Company: RNGE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023395
Chunk: 69

Company: RANGE IMPACT, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 69
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 securities may have rights, preferences and privileges senior to those of our existing stockholders. If we incur additional debt,
it would increase our leverage relative to our earnings, if any, or to our equity capitalization, requiring us to pay additional interest
expense. Obtaining commercial loans, assuming those loans would be available, would increase our liabilities and future cash commitments.
We also may raise funds by selling some or all of our assets. Regardless of the manner in which we seek to raise capital, we may incur
substantial costs in those pursuits, including investment banking fees, legal fees, accounting fees, and other related costs.

The
Company may not be able to continue as a going concern.

As
reflected in the accompanying financial statements, during the nine months ended September 30, 2025, the Company incurred a net loss
of $1,934,419 (net of the gain on bargain purchase of $5,602,484 related to the Fola Acquisition) and generated $19,111 of cash in
the Company’s operating activities. The Company estimates, as of September 30, 2025, that it may not have sufficient funds to
operate the business for 12 months given its cash balance of $285,388 and expected revenues to be generated by the Company’s
operating business segments. The Company is actively seeking additional financing and other sources of capital to fund its currently
estimated level of operations. However, these estimates could differ from actual capital needs if the Company’s business
encounters unanticipated difficulties, or if its estimates of the amount of cash necessary to operate its business prove to be
wrong, and the Company uses its available financial resources faster than it currently expects. No assurance can be given that any
future financing or capital, if needed, will be available or, if available, that it will be on terms that are satisfactory to the
Company. Due to these and other factors, there is substantial doubt of the Company’s ability to continue as a going concern. Additionally,
even if the Company does raise sufficient capital to support its operating expenses and generate revenues, there can be no
assurances that the revenue will be sufficient to enable it to develop business to a level where it will generate profits and cash
flows from operations.

Our
limited operating experience could make our operations inefficient or ineffective.

We
have only a limited operating history upon which to base an evaluation of our current business and future prospects and how we will respond
to competitive, financial or technological challenges. In addition