Company: RNGE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023395
Chunk: 29

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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,359,859)

    Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: 

    Gain on bargain purchase 
     (5,602,484) 
     - 
  
    Net gain on asset disposals 
     (1,085) 
     - 
  
    Deficiency claims on returned equipment 
     560,402  
     - 
  
    Net loss on Collins Building disposal 
     -  
     3,043,799 
  
    Net loss on sale of assets 
     -  
     707,881 
  
    Gain on disposition of business 
     -  
     (100)
  
    Fair value of vested stock options 
     168,980  
     60,970 
  
    Depreciation 
     150,381  
     1,594,152 
  
    Accretion on asset retirement obligations 
     1,243,945  
     - 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     (219,421) 
     3,024,835 
  
    Unbilled receivables 
     22,813  
     26,800 
  
    Contract assets 
     154,354  
     (449,729)
  
    Prepaid expenses and other current assets 
     (24,174) 
     85,349 
  
    Deposits 
     (15,395) 
     1,442 
  
    Accounts payable 
     (57,351) 
     (2,614,262)
  
    Accrued expenses 
     (29,919) 
     10,818 
  
    Deposits from discontinued operations 
     -  
     8,534 
  
    Net cash provided by (used in) operating activities 
     19,111  
     (1,859,370)

    Cash flows from investing activities: 

    Cash paid for asset retirement obligations 
     (753,866) 
     - 
  
    Equipment purchases 
     (100,000) 
     - 
  
    Proceeds from asset sales 
     525,000  
     270,000 
  
    Net insurance proceeds from casualty loss 
     -  
     160,000