Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 162

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 162
---
 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 to manage these risks, we may incur higher costs,
liquidated damages and other liabilities to our customers, which may decrease our profitability and harm our reputation. Our continued
growth will depend in part on executing a higher volume of large projects, which will require us to expand and retain our project management
and execution personnel and resources.

We
face competition in our industry, and we may be unable to attract customers and maintain a viable business.

There
can be no assurance that we will be able to successfully compete with our competitors. Our competitors may be able to offer similar services
which prove to be more popular with potential customers than our services. Our ability to grow and achieve profitability will depend
on our ability to satisfy our customers and withstand increasing competition by providing superior environmental services at reasonable
cost. There can be no assurance that we will be able to achieve or maintain a successful competitive position.

If
we become subject to environmental-related claims, we could incur significant cost and time to comply.

Our
land reclamation and water treatment business activities create a risk of significant environmental liabilities and reputational damage.
Under applicable environmental laws and regulations, we could be strictly, jointly and severally liable for releases of regulated substances
by us at the properties of others, including if such releases result in contamination of air or water or cause harm to individuals. Our
business activities also create a risk of contamination or injury to our employees, customers or third parties, from the use, treatment,
storage, transfer, handling and/or disposal of these materials.

In
the event that our business activities result in