Company: RNGE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023395
Chunk: 41

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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for services. The Company accounts for such grants issued and vesting based on ASC 718, “Compensation-Stock Compensation”,
whereby the value of the award is measured on the date of grant and recognized for employees as compensation expense on the straight-line
basis over the vesting period. Recognition of compensation expense for non-employees is in the same period and manner as if the Company
had paid cash for the services. The Company recognizes the fair value of stock-based compensation within its Consolidated Statements
of Operations with classification depending on the nature of the services rendered.

The
fair value of the Company’s stock options is estimated using the Black-Scholes-Merton Option Pricing model, which uses certain
assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or restricted stock, and future
dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model and based
on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense
recorded in future periods.

Basic
and Diluted Income (Loss) Per Share

Basic
income (loss) per share is computed by dividing the net income (loss) applicable to common stockholders by the weighted average number
of outstanding common shares during the period. Shares of restricted stock are included in the basic weighted average number of common
shares outstanding from the time they vest. Diluted income (loss) per share is computed by dividing net income (loss) applicable to common
stockholders by the weighted average number of common shares outstanding plus the number of additional common shares that would have
been outstanding if all dilutive potential common shares had been issued. Diluted income (loss) per share excludes all potential common
shares if their effect is anti-dilutive. The following potentially dilutive shares were excluded from the shares used to calculate diluted
earnings per share as their inclusion would be anti-dilutive:

SCHEDULE
OF ANTI-DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE 

    September 30, 2025  
    December 31, 2024 
  
    Options 
     12,243,376  
     11,594,210 
  
    Warrants 
     3,166,667  
     3,166,667 
  
    Total 
     15,410,043