Company: RNGE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024206
Chunk: 171

Company: RANGE IMPACT, INC.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 171
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 creation plan.

22

Our
estimated total net cash flow for the 12-month period ending June 30, 2026 could decrease if we encounter unanticipated lower revenues
and higher expenses in connection with operating our business as presently planned. In addition, our estimates of the amount of cash
necessary to fund our business may prove to be too low, and we could spend our available financial resources much faster than we currently
expect. If we cannot raise the capital necessary to continue to develop our business, we will be forced to delay, scale back or eliminate
some or all of our proposed operations. If any of these were to occur, there is a substantial risk that our business would fail.

Until
such time as the Company is cash flow positive, we expect to continue funding our operations, at least in part, through equity and debt
financings. However, sources of additional funds may not be available when needed, on acceptable terms, or at all. If we issue equity
or convertible debt securities to raise additional funds or to fund, in whole or in part, acquisitions in furtherance of our business
strategy, our existing stockholders may experience substantial dilution, and the new equity or debt securities may have rights, preferences
and privileges senior to those of our existing stockholders. If we incur additional debt, we would incur additional interest expenses,
and assuming those loans would be available, it would increase our liabilities and future cash commitments. Moreover, 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 and other related costs.

Net
Cash Provided By (Used In) Operating Activities

For
the six months ended June 30, 2025, net cash generated by operating activities was $114,007, comprised of: (i) net income of
$4,301,446; (ii) non-cash depreciation of $125,043; (iii) non-cash accretion expense of $524,033; (iv) add-back of the non-cash
bargain purchase gain of $5,602,484; (v) a gain on asset disposals of $25,668; (vi) non-cash vested stock option expense of
$168,980; (vii) a decrease in current assets of $103,925; and (vii) a decrease in current liabilities of $41,670. For the six months
ended June