Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 743

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 743
---
     -  
     (9,798,083) 
     (9,798,083)
  
    Net income (loss) 
     -  
     -  
     -  
     (9,798,083) 
     (9,798,083)

    Balance, December 31,
    2024 
     104,727,189  
    $104,727  
    $57,609,560  
    $(56,879,882) 
    $834,405 
  
    Balance 
     104,727,189  
    $104,727  
    $57,609,560  
    $(56,879,882) 
    $834,405 

The
accompanying notes are an integral part of these consolidated financial statements.

F-5

RANGE
IMPACT, INC.

CONSOLIDATED
STATEMENTS OF CASH FLOWS

    Year
    Ended  December 31, 2024  
    Year
    Ended  December 31, 2023 
  
    Cash flows from operating activities: 

    Net income (loss) 
    $(9,798,083) 
    $3,131,055 

    Adjustments to reconcile net income (loss)
    to net cash provided by (used in) operating activities: 

    Gain on bargain purchase 
     -  
     (1,875,150)
  
    Net loss on asset disposals 
     3,677,500  
     - 
  
    Gain on disposition of business 
     (100) 
     - 
  
    Fair value of vested stock options 
     65,460  
     386,530 
  
    Goodwill impairment 
     751,421  
     - 
  
    Fixed asset impairment 
     738,913  
     - 
  
    Depreciation 
     1,868,997  
     1,781,573 
  
    Changes in operating assets and liabilities: 

    Accounts receivable 
     3,970,553  
     (6,204,026)
  
    Unbilled receivables 
     5,788  
     - 
  
    Contract assets 
     92,956  
     (247,310)
  
    Prepaid expenses and