
aggregation under “Segment Reporting” due to their similar customer base and similarities in economic
characteristics, nature of products and services, and procurement, manufacturing and distribution processes.

The two reportable segments that result from applying the aggregation
criteria are as follows:

    ●
    Range Land – mine land acquired, reclaimed and repurposed for next
generation uses

    ●
    Range Services – services in support of reclamation and repurposing of acquired mine land

The Company had no inter-segment sales for the
periods presented.

    16

Summarized financial information concerning the
Company’s reportable segments is shown as below:

SCHEDULE
OF FINANCIAL INFORMATION OF REPORTABLE SEGMENT

By Categories

    Range Land  
     
    Range Services

    Corporate  
    Total 

    For the three months ended March 31, 2025 

    Range Land  
    Range Services

    Corporate  
    Total 

    Sales 
    $-  
    $
    695,701

    $-  
    $695,701 
  
    Gross profit (loss) 
     (22,500) 
     
    26,351

     -  
     3,851 
  
    Net income (loss) 
     5,579,419  
     
    (221,970
    )
     
     (257,822) 
     5,099,627 

    Total assets 
     52,648,968  
     
    1,754,617

     44,734  
     54,448,319 
  
    Depreciation 
     -  
     
    84,783

     -  
     84,783 
  
    Interest expense 
     -  
     
    82,534

     8,334  
     90,868 
  
    Capital expenditures for long-lived assets 
    $-  
    $
    100,000

    $-  
    $100,000 

    Range Land 

    Range Services
      
    Corporate  
    Total 

    For the three months ended March 31, 2024 

    Range Land 
     
    Range Services
      
    Corporate