Company: RNGE
Filing Date: 2025-11-19
Form Type: 424B3
Source: 0001493152-25-024206
Chunk: 36

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-19
Form: 424B3
Chunk 36
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 personnel, market share with key customers, and supply relationships with critical vendors. Our ability to continue to compete effectively in our businesses will depend upon our ability to attract new employees and retain and motivate our existing employees.

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Inflation

The Company has not incurred substantial costs increases driven by inflation.

Results of Operations

Three Months Ended September 30, 2025 and September 30, 2024

The Company’s revenue for the three months ended September 30, 2025 was $778,767 and its gross loss was $191,728. The Company’s revenue for the three months ended September 30, 2024 was $2,171,655 and its gross loss was $392,928. The significant decrease in revenue is primarily a result of management’s decision to exit its coal mining business in 2024.

For the three months ended September 30, 2025, general and administrative expenses were $378,825, compared to $473,942 for the three months ended September 30, 2024 (a decrease of $95,117). General and administrative expenses generally include corporate overhead, salaries and other compensation costs, financial and administrative contracted services, legal and audit fees, other professional and consulting fees, insurance, marketing, and travel expenses. The largest decrease in general and administrative expenses for the three months ended September 30, 2025 compared to the three months ended September 30, 2024, was attributable to decreases in professional and legal fees of $45,073, labor and benefit costs of $14,051, and insurance costs of $7,538.

For the three months ended September 30, 2025, the Company incurred net other expense in the amount of $62,828 compared to $3,873,498 for the three months ended September 30, 2024 (a decrease of $3,810,670). This decrease in net other expense was attributable to the loss on sale of assets, including those related to Collins Building in 2024 of $3,751,680 and lower interest expense of $117,159.

Net loss for the three months ended September 30, 2025 was $633,381 compared to a net loss of $4,920,338 for the three months ended September 30, 2024 (an improvement of $4,286,957).

Nine Months Ended September 30, 2025 and September 30, 2024

The Company’s revenue for the nine months