Company: RNGE
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001343
Chunk: 190

Company: RANGE IMPACT, INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 190
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 common stock. Net cash provided by financing activities for the year ended December 31, 2023 consisted of $3,110,000
received from the issuance of common stock and warrants, proceeds of $4,035,250 from long-term debt issued for the Collins Building
acquisition and proceeds of $2,400,000 from lines of credit, offset by the repayment of long-term debt of $1,650,659.

Off-Balance
Sheet Arrangements

We
have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial
condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources
that would be material to stockholders.

Item
7A. Quantitative and Qualitative Disclosures About Market Risk

Not
applicable.

Item
8. Financial Statements and Supplementary Data

The
financial statements required by this item are set forth at the end of this Annual Report beginning on page F-1 and are incorporated
herein by reference.

Item
9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure

None.

29

Item
9A. Controls and Procedures

Evaluation
of Disclosure Controls and Procedures

We
have established disclosure controls and procedures that are designed to ensure that information required to be disclosed in our reports
filed or submitted under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in the rules
and forms of the SEC, and that information relating to the Company is accumulated and communicated to management, including our principal
officers, as appropriate to allow timely decisions regarding required disclosure. Our Chief Executive Officer and Chief Financial Officer
have evaluated the effectiveness of our disclosure controls and procedures as of December 31, 2024 and have concluded that our disclosure
controls and procedures were effective as of December 31, 2024.

Management’s
Annual Report on Internal Control over Financial Reporting

Our
management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Exchange
Act Rule 13a-15. Internal control over financial reporting is defined in Rule 13a-15(f) and 15(d)-15(f) under the Exchange Act as a process
designed to provide reasonable assurance to the Company’s management and Board of Directors regarding the preparation and fair
presentation of published financial statements. Management conducted an assessment of the Company’s internal control over financial
reporting as