Company: RNGE
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010872
Chunk: 1

Company: RANGE IMPACT, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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’ Equity 

    Current Liabilities 

    Line of credit 
    $2,000,000  
    $2,000,000 
  
    Current portion of long-term debt 
     474,781  
     789,719 
  
    Accounts payable 
     444,419  
     556,562 
  
    Accrued expenses 
     148,377  
     197,328 
  
    Total current liabilities 
     3,067,577  
     3,543,609 
  
    Long-term Liabilities 

    Long-term debt, net of current portion 
     1,763,149  
     1,814,701 
  
    Asset retirement obligation 
     43,079,071  
     - 
  
    Total long-term debt 
     44,842,220  
     1,814,701 
  
    Total liabilities 
     47,909,797  
     5,358,310 

    Stockholders’ Equity 

    Common stock, par value $0.001 per share; 1,000,000,000 shares authorized; 108,616,078 and 104,727,189
    shares issued and outstanding, respectively 
     108,616  
     104,727 
  
    Additional paid-in-capital 
     58,210,161  
     57,609,560 
  
    Accumulated deficit 
     (51,780,255) 
     (56,879,882)
  
    Total stockholders’ equity 
     6,538,522  
     834,405 
  
    Total Liabilities and Stockholders’ Equity 
    $54,448,319  
    $6,192,715 

See accompanying notes to the consolidated financial
statements.

4

RANGE IMPACT, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

    2025  
    2024 

    Three Months Ended March 31, 

    2025  
    2024 

    Revenues 
    $695,701  
    $3,909,893 
  
    Cost of services 
     691,850  
     3,891,039 
  
    Gross profit 
     3,851  
     18,854 

    Operating expenses: