Company: RNGE
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010872
Chunk: 22

Company: RANGE IMPACT, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 share. The aggregate proceeds to the Company were approximately $100,000.

6. STOCK OPTIONS

Stock options issued during the three months
ended March 31, 2025 and the three months ended March 31, 2024

No stock options were granted to directors, advisors,
and employees during the three months ended March 31, 2025 or the three months ended March 31, 2024.

For each of the three months ended March 31,
2025 and March 31, 2024, the Company recorded $4,490
in stock-based compensation expense related to vested stock options. At March 31, 2025, there was $51,990
of unamortized cost of the outstanding stock-based awards.

A summary of the Company’s stock option
activity during the three months ended March 31, 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 
     -  
     - 
  
    Exchanged 
     -  
     - 
  
    Exercised 
     -  
     - 
  
    Expired 
     (3,334) 
     3.50 
  
    Forfeited 
     -  
     - 
  
    Balance Outstanding at March 31, 2025 
     11,590,876  
    $0.45 
  
    Balance Exercisable at March 31, 2025 
     11,365,876  
    $0.45 

At March 31, 2025, the 11,590,876 outstanding
stock options had $3,630 of intrinsic value.

    14

A summary of the Company’s stock options
outstanding as of March 31, 2025 is as follows:

SCHEDULE
OF STOCK OPTION OUTSTANDING  

    Number of Options

    Weighted Average Exercise
    Price

    Weighted Average Grant-Date Stock Price

    Options Outstanding, March 31, 2025

    100,000

    $
    0.1337

    $
    0.1337

    3,050,000

    $
    0.18

    $