Company: RNGE
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024206
Chunk: 156

Company: RANGE IMPACT, INC.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 156
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 on the following assumptions: (i) volatility rate of 267.24%, (ii) discount rate of 4.70%, (iii) zero expected
dividend yield, and (iv) expected life of 10 years, which is the term of the options. The total fair value of the option grants at their
grant dates was approximately $95,000, $47,500 of which was allocated to general and administrative expenses during the three months
ended June 30, 2024.

During
the three months ended June 30, 2025, the Company recorded $164,490 in stock-based compensation expense. For the three months ended June
30, 2024, the Company recorded $51,990 stock-based compensation expense related to vested stock options. At June 30, 2025, there was
no unamortized cost for outstanding stock-based awards.

A
summary of the Company’s stock option activity during the three months ended June 30, 2025 is as follows:

SCHEDULE
OF STOCK OPTION ACTIVITY 

    Shares  
    Weighted Average Exercise Price 
  
    Balance Outstanding at December 31, 2024 
     11,594,210  
    $0.45 
  
    Granted 
     750,000  
     0.15 
  
    Exchanged 
     -  
     - 
  
    Exercised 
     -  
     - 
  
    Expired 
     (100,834) 
     2.16 
  
    Forfeited 
     -  
     - 
  
    Balance Outstanding at June 30, 2025 
     12,243,376  
    $0.42 
  
    Balance Exercisable at June 30, 2025 
     12,243,376  
    $0.42 

At
June 30, 2025, the 12,243,376 outstanding stock options had $67,630 of intrinsic value.

A
summary of the Company’s stock options outstanding and exercisable as of June 30, 2025 is as follows:

SCHEDULE
OF STOCK OPTION OUTSTANDING   

    Number of Options  
    Weighted Average Exercise Price  
    Weighted Average Grant- Date Stock Price 
  
    Options Outstanding and Exercisable, June 30, 2025 
     100,000