UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~March~~June 3130, 2025

☐	TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____ to _____

Commission File Number: 000-53832

RANGE IMPACT, INC.

(Exact name of registrant as specified in its charter)

Nevada

75-3268988

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

200 Park Avenue, Suite 400
Cleveland, OH		44122
(Address of principal executive offices)		(Zip Code)

(216) 304-6556

Registrant’s telephone number, including area code

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbol		Name of each exchange on which registered:
Common Stock		RNGE		OTCQB

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐	Accelerated filer ☐
Non-accelerated filer ☒	Smaller reporting company ☒
	Emerging growth company ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ☐ No ☒

As of ~~May~~August 1514, 2025, there were 108,616,078 shares of the registrant’s common stock, $0.001 par value per share, outstanding.

RANGE IMPACT, INC.

Quarterly Report on Form 10-Q

For the Quarterly Period Ended

~~March 31~~June 30, 2025

INDEX

PART I - FINANCIAL INFORMATION	3
Item 1. Financial Statements (Unaudited)	3
Consolidated Balance Sheets as of March 31, 2025 (Unaudited) and December 31, 2024	4
Consolidated Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024	4
Consolidated Unaudited Statements of Operations for the Three Months Ended March 31, 2025 and March 31, 2024	5
Consolidated Unaudited Statements of Operations for the Three and Six Months Ended June 30, 2025 and June 30, 2024	5
Consolidated Unaudited Statements of Changes in Stockholders’ Equity for the Three Months Ended March 31, 2025 and March 31, 2024	6
Consolidated Unaudited Statements of Changes in Stockholders’ Equity for the Three and Six Months Ended June 30, 2025 and June 30, 2024	6
Consolidated Unaudited Statements of Cash Flows for the Three Months Ended March 31, 2025 and March 31, 2024	7
Consolidated Unaudited Statements of Cash Flows for the Six Months Ended June 30, 2025 and June 30, 2024	7
Notes to the Consolidated Unaudited Financial Statements	8
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	1820
Item 3. Quantitative and Qualitative Disclosures About Market Risk	2325
Item 4. Controls and Procedures	2325
PART II - OTHER INFORMATION	2426
Item 1. Legal Proceedings	2426
Item 1A. Risk Factors	2426
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	2433
Item 6. Exhibits	2434
SIGNATURES	2535

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements (Unaudited)

RANGE IMPACT, INC.

CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2025 (UNAUDITED) AND DECEMBER 31, 2024	4
CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 2025 (UNAUDITED) AND DECEMBER 31, 2024	4
CONSOLIDATED UNAUDITED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND MARCH 31, 2024	5
CONSOLIDATED UNAUDITED STATEMENTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND JUNE 30, 2024	5
CONSOLIDATED UNAUDITED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND MARCH 31, 2024	6
CONSOLIDATED UNAUDITED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025 AND JUNE 30, 2024	6
CONSOLIDATED UNAUDITED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND MARCH 31, 2024	7
CONSOLIDATED UNAUDITED STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND JUNE 30, 2024	7
NOTES TO THE CONSOLIDATED UNAUDITED FINANCIAL STATEMENTS	8

RANGE IMPACT, INC.

CONSOLIDATED BALANCE SHEETS

	March 31, 2025 (unaudited)			December 31, 2024
	June 30, 2025 (unaudited)			December 31, 2024
Assets
Current Assets
Cash and cash equivalents	$	~~252~~48,~~695~~312		$	167,286
Accounts receivable		~~153~~257,~~938~~207			3,209,070
Contract assets		-			154,354
Prepaid expenses		67,~~822~~362			28,723
Equipment held for sale		733,613			733,613
Deposits		5,137			-
Total current assets		1,208,068			4,293,046
Equipment held for sale		833,613			733,613
Total current assets		1,211,631			4,293,046
Long-term Assets
Land		5256,~~648~~618,~~968~~965			1,008,897
Property and equipment, net of accumulated depreciation		~~585~~386,~~669~~896			890,772
Deposits		5,614			-
Total long-term assets		57,005,861			1,899,669
Total long-term assets		53,240,251			1,899,669
Total Assets	$	58,217,492		$	6,192,715
Total Assets	$	54,448,319		$	6,192,715
Liabilities and Stockholders’ Equity
Current Liabilities
Line of credit	$	21,~~000~~800,000		$	2,000,000
Current portion of long-term debt		~~474~~854,~~781~~246			789,719
Accounts payable		~~444~~503,~~419~~145			556,562
Accrued expenses		~~148~~769,~~377~~476			197,328
Total current liabilities		3,~~067~~926,~~577~~867			3,543,609
Long-term Liabilities
Long-term debt, net of current portion		1,~~763~~228,~~149~~031			1,814,701
Asset retirement obligation		4347,~~079~~157,~~071~~763			-
Total long-term debt		44,842,220			1,814,701
Total long-term liabilities		48,385,794			1,814,701
Total liabilities		4752,~~909~~312,~~797~~661			5,358,310
Stockholders’ Equity
Common stock, par value $0.001 per share; 1,000,000,000 shares authorized; 108,616,078 and 104,727,189 shares issued and outstanding, respectively		108,616			104,727
Additional paid-in-capital		58,~~210~~374,~~161~~651			57,609,560
Accumulated deficit		(5152,~~780~~578,~~255~~436	)		(56,879,882	)
Total stockholders’ equity		65,~~538~~904,~~522~~831			834,405
Total Liabilities and Stockholders’ Equity	$	5458,~~448~~217,~~319~~492		$	6,192,715

See accompanying notes to the consolidated financial statements.

RANGE IMPACT, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	2025			2024			2025			2024
	Three Months Ended March 31,
	Three Months Ended June 30,						Six Months Ended June 30,
	2025			2024			2025			2024
Revenues	$	~~695~~1,~~701~~391,482		$	32,~~909~~349,~~893~~738		$	2,087,183		$	6,259,631
Cost of services		~~691~~883,~~850~~160			32,~~891~~498,~~039~~667			1,575,010			6,389,706
Gross profit		3,851			18,854
Gross profit (loss)		508,322			(148,929	)		512,173			(130,075	)
Operating expenses:
General and administrative		~~559~~624,~~147~~771			~~943~~697,~~901~~699			1,183,918			1,641,600
Total operating expenses		~~559~~624,~~147~~771			~~943~~697,~~901~~699			1,183,918			1,641,600
Loss from operations		(555,296	)		(925,047	)
Profit (loss) from operations		(116,449	)		(846,628	)		(671,745	)		(1,771,675	)
Other income (expense):
Other income		~~83,627~~-			~~18,105~~485			83,627			18,590
Gain on bargain purchase		~~5,602,484~~-			-			5,602,484			-
Gain on sale of fixed assets		59,680			-
Gain (loss) on sale of fixed assets		(34,012	)		-			25,668			-
Interest expense		(90,868	)		(175,258	)
Deficiency claim on returned equipment		(560,402	)		-			(560,402	)		-
Total other income (expense)		5,654,923			(157,153	)
Interest expense		(87,318	)		(165,660	)		(178,186	)		(340,918	)
Income (loss) from continuing operations		5,099,627			(1,082,200	)
Total other income (expense)		(681,732	)		(165,175	)		4,973,191			(322,328	)
Loss from discontinued operations		-			(131,640	)
Income (loss) from continuing operations		(798,181	)		(1,011,803	)		4,301,446			(2,094,003	)
Net income (loss)	$	5,099,627		$	(1,213,840	)
Loss from discontinued operations		-			(157,278	)		-			(288,918	)
Net income (loss) per share – basic and diluted	$	0.05		$	(0.01	)
Income tax expense		-			56,600			-			56,600
Weighted average number of common shares outstanding – basic and diluted		104,732,848			101,023,485
Net income (loss)	$	(798,181	)	$	(1,225,681	)	$	4,301,446		$	(2,439,521	)
Net profit (loss) per share – basic and diluted	$	(0.01	)	$	(0.01	)	$	0.04		$	(0.02	)
Weighted average number of common shares outstanding – basic and diluted		108,094,100			101,552,586			106,406,032			101,288,035

See accompanying notes to the consolidated financial statements.

RANGE IMPACT, INC.

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(Unaudited)

	Three Months Ended March 31, 2025
	Three Months Ended June 30, 2025
	Common Stock				Additional
	Number of Shares		Amount		Paid-in Capital		Accumulated Deficit			Total
Balance as of December 31, 2024		104,727,189	$	104,727	$	57,609,560	$	(56,879,882	)	$	834,405
Balance as of March 31, 2025		108,616,078	$	108,616	$	58,210,161	$	(51,780,255	)	$	6,538,522
Shares issued		~~3,888,889~~-		~~3,889~~-		~~596,111~~-		-			~~600,000~~-
Stock based compensation		-		-		4164,490		-			4164,490
Net income		-		-		-		5,099,627			5,099,627
Net loss		-		-		-		(798,181	)		(798,181	)
Balance as of March 31, 2025 (Unaudited)		108,616,078	$	108,616	$	58,210,161	$	(51,780,255	)	$	6,538,522
Balance as of June 30, 2025 (Unaudited)		108,616,078	$	108,616	$	58,374,651	$	(52,578,436	)	$	5,904,831

	Three Months Ended March 31, 2024
	Three Months Ended June 30, 2024
	Common Stock				Additional
	Number of Shares		Amount		Paid-in Capital		Accumulated Deficit			Total
Balance as of December 31, 2023		101,023,485	$	101,023	$	56,547,804	$	(47,081,799	)	$	9,567,028
Balance as of March 31, 2024		101,023,485	$	101,023	$	56,552,294	$	(48,295,639	)	$	8,357,678
Balance		101,023,485	$	101,023	$	56,547,804	$	(47,081,799	)	$	9,567,028
Shares issued		3,703,704		3,704		996,296		-			1,000,000
Stock based compensation		-		-		451,~~490~~990		-			451,~~490~~990
Net loss		-		-		-		(1,~~213~~225,~~840~~681	)		(1,~~213~~225,~~840~~681	)
Net income (loss)		-		-		-		(1,213,840	)		(1,213,840	)
Balance as of June 30, 2024 (Unaudited)		104,727,189	$	104,727	$	57,600,580	$	(49,521,320	)	$	8,183,987
Balance as of March 31, 2024 (Unaudited)		101,023,485	$	101,023	$	56,552,294	$	(48,295,639	)	$	8,357,678
Balance		101,023,485	$	101,023	$	56,552,294	$	(48,295,639	)	$	8,357,678

See accompanying notes to the consolidated financial statements.

	Six Months Ended June 30, 2025
	Common Stock				Additional
	Number of Shares		Amount		Paid-in Capital		Accumulated Deficit			Total
Balance as of December 31, 2024		104,727,189	$	104,727	$	57,609,560	$	(56,879,882	)	$	834,405
Shares issued for cash		3,888,889		3,889		596,111		-			600,000
Stock based compensation		-		-		168,980		-			168,980
Net profit		-		-		-		4,301,446			4,301,446
Balance as of June 30, 2025		108,616,078	$	108,616	$	58,374,651	$	(52,578,436	)	$	5,904,831

	Six Months Ended June 30, 2024
	Common Stock				Additional
	Number of Shares		Amount		Paid-in Capital		Accumulated Deficit			Total
Balance as of December 31, 2023		101,023,485	$	101,023	$	56,547,804	$	(47,081,799	)	$	9,567,028
Balance		101,023,485	$	101,023	$	56,547,804	$	(47,081,799	)	$	9,567,028
Shares issued for cash		3,703,704		3,704		996,296		-			1,000,000
Stock based compensation		-		-		56,480		-			56,480
Net loss		-		-		-		(2,439,521	)		(2,439,521	)
Net profit (loss)		-		-		-		(2,439,521	)		(2,439,521	)
Balance as of June 30, 2024		104,727,189	$	104,727	$	57,600,580	$	(49,521,320	)	$	8,183,987
Balance		104,727,189	$	104,727	$	57,600,580	$	(49,521,320	)	$	8,183,987

~~RANGE~~See accompanying ~~IMPACT,~~notes ~~INC~~to the consolidated financial statements.

~~CONSOLIDATED STATEMENTS OF CASH FLOWS~~6

~~(Unaudited)~~RANGE IMPACT, INC.

	2025			2024
	Three Months Ended March 31,
	2025			2024
Cash flows from operating activities:
Net income (loss)	$	5,099,627		$	(1,213,840	)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Gain on bargain purchase		(5,602,484	)		-
Net gain on asset disposals		(59,680	)		-
Fair value of vested stock options		4,490			4,490
Depreciation		84,783			638,435
Changes in operating assets and liabilities:
Accounts receivable		96,615			1,181,634
Contract assets		154,354			(379,115	)
Prepaid expenses and other current assets		(39,099	)		24,568
Deposits		(5,614	)		-
Accounts payable		(112,142	)		(2,007,621	)
Contract liabilities		-			205,327
Accrued expenses		(48,951	)		433,077
Net cash (used in) operating activities		(428,101	)		(1,113,045	)
Cash flows from investing activities:
Equipment purchases		(100,000	)		-
Proceeds from asset sales		380,000			-
Net cash provided by investing activities		280,000			-
Cash flows from financing activities:
Proceeds from stock issuance		600,000			-
Repayment of long-term debt		(366,490	)		(396,057	)
Net cash provided by (used in) financing activities		233,510			(396,057	)
Net increase (decrease) in cash and cash equivalents		85,409			(1,509,102	)
Cash and cash equivalents - beginning of period		167,286			2,176,800
Cash and cash equivalents - end of period	$	252,695		$	667,698
Supplemental disclosure of cash flow information:
Cash paid during the period for:
Interest	$	23,851		$	89,570

CONSOLIDATED STATEMENTS OF CASH FLOWS

~~See accompanying notes to the consolidated financial statements.~~(Unaudited)

	2025			2024
	Six Months Ended June 30,
	2025			2024
Cash flows from operating activities:
Net income (loss)	$	4,301,446		$	(2,439,521	)

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Gain on bargain purchase		(5,602,484	)		-
Net gain on asset disposals		(25,668	)		-
Deficiency claims on returned equipment		560,402			-
Fair value of vested stock options		168,980			56,480
Depreciation		125,043			1,276,872
Accretion on asset retirement obligations		524,033			-
Changes in operating assets and liabilities:
Accounts receivable		(6,653	)		2,796,626
Contract assets		154,354			(1,127,652	)
Inventory		-			(725,429	)
Prepaid expenses and other current assets		(38,639	)		73,121
Deposits		(5,137	)		150,000
Accounts payable		(53,416	)		(1,677,147	)
Accrued expenses		11,746			(46,881	)
Net cash provided by (used in) operating activities		114,007			(1,663,531	)

Cash flows from investing activities:
Cash paid for asset retirement obligations		(415,338	)		-
Equipment purchases		(100,000	)		-
Proceeds from asset sales		404,500			-
Net cash (used in) investing activities		(110,838	)		-

Cash flows from financing activities:
Proceeds from stock issuance		600,000			1,000,000
Repayment of line of credit		(200,000	)		(200,000	)
Repayment of long-term debt		(522,143	)		(1,189,556	)
Net cash (used in) financing activities		(122,143	)		(389,556	)

Net (decrease) in cash and cash equivalents		(118,974	)		(2,053,087	)

Cash and cash equivalents - beginning of period		167,286			2,176,800
Cash and cash equivalents - end of period	$	48,312		$	123,713

Supplemental disclosure of cash flow information:
Cash paid during the period for:
Interest	$	110,215		$	251,348

~~RANGE~~See accompanying ~~IMPACT,~~notes ~~INC~~to the consolidated financial statements.

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~7

~~THREE MONTHS ENDED MARCH 31~~RANGE IMPACT, ~~2025 AND 2024~~INC.

~~(Unaudited)~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

THREE AND 1.SIX ~~BUSINESS~~MONTHS ~~OPERATIONS~~ENDED ~~AND~~JUNE ~~SUMMARY~~30, OF2025 ~~SIGNIFICANT~~AND ~~ACCOUNTING POLICIES~~2024

~~Range Impact, Inc.~~ (~~the “Company”, “we”, “us” or “our”~~Unaudited)~~, was incorporated in the State of Nevada on June 29, 2007.~~

~~Originally founded in 2007 as Legend Mining Inc~~1.~~, the Company began operations as a mineral extraction exploration business. In 2011, the Company changed its name to Stevia~~ ~~First~~BUSINESS ~~Corp.~~OPERATIONS ~~and~~AND ~~pursued~~SUMMARY aOF ~~new~~SIGNIFICANT ~~strategy~~ACCOUNTING focused on developing stevia-based additives for the food and beverage industry. In 2015, the Company changed its name to Vitality Biopharma, Inc. and pursued a new strategy focused on developing cannabinoid-based prodrugs anticipated to treat inflammatory conditions of the gastrointestinal tract. In October 2021, the Company changed its name to Malachite Innovations, Inc. and expanded its corporate strategy to include impact investing.POLICIES

~~In May 2022, the Company acquired~~ Range ~~Environmental Resources~~ Impact, Inc.~~, a~~ ~~West Virginia corporation~~ (~~“Range~~the ~~Environmental~~“Company”~~) and Range Natural Resources~~, ~~Inc.~~“we”, ~~a West Virginia corporation (~~“~~Range Natural~~us”) toor provide land reclamation and water restoration services to mining and non-mining customers throughout the Appalachian region. In August 2023, the Company acquired Collins Building & Contracting, Inc., a West Virginia corporation (“~~Collins Building~~our”), an ~~environmental~~was ~~services~~incorporated ~~business~~in ~~primarily focusing on~~ the ~~reclamation~~State of ~~abandoned~~Nevada on ~~mine~~June ~~land sites in West Virginia~~29, ~~as described in more detail in Note 2~~2007.

InOriginally founded ~~September~~in ~~2023~~2007 as Legend Mining Inc., the Company, ~~through~~began ~~its~~operations ~~wholly-owned~~as ~~subsidiary~~a ~~CLV Azurite~~mineral ~~Land,~~extraction ~~LLC,~~exploration ~~acquired~~business. 1In 2011,~~745~~ ~~acres~~the ofCompany changed ~~surface~~its ~~land~~name to Stevia First Corp. and ~~mineral~~pursued ~~interests~~a atnew ~~the~~strategy ~~Hobet~~focused ~~mine~~on ~~complex~~developing ~~(“Hobet~~stevia-based ~~Mine”)~~additives ~~located in~~for ~~Lincoln~~the food and ~~Boone~~beverage industry. ~~Counties~~In 2015, ~~West~~the ~~Virginia,~~Company ~~from~~changed ~~three~~its ~~private~~name ~~landowners~~to inVitality ~~three~~Biopharma, ~~separate~~Inc. ~~transactions~~and ~~for~~pursued a ~~total~~new ~~cash~~strategy ~~purchase~~focused ~~price~~on developing cannabinoid-based prodrugs anticipated to treat inflammatory conditions of ~~$948~~the gastrointestinal tract. In October 2021,~~376~~ ~~(“Hobet~~the ~~Acquisition”)~~Company changed its name to Malachite Innovations, Inc. and expanded its corporate strategy to include impact investing.

In May ~~December 2023~~2022, the Company ~~changed~~acquired ~~its name to~~ Range ~~Impact~~Environmental Resources, Inc., ~~and~~a ~~reorganized~~West ~~into~~Virginia ~~five~~corporation ~~operating business segments:~~ (i“Range Environmental”) and Range ~~Reclaim~~Natural Resources, ~~(ii)~~Inc., ~~Range~~a ~~Water,~~West ~~(iii)~~Virginia ~~Range Security,~~corporation (iv“Range Natural”) ~~Range~~to ~~Land,~~provide land reclamation and ~~(v)~~water ~~Drug~~restoration services ~~Development~~to mining and non-mining customers throughout the Appalachian region. In ~~January~~August ~~2024~~2023, the Company ~~added~~acquired ~~Range~~Collins ~~Minerals~~Building & asContracting, Inc., a ~~sixth~~West ~~operating~~Virginia ~~business segment.~~corporation ~~Range~~(“Collins ~~Minerals~~Building”), ~~was~~an ~~previously~~environmental ~~reported~~services ~~within~~business primarily focusing on the ~~Range~~reclamation ~~Reclaim~~of ~~operating~~abandoned ~~business~~mine ~~segment.~~land ~~The~~sites ~~Drug~~in ~~Development~~West ~~segment was~~Virginia, ~~also~~as ~~renamed~~described ~~Graphium~~in ~~Biosciences~~more detail in Note 2.

In August ~~2024~~2023, the Company ~~sold~~ ~~substantially~~acquired ~~all of the assets of~~ Collins Building to& ~~its~~Contracting, ~~previous~~Inc., ~~owner~~a inWest ~~exchange~~Virginia ~~for~~corporation ~~the cancellation of all remaining debt owed to him~~ (“Collins ~~Sale~~Building”)~~. In September 2024~~, ~~the~~an ~~Company~~environmental ~~sold~~services business ~~Graphium~~primarily ~~Biosciences,~~focusing ~~Inc.~~on ~~and~~the ~~all~~reclamation of ~~its~~abandoned ~~drug development~~mine ~~assets~~land ~~(“Graphium~~sites ~~Sale”). The Collins Sale and Graphium Sale are described~~ in ~~more~~West ~~detail in Note 4~~Virginia.

In September ~~March 2025~~2023, the Company, through its wholly-owned subsidiary ~~Range~~CLV ~~Sky~~Azurite ~~View~~ Land, LLC, acquired ~~120~~1,~~154~~745 acres of ~~fee,~~ surface land and mineral interests at the ~~Fola~~Hobet mine complex (“~~Fola~~ Hobet Mine”) located in ~~Clay~~Lincoln and ~~Nicholas~~Boone Counties, West Virginia ~~(“Fola Acquisition”). As part of the Fola Acquisition~~, ~~the Company~~from ~~acquired~~three ~~15 mining permits at the Fola Mine with an estimated reclamation obligation of $29.3 million and assumed an obligation~~private tolandowners ~~manage~~in anthree ~~additional~~separate 16transactions ~~mining~~for ~~permits at the Fola Mine with an estimated reclamation obligation of $13.8 million. The Company also assumed two coal royalty contracts and one 25-year solar lease with~~ a ~~multi-national~~total ~~corporation~~cash ~~for~~purchase ~~the~~price ~~development~~ of ~~a large-scale solar project located on more than 1~~$948,~~000~~376 ~~acres~~(“Hobet ~~at the Fola Mine. The Fola~~ Acquisition ~~is described in more detail in Note 3~~”).

AsIn December a2023, ~~result~~the ofCompany ~~the~~changed ~~various~~its ~~transactions referenced~~name into ~~this~~Range ~~Note~~Impact, 1Inc., ~~the~~and ~~Company has~~ reorganized ~~its operations~~ into ~~two~~five operating business segments: (i) Range Reclaim, (ii) Range Water, (iii) Range Security, (iv) Range Land, and (iiv) Drug Development. In January 2024, the Company added Range Minerals as a sixth operating business segment. Range ~~Services~~Minerals was previously reported within the Range Reclaim operating business segment. The Drug Development segment was also renamed Graphium Biosciences.

~~Going~~In August ~~Concern~~2024, the Company sold substantially all of the assets of Collins Building to its previous owner in exchange for the cancellation of all remaining debt owed to him (“Collins Sale”).

~~The~~In ~~accompanying financial~~September ~~statements have been prepared on a going concern basis~~2024, ~~which contemplates~~ the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the three months ended March 31, 2025, the Company ~~incurred~~sold aGraphium ~~net loss of $502~~Biosciences,~~857 (net~~ ofInc. ~~the gain on bargain purchase of $5,602,484 related to the Fola Acquisition)~~ and ~~used $428,101~~all of ~~cash~~its indrug ~~the~~development ~~Company’s~~assets ~~operating~~(“Graphium ~~activities~~Sale”). ~~These~~The ~~factors~~Collins ~~raise~~Sale ~~substantial~~and ~~doubt~~Graphium ~~about~~Sale ~~the Company’s ability to continue as a going concern within one year of the date that the financial statements~~ are ~~issued.~~described ~~The~~in ~~financial~~more ~~statements~~detail doin ~~not~~Note ~~include any adjustments that might be necessary should the Company be unable to continue as a going concern~~4.

~~The ability to~~In ~~continue~~March as2025, athe ~~going~~Company, ~~concern~~through isits ~~dependent~~wholly-owned onsubsidiary ~~the~~Range ~~Company~~Sky ~~attaining~~View ~~and~~Land, ~~maintaining~~LLC, ~~profitable~~acquired ~~operations~~120,154 acres inof ~~the~~fee, ~~future~~surface and~~/or~~ ~~raising additional~~mineral ~~capital~~interests toat ~~meet~~the ~~its~~Fola ~~obligations~~mine complex ~~and~~(“Fola ~~repay~~Mine”) ~~its~~located ~~liabilities~~in ~~arising~~Clay ~~from~~and ~~normal~~Nicholas ~~business~~Counties, ~~operations~~West ~~when~~Virginia ~~they~~(“Fola ~~come due~~Acquisition”). ~~The Company~~As ~~estimates,~~part as of ~~March~~the Fola 31Acquisition, ~~2025,~~the ~~that~~Company itacquired ~~may~~15 ~~not~~mining ~~have~~permits ~~sufficient~~at ~~funds to operate~~ the ~~business~~Fola ~~for~~Mine 12with ~~months~~an ~~given~~estimated ~~its~~reclamation ~~cash balance~~obligation of $~~252,695~~29.3 million and ~~expected~~assumed ~~revenues~~an obligation to bemanage ~~generated~~an byadditional ~~the Company’s operating business segments. The Company is~~21 ~~actively~~mining ~~seeking~~permits ~~additional~~at ~~financing~~the ~~and~~Fola ~~other~~Mine ~~sources~~with ofa ~~capital~~reclamation tobond ~~fund~~amount ~~its currently estimated level~~ of ~~operations~~$13. ~~However,~~8 ~~these~~million. ~~estimates~~The ~~could~~Company ~~differ~~also ~~from~~assumed ~~actual~~two ~~capital~~coal ~~needs~~royalty ifcontracts and ~~the~~one ~~Company’s~~25-year ~~business~~solar ~~encounters~~lease ~~unanticipated~~with ~~difficulties,~~a ormulti-national ifcorporation ~~its~~for ~~estimates of~~ the ~~amount~~development of ~~cash~~a ~~necessary~~large-scale tosolar ~~operate~~project ~~its~~located ~~business~~on ~~prove~~more ~~to be wrong~~than 1,000 acres ~~and~~at the ~~Company~~Fola ~~uses its available financial resources faster than it currently expects~~Mine. NoThe ~~assurance~~Fola ~~can~~Acquisition beis ~~given~~described ~~that any future financing or capital, if needed, will be available or,~~in ifmore ~~available,~~detail ~~that~~in itNote ~~will be on terms that are satisfactory to the Company~~3.

8On May 30, 2025, Range Sky View Land LLC (“Range Sky”), a wholly-owned subsidiary of the Company, entered into a Transaction Advisory Agreement (“Advisory Agreement”) with AppleAtcha Land, LLC (“AppleAtcha”) and WV Reclaim Co, LLC (“Reclaim”) pursuant to which AppleAtcha and Reclaim agreed to pay Range Sky $750,000 and $25,000, respectively (collectively, the “Advisory Fee”), in consideration of Range Sky’s provision of transition advisory services in connection with the sale by AppleAtcha and Reclaim of (i) approximately 424.80 acres of surface interests and 3,773.60 acres of mineral interests and (ii) three (3) related mining permits ((i) and (ii) collectively referred to herein as the “Ramp Run Mine”). The Advisory Fee is due and payable only upon the closing of the sale of the Ramp Run Mine to a third-party (the “Payment Condition”). The Advisory Agreement is terminable by any of the parties on written notice to the others provided that in the event that the Payment Condition is satisfied within 120 days after the date of a termination by Reclaim and AppleAtcha, then in such case, Range Sky would still be entitled to receive the Advisory Fee payable in full on the closing date of the sale. The Agreement also contains terms and conditions that are customary and typical for a transaction of this nature.

~~Basis~~AppleAtcha is a wholly-owned subsidiary of ~~Presentation~~Fola Landholding, LLC (“Fola Holding”). Fola Holding is 80%-owned by Tower IV, LLC, an investment entity owned by the daughters of Joseph E. LoConti, the Company’s largest shareholder (“LoConti”). Devica Capital, LLC (“Devica”) owns the remaining 20% of AppleAtcha. Michael Cavanaugh (“Cavanaugh”), the Company’s Chief Executive Officer and member of the Company’s board of directors, owns 100% of Devica. LoConti and Cavanaugh are managers of Fola Holding and AppleAtcha. LoConti also indirectly owns approximately 9% of the outstanding stock of Continental Heritage Insurance Company, a specialty insurance company, which has issued the reclamation bonds associated with the Ramp Run Mine.

~~The~~In ~~accompanying~~June ~~consolidated~~2025, ~~financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) and with~~ the ~~instructions to Form 10-K and Article 8 of Regulation S-X. The consolidated financial statements include the accounts of the~~ Company, ~~and~~through its wholly- owned ~~subsidiaries:~~ ~~CLV~~subsidiary ~~Azurite~~Range Sky View Land LLC, ~~Collins~~acquired ~~Building~~two &mining ~~Contracting,~~permits at ~~Inc.,~~the ~~Graphium~~Fola ~~Biosciences,~~Mine ~~Inc. (sold in September 2024~~ and ~~included~~assumed inan ~~discontinued~~associated ~~operations~~coal inmining ~~2024),~~lease ~~Range~~(“Winoc ~~Environmental Resources, Inc~~Acquisition”)., ~~Range~~As ~~Land,~~part ~~LLC,~~of ~~Range~~the ~~Minerals, LLC,~~Winoc ~~Range Natural Resources~~Acquisition, ~~Inc., Range Reclaim, LLC, Range Rock Creek Land, LLC, Range Security, LLC, Range Security Resources,~~the ~~LLC,~~Company ~~Range~~recognized ~~Sky~~an ~~View~~asset ~~Land,~~retirement ~~LLC,~~obligation ~~Range~~of ~~Water~~$10, ~~LLC~~399,477 and ~~Terra~~derecognized ~~Preta,~~a ~~LLC,~~reclamation ~~and~~bond ~~have~~obligation ~~been prepared in accordance with accounting principles generally accepted in the United States~~ of ~~America~~$5,184,920. ~~Intercompany balances and transactions have been eliminated in consolidation.~~

~~Reclassifications~~As a result of the various transactions referenced in this Note 1, the Company has reorganized its operations into two operating business segments: (i) Range Land and (ii) Range Services.

~~Certain prior period amounts have been reclassified~~Going ~~to conform with the current period’s presentation.~~Concern

~~Use~~The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of ~~Estimates~~assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the six months ended June 30, 2025, the Company incurred a net loss of $1,301,038 (net of the gain on bargain purchase of $5,602,484 related to the Fola Acquisition) and used $118,974 of cash in the Company’s activities. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued. The financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern.

The ability ~~preparation~~to ofcontinue ~~financial~~as ~~statements~~a ingoing ~~conformity with~~concern ~~accounting~~is ~~principles~~dependent ~~generally~~on ~~accepted~~the Company attaining and maintaining profitable operations in the ~~United~~future ~~States~~and/or raising ofadditional ~~America~~capital ~~requires~~to ~~management~~meet toits ~~make~~obligations and repay its liabilities arising from normal business operations when they come due. The Company estimates, ~~and~~as ~~assumptions~~of June 30, 2025, that ~~affect~~ it may not have sufficient funds to operate the ~~reported~~business ~~amounts~~for 12 months given its cash balance of ~~assets~~$48,312 and ~~liabilities~~expected revenues to be generated by the Company’s operating business segments. The Company is actively seeking additional financing and ~~disclosure~~other sources of ~~contingent~~capital ~~assets~~to ~~and~~fund ~~liabilities~~its atcurrently ~~the~~estimated ~~date~~level of ~~the~~operations. ~~financial~~However, these estimates ~~statements~~could ~~and~~differ from actual capital needs if the ~~reported~~Company’s ~~amounts~~business encounters unanticipated difficulties, or if its estimates of the ~~revenues~~amount ~~and~~of ~~expenses~~cash ~~during~~necessary to operate its business prove to be wrong, and the ~~period~~Company uses its available financial resources faster than it currently expects. ~~Actual~~No ~~results~~assurance ~~could~~can ~~differ~~be ~~from~~given ~~those~~that ~~estimates~~any future financing or capital, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company.

~~Discontinued Operations~~8

~~During the third quarter of 2024, the Company~~Basis ~~sold its wholly-owned subsidiary Graphium Biosciences, Inc. In accordance with GAAP, assets and liabilities~~ of discontinued operations are presented separately in the Consolidated Balance Sheets, and results of discontinued operations are reported as a separate component of consolidated net loss or net income in the Consolidated Statements of Operations, for all periods presented, resulting in changes to the presentation of certain prior period amounts.Presentation

~~Refer~~The accompanying toconsolidated ~~Note~~financial 4statements ~~for~~have ~~additional~~been ~~discussion~~prepared ~~of discontinued~~in ~~operations~~accordance ~~and~~with ~~disposition~~generally ofaccepted ~~assets.~~accounting ~~All~~principles ~~other~~(GAAP) and ~~notes~~with the instructions to ~~these~~Form 10-K and Article 8 of Regulation S-X. The consolidated financial statements ~~present~~include the ~~results~~accounts of ~~continuing~~the ~~operations~~Company and ~~exclude~~its ~~amounts~~wholly-owned ~~related~~subsidiaries: toCLV Azurite Land LLC, Collins Building & Contracting, Inc., Graphium Biosciences, Inc. (sold in September 2024 and included in discontinued operations ~~for~~in ~~all~~2024), ~~periods~~Range ~~presented~~Environmental Resources, Inc., Range Land, LLC, Range Minerals, LLC, Range Natural Resources, Inc., Range Reclaim, LLC, Range Rock Creek Land, LLC, Range Security, LLC, Range Security Resources, LLC, Range Sky View Land, LLC, Range Water, LLC, and Terra Preta, LLC, and have been prepared in accordance with accounting principles generally accepted in the United States of America. Intercompany balances and transactions have been eliminated in consolidation.

~~Business Combinations~~Reclassifications

~~Business combinations are accounted for using~~Certain ~~the~~prior ~~purchase~~period ~~method~~amounts ofhave ~~accounting~~been ~~under~~reclassified ~~ASC 805, “Business Combinations”. This method requires the Company~~ to ~~record~~conform ~~assets and~~with ~~liabilities of~~ the ~~businesses~~current ~~acquired~~period’s ~~at their estimated fair values as of the acquisition date~~presentation. Any excess of the cost of the acquisition over the fair value of the net assets acquired is recorded as goodwill. Any excess of the fair value of the net assets acquired over the cost of the acquisition is accounted for as a bargain purchase gain. Determining the fair value requires management to make estimates and assumptions including discount rates, rates of return on assets, and long-term sales growth rates.

~~Revenue~~Use of ~~Recognition~~Estimates

The preparation ~~Company~~of ~~recognizes~~financial ~~revenue~~statements ~~under~~in ~~ASC~~conformity ~~606, “Revenue from Contracts~~ with ~~Customers”.~~accounting ~~The~~principles ~~core~~generally ~~principle~~accepted ofin the ~~ASC~~United ~~606~~States ~~revenue~~of ~~standard~~America ~~is that a company should recognize~~requires ~~revenue~~management byto ~~analyzing~~make ~~the~~estimates ~~following~~and ~~five~~assumptions ~~steps:~~that ~~(1)~~affect ~~identify~~ the ~~contract~~reported ~~with~~amounts ~~the~~of ~~customer;~~assets ~~(2)~~and ~~identify~~liabilities ~~the~~and ~~performance~~disclosure ~~obligations~~of contingent inassets ~~the~~and ~~contract;~~liabilities ~~(3)~~at ~~determine~~ the ~~transaction~~date ~~price;~~of ~~(4) allocate~~ the ~~transaction~~financial ~~price~~statements toand the ~~performance~~reported ~~obligations~~amounts inof ~~the~~revenues ~~contract;~~ and ~~(5)~~expenses ~~recognize~~during ~~revenue~~the ~~when~~period. ~~(or~~Actual results ~~as)~~could ~~each~~differ ~~performance~~from ~~obligation~~those ~~is satisfied~~estimates.

~~The Company primarily invoices customers and~~Discontinued recognizes revenue on a periodic basis for equipment and labor hours provided to a customer on a particular job based on an agreed-upon hourly rate sheet or a fixed amount for a project. The Company also invoices customers and recognizes revenue for equipment mobilization fees and materials and supplies required to complete a project. The Company invoices for the sales of chemicals, stone and other products and recognizes revenue when the products are delivered to the customer’s designated site or when control of these products is transferred to its customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products. Sales taxes and other taxes that the Company collects concurrent with revenue producing activities are excluded from revenue. Costs for equipment, labor and chemicals are generally expensed as incurred since the projects are generally short-term and not subject to a contract. The Company also invoices customers for the provision of environmental security services at an agreed-upon hourly rate for each project. All revenue is recognized at a point in time.Operations

~~The Company recognizes revenue on reclamation~~During ~~contracts over time as performance obligations are satisfied due to~~ the ~~continuous~~third ~~transfer~~quarter of ~~control~~2024, to the ~~customer. The~~ Company~~’s contracts~~ ~~are~~sold ~~generally~~its ~~accounted~~wholly-owned ~~for~~subsidiary asGraphium aBiosciences, ~~single~~Inc. ~~performance~~In ~~obligation~~accordance ~~since~~with ~~the~~GAAP, ~~Company~~assets isand liabilities ~~providing a significant service~~ of ~~integrating components~~discontinued ~~into~~operations aare ~~single~~presented ~~project.~~separately ~~The~~in ~~Company~~the ~~recognizes~~Consolidated ~~revenue~~Balance ~~using~~Sheets, aand ~~cost-based~~results ~~input~~of ~~method~~discontinued ~~by which actual costs incurred relative~~operations toare ~~total~~reported ~~estimated contract costs determine,~~ as a ~~percentage,~~separate ~~progress~~component ~~toward~~of ~~contract~~consolidated ~~completion.~~net ~~This~~loss ~~percentage~~or isnet ~~applied~~income toin the ~~contract~~ ~~price~~Consolidated toStatements ~~determine the amount~~ of ~~revenue~~Operations, tofor ~~recognize.~~all ~~The Company believes the cost-based input method is the most faithful~~periods ~~depiction~~presented, ofresulting ~~performance~~in ~~because~~changes itto ~~directly measures~~ the ~~value~~presentation of ~~the~~certain ~~services~~prior ~~transferred~~period ~~to the customer~~amounts.

~~Contract~~Refer to ~~Estimates~~Note 4 for additional discussion of discontinued operations and disposition of assets. All other notes to these consolidated financial statements present the results of continuing operations and exclude amounts related to discontinued operations for all periods presented.

~~Due to the nature of the Company’s performance~~Business obligations, the estimation of total revenue and cost at completion is subject to many variables and requires significant judgment. Since a significant change in one or more of these variables could affect the profitability of contracts, the Company reviews and updates contract-related estimates regularly through a review process in which the Company reviews the progress and execution of performance obligations and the estimated cost at completion.Combinations

~~The~~Business combinations ~~Company~~are ~~recognizes~~accounted ~~adjustments~~for inusing ~~estimated profit~~the onpurchase ~~contracts~~method of accounting under ~~the~~ASC ~~cumulative~~805, ~~catch-up~~“Business ~~method~~Combinations”. ~~Under~~This ~~this~~ method, requires the ~~impact~~Company to record assets and liabilities of the ~~adjustment~~businesses onacquired ~~profit~~at ~~recorded~~their toestimated ~~date is~~fair ~~recognized~~values inas of the ~~period~~acquisition date. ~~the~~Any ~~adjustment~~excess isof ~~identified.~~the ~~Revenue~~cost ~~and~~of ~~profit~~the inacquisition ~~future~~over ~~periods~~the fair value of ~~contract~~the ~~performance~~net assets acquired is ~~recognized using~~recorded as goodwill. Any excess of the ~~adjusted~~fair ~~estimate.~~value Ifof atthe ~~any~~net ~~time~~assets acquired over the ~~estimate~~cost of ~~contract~~the ~~profitability~~acquisition ~~indicates~~is anaccounted ~~anticipated~~for ~~loss~~as ona ~~the~~bargain ~~contract,~~purchase again. ~~provision for~~Determining the fair ~~entire~~value ~~loss~~requires ismanagement ~~recognized~~to inmake ~~the~~estimates ~~period~~and itassumptions isincluding ~~identified~~discount rates, rates of return on assets, and long-term sales growth rates.

~~Contract Modifications~~Revenue Recognition

~~Contract~~The Company ~~modifications~~recognizes ~~can~~revenue ~~occur~~under ~~during~~ASC 606, “Revenue from Contracts with Customers”. The core principle of the ~~performance~~ASC 606 revenue ofstandard is that a company should recognize revenue by analyzing the ~~Company’s~~following ~~contracts.~~five ~~Contracts~~steps: ~~may~~(1) beidentify ~~modified~~the tocontract ~~account~~with ~~for~~the ~~changes~~customer; (2) identify the performance obligations in the contract; ~~specifications~~(3) ordetermine ~~requirements.~~the Intransaction ~~most instances,~~price; ~~contract~~(4) ~~modifications~~allocate ~~are~~the ~~for~~transaction ~~goods~~price orto the ~~services~~performance ~~that~~obligations ~~are~~in ~~not~~the ~~distinct,~~contract; and, ~~therefore,~~(5) ~~are~~recognize ~~accounted~~revenue ~~for~~when (or as) ~~part~~each ofperformance ~~the~~obligation ~~existing contract~~is satisfied.

~~Cost~~The Company primarily invoices customers and ~~Expense~~recognizes ~~Recognition~~revenue on a periodic basis for equipment and labor hours provided to a customer on a particular job based on an agreed-upon hourly rate sheet or a fixed amount for a project. The Company also invoices customers and recognizes revenue for equipment mobilization fees and materials and supplies required to complete a project. The Company invoices for the sales of chemicals, stone and other products and recognizes revenue when the products are delivered to the customer’s designated site or when control of these products is transferred to its customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products. Sales taxes and other taxes that the Company collects concurrent with revenue producing activities are excluded from revenue. Costs for equipment, labor and chemicals are generally expensed as incurred since the projects are generally short-term and not subject to a contract. The Company also invoices customers for the provision of environmental security services at an agreed-upon hourly rate for each project. All revenue is recognized at a point in time.

~~Contract~~The Company ~~costs~~recognizes ~~include~~revenue ~~all~~on ~~direct~~reclamation ~~labor,~~contracts ~~materials,~~over time as performance obligations are satisfied due to the continuous transfer ~~equipment~~of ~~mobilization,~~control ~~subcontractor,~~to ~~and~~the ~~equipment~~customer. ~~costs,~~The ~~and~~Company’s ~~those~~contracts ~~indirect~~are generally accounted for as a single performance obligation since the Company is providing a significant service of integrating components into a single project. The Company recognizes revenue using a cost-based input method by which actual costs ~~related~~incurred relative to total estimated contract ~~performance~~costs determine, ~~such~~ as ~~indirect labor~~a percentage, ~~tools~~progress ~~and~~toward ~~supplies~~contract completion. ~~Costs~~This ~~are~~percentage ~~recognized~~is asapplied ~~incurred~~to the contract price to determine the amount of revenue to recognize. The Company believes the cost-based input method is the most faithful depiction of performance because it directly measures the value of the services transferred to the customer.

~~The Company recognizes revenue from contracts~~Contract for financial reporting purposes over time. Progress toward completion of the Company’s contracts is measured by the percentage of cost incurred to date compared to estimated total costs for each contract. This method is used because management considers total cost to be the best available measure of progress on contracts. Because of inherent uncertainties in estimating costs, it is at least reasonably possible that the estimates used will change significantly over the course of the contract’s performance.Estimates

9Due to the nature of the Company’s performance obligations, the estimation of total revenue and cost at completion is subject to many variables and requires significant judgment. Since a significant change in one or more of these variables could affect the profitability of contracts, the Company reviews and updates contract-related estimates regularly through a review process in which the Company reviews the progress and execution of performance obligations and the estimated cost at completion.

~~Revenue~~The Company ~~earned~~recognizes ~~over~~adjustments ~~time~~in ~~compared~~estimated toprofit aon ~~point~~contracts under the cumulative catch-up method. Under this method, the impact of the adjustment on profit recorded to date is recognized in ~~time~~the period the adjustment is asidentified. ~~follows~~Revenue ~~for~~and profit in future periods of contract performance is recognized using the ~~quarters~~adjusted ~~ended~~estimate. ~~March~~If 31at any time the estimate of contract profitability indicates an anticipated loss on the contract, ~~2025~~a ~~and~~provision ~~2024~~for the entire loss is recognized in the period it is identified.

~~SCHEDULE OF REVENUE EARNED OVERTIME COMPARED TO A POINT IN TIME~~9

	Quarter Ended March 31, 2025		Quarter Ended March 31, 2024
Earned over time	$	-	$	870,494
Point in time		695,701		3,039,399
Total revenue		695,701		3,909,893

Contract Modifications

~~Cost~~Contract modifications can occur during the performance of ~~Services~~the Company’s contracts. Contracts may be modified to account for changes in contract specifications or requirements. In most instances, contract modifications are for goods or services that are not distinct, and, therefore, are accounted for as part of the existing contract.

~~Contract costs include all direct labor, materials,~~Cost ~~subcontractor,~~ and ~~equipment~~Expense costs and those indirect costs related to contract performance, such as indirect labor, tools and supplies. For construction contracts, costs are generally recognized as incurred. Under certain circumstances, costs incurred in the period related to future activity on contracts may be capitalized.Recognition

~~Costs incurred that do not contribute to satisfying~~Contract ~~performance obligations are excluded from the cost input calculation for revenue recognition. Excluded~~ costs include ~~both~~all ~~uninstalled materials~~direct ~~and~~labor, ~~abnormal costs. Abnormal costs comprise wasted~~ materials, ~~wasted~~equipment ormobilization, ~~rework~~subcontractor, ~~labor~~ and ~~other~~equipment ~~resources~~costs, toand ~~fulfill~~those aindirect ~~contract~~costs related ~~that~~to ~~were not reflected in the price of the~~ contract. Aperformance, ~~limited~~such ~~allowance~~as ~~for~~indirect ~~material overages and~~ labor, ~~inefficiencies~~tools ~~is typically included in our contract costs estimates (~~and bysupplies. ~~extension,~~Costs inare ~~the~~recognized ~~contract~~as ~~price)~~incurred.

~~Cash~~The Company ~~and~~recognizes ~~Cash~~revenue ~~Equivalents~~from contracts for financial reporting purposes over time. Progress toward completion of the Company’s contracts is measured by the percentage of cost incurred to date compared to estimated total costs for each contract. This method is used because management considers total cost to be the best available measure of progress on contracts. Because of inherent uncertainties in estimating costs, it is at least reasonably possible that the estimates used will change significantly over the course of the contract’s performance.

~~The Company considers all highly liquid investments~~Revenue ~~with~~earned anover ~~original~~time ~~maturity~~compared ~~of three months or less at the date of acquisition~~ to bea ~~cash~~point ~~equivalents.~~in ~~From~~ time tois ~~time,~~as ~~the~~follows ~~Company’s cash~~for ~~account balances exceed~~ the ~~balances~~three ~~covered~~and bysix ~~the~~months ~~Federal~~ended ~~Deposit~~June ~~Insurance~~30, ~~Corporation.~~2025 ~~The~~and ~~Company has never suffered a loss due to such excess balances~~2024.

~~Accounts~~SCHEDULE OF ~~Receivable~~REVENUE EARNED OVERTIME COMPARED TO A POINT IN TIME

Included as a component of accounts receivable are contract receivables that represent the Company’s unconditional right, subject only to the passage of time, to receive consideration arising from performance obligations under reclamation contracts with customers. Billed contract receivables have been invoiced to customers based on contracted amounts. There were no contract receivables at March 31, 2025 or at December 31, 2024. Trade accounts receivable are stated at the amount management expects to collect from the balances outstanding as of March 31, 2025 or December 31, 2024 in the consolidated balance sheets. Based on management’s assessment, it has concluded that losses on balances outstanding as of those dates will be immaterial and therefore, no allowances were recorded for the three months ended March 31, 2025 or the three months ended March 31, 2024. Accounts receivable were $153,938 and $3,209,070 at March 31, 2025 and December 31, 2024, respectively. No credit loss expense was accrued in either the three months ended March 31, 2025 or the three months ended March 31, 2024 and there is no allowance for expected credit losses as of March 31, 2025 or December 31, 2024.

	Three Months Ended June 30, 2025		Three Months Ended June 30, 2024

Earned over time	$	-	$	1,179,341
Point in time		1,391,482		1,170,397
Total revenue		1,391,482		2,349,738

Contract Assets

	Six Months Ended June 30, 2025		Six Months Ended June 30, 2024

Earned over time	$	-	$	2,049,835
Point in time		2,087,183		4,209,796
Total revenue		2,087,183		6,259,631

~~Billing practices are governed by the contract~~Cost ~~terms~~ of each project based upon costs incurred, achievement of milestones or predetermined schedules. Billings do not necessarily correlate with revenue recognized over time using the percentage-of-completion method. Contract assets include unbilled amounts typically resulting from revenue under long-term contracts when the percentage-of-completion method of revenue recognition is utilized, and revenue recognition exceeds the amount billed to the customer. The Company’s contract assets are reported on a contract-by-contract basis at the end of each reporting period. The Company classifies contract assets as current or noncurrent based on whether the revenue is expected to be recognized sooner or later than one year from the balance sheet date.Services

~~Details~~Contract costs ofinclude ~~contract~~all ~~assets~~direct ~~arising~~labor, ~~from~~materials, ~~reclamation contracts~~subcontractor, inand ~~process~~equipment ascosts ofand ~~March~~those ~~31,~~indirect ~~2025~~costs ~~and~~related ~~December~~to 31contract performance, such ~~2024 are~~ as ~~follows.~~indirect ~~The~~labor, ~~Company~~tools ~~did~~and ~~not~~supplies. ~~have~~For ~~any~~construction ~~active~~contracts, ~~abandoned~~costs ~~mine~~are ~~land~~generally ~~projects~~recognized as ~~of March~~incurred. 31Under certain circumstances, costs ~~2025~~incurred ~~therefore~~in nothe ~~contract~~period ~~assets~~related ~~were~~to ~~recognized~~future activity on ~~that~~contracts ~~date~~may be capitalized.

~~SCHEDULE~~Costs OFincurred ~~CONTRACT~~that ~~ASSETS~~do not contribute to satisfying performance obligations are excluded from the cost input calculation for revenue recognition. Excluded costs include both uninstalled materials and abnormal costs. Abnormal costs comprise wasted materials, wasted or rework labor and other resources to fulfill a contract that were not reflected in the price of the contract. A limited allowance for material overages and labor inefficiencies is typically included in our contract costs estimates (and by extension, in the contract price).

	December 31, 2024
Costs incurred on contracts in progress	$	1,513,306
Estimated earnings		1,168
Revenue earned on contracts in progress		1,514,474
Less: Billings to date		(1,360,120	)
Total contract assets	$	154,354

Cash and Cash Equivalents

	December 31, 2024
Costs and estimated earnings in excess of billings on contracts in progress	$	154,354
Billings in excess of costs and estimated earnings on contracts in progress		-
Net contract assets	$	154,354

The Company considers all highly liquid investments with an original maturity of three months or less at the date of acquisition to be cash equivalents. From time to time, the Company’s cash account balances exceed the balances covered by the Federal Deposit Insurance Corporation. The Company has never suffered a loss due to such excess balances.

~~Equipment Held for Sale~~10

~~Following the completion of specific~~Accounts projects in the fourth quarter of 2024, management concluded that certain pieces of equipment would no longer be required for future projects. Consequently, these items were separated and prepared for sale. The Company is expecting to sell these assets to a private party by September 30, 2025. It is not yet known whether there will be a gain or loss on the disposal of the equipment held for sale, but management believes the assets are currently held at fair value. The Company recorded an impairment loss of $738,913 as of December 31, 2024. These assets are reported within the Range Services operating business segment.Receivable

~~Land~~Included as a component of accounts receivable are contract receivables that represent the Company’s unconditional right, subject only to the passage of time, to receive consideration arising from performance obligations under reclamation contracts with customers. Billed contract receivables have been invoiced to customers based on contracted amounts. There were no contract receivables at June 30, 2025, and $154,354 at December 31, 2024. Trade accounts receivable are stated at the amount management expects to collect from the balances outstanding as of June 30, 2025 or December 31, 2024 in the consolidated balance sheets. Based on management’s assessment, it has concluded that losses on balances outstanding as of those dates will be immaterial and therefore, no allowances were recorded for the six months ended June 30, 2025 or the six months ended June 30, 2024. Accounts receivable were $257,207 and $3,209,070 at June 30, 2025 and December 31, 2024, respectively. No credit loss expense was accrued in either the six months ended June 30, 2025 or the six months ended June 30, 2024 and there is no allowance for expected credit losses as of June 30, 2025 or December 31, 2024.

~~Land is carried at cost, which includes an amount of asset retirement costs equal to the amount~~Contract of asset retirement obligations recognized in connection with the Fola Acquisition. The Company assesses the recoverability of its land by determining whether the cost of the land can be recovered through projected future cash flows generated by the land. No land was identified for impairment. Land is reported within the Range Land operating business segment. Refer to Note 3 for more details.Assets

10Billing practices are governed by the contract terms of each project based upon costs incurred, achievement of milestones or predetermined schedules. Billings do not necessarily correlate with revenue recognized over time using the percentage-of-completion method. Contract assets include unbilled amounts typically resulting from revenue under long-term contracts when the percentage-of-completion method of revenue recognition is utilized, and revenue recognition exceeds the amount billed to the customer. The Company’s contract assets are reported on a contract-by-contract basis at the end of each reporting period. The Company classifies contract assets as current or noncurrent based on whether the revenue is expected to be recognized sooner or later than one year from the balance sheet date.

~~Property~~Details of &contract ~~Equipment~~assets arising from reclamation contracts in process as of June 30, 2025 and December 31, 2024 are as follows. The Company did not have any active abandoned mine land projects as of June 30, 2025 therefore no contract assets were recognized on that date.

~~Property and equipment is carried at cost. Expenditures~~SCHEDULE ~~for~~OF ~~maintenance~~CONTRACT and repairs are charged to cost of services. Additions and betterments are capitalized. The cost and related accumulated depreciation of equipment sold or otherwise disposed of are removed from the accounts and any gain or loss is reflected in the current year’s earnings.ASSETS

SCHEDULE OF PROPERTY AND EQUIPMENT

	December 31, 2024
Costs incurred on contracts in progress	$	1,513,306
Estimated earnings		1,168
Revenue earned on contracts in progress		1,514,474
Less: Billings to date		(1,360,120	)
Total contract assets	$	154,354

	March 31, 2025			December 31, 2024
	December 31, 2024
Equipment	$	2,795,858		$	3,433,543
Costs and estimated earnings in excess of billings on contracts in progress	$	154,354
Accumulated depreciation		(2,210,189	)		(2,542,771	)
Billings in excess of costs and estimated earnings on contracts in progress		-
Net book value		585,669			890,772
Net contract assets	$	154,354
Depreciation expense	$	84,783		$	1,868,997

~~The Company provides for depreciation of its~~Equipment ~~property~~Held ~~and equipment using the straight-line method~~ for ~~both financial reporting and federal income tax purposes over the estimated six-year6 useful lives of the assets.~~Sale

~~The~~Following the ~~Company~~completion ~~assesses~~of specific projects in the ~~recoverability~~fourth quarter of ~~its property~~2024, ~~and~~management concluded that certain pieces of equipment bywould ~~determining~~no ~~whether~~longer be ~~the~~required ~~depreciation~~for offuture ~~the~~projects. ~~assets~~Consequently, ~~over~~these ~~their~~items ~~remaining~~were ~~lives~~separated ~~can~~and prepared for sale. It is not yet known whether there will be ~~recovered~~a ~~through~~gain ~~projected~~or loss on the disposal of the equipment ~~future~~held ~~cash~~for ~~flows~~sale, ~~generated~~but bymanagement believes the assets. ~~There~~are ~~were~~currently noheld ~~assets~~at ~~identified~~fair ~~for~~value. The Company recorded an impairment loss of $738,913 as of December 31, 2024. These assets are reported within the Range Services operating business segment.

~~Asset Retirement Obligations~~Land

~~The~~Land is ~~Company~~carried ~~recognizes~~at cost, which includes an amount of asset retirement costs equal to the amount of asset retirement obligations ~~(“AROs”)~~recognized in ~~accordance~~connection with ~~ASC~~the ~~410,~~Fola ~~“Asset~~Acquisition. ~~Retirement~~The ~~and~~Company ~~Environmental~~assesses ~~Obligations.”~~the ~~These~~recoverability ~~obligations~~of ~~relate~~its ~~primarily~~land toby determining whether the ~~Company’s~~cost of the land ~~legal~~can ~~and~~be ~~regulatory~~recovered ~~requirements~~through toprojected ~~perform~~future ~~reclamation,~~cash ~~closure,~~flows ~~and~~generated ~~environmental~~by ~~remediation~~the ~~activities~~land. atNo ~~coal~~land ~~mining~~was ~~sites~~identified ~~currently under~~for ~~management~~impairment. byLand is reported within the ~~Company~~Range Land operating business segment. Refer to Note 3 for more details.

Under federal and state mining laws, including the Surface Mining Control and Reclamation Act of 1977 (“SMCRA”), the Company is required to restore land and water resources disturbed by coal mining activities to their original or approved alternative condition. AROs are recognized when the legal obligation is incurred, generally at the time mining activity commences or when the Company assumes responsibility for a previously disturbed mine site.11

~~The Company records the fair value of a liability for an ARO in the period~~Property in& which it is incurred if a reasonable estimate of fair value can be made. Upon initial recognition, the Company capitalizes the cost as part of the carrying amount of the related long-lived asset. The liability is subsequently accreted over time through charges to operating expense, and the capitalized asset is depreciated over its useful life.Equipment

AsProperty and ofequipment ~~March~~is ~~31,~~carried ~~2025,~~at ~~the~~cost. ~~Company~~Expenditures ~~recorded~~for ~~AROs~~maintenance and repairs are charged to cost of ~~$43,079,071~~services. ~~related~~Additions and betterments toare ~~the~~capitalized. ~~Fola~~The ~~Acquisition,~~cost ~~which~~and ~~closed~~related onaccumulated ~~that~~depreciation ~~date.~~of ~~Refer~~equipment tosold ~~Note~~or 3otherwise ~~for~~disposed ~~more~~of ~~details~~are removed from the accounts and any gain or loss is reflected in the current year’s earnings.

~~The total undiscounted amount of estimated future~~SCHEDULE ~~cash~~OF ~~flows~~PROPERTY ~~required~~AND to satisfy the Company’s AROs over a 25-year projection period was approximately $60,617,039 as of March 31, 2025. The Company uses an annual inflation rate of 2.72% to forecast these estimated future cash flows and a credit-adjusted risk-free rate of 7.18% to discount these future inflation-adjusted obligations to a present value.EQUIPMENT

The Company periodically reviews the estimated reclamation costs and timing assumptions used in calculating AROs. Changes in estimates are reflected in the period in which they occur. Actual costs may differ from those estimated due to changes in applicable laws and regulation, inflation, post-mine land use changes, and the final scope of the reclamation and water restoration activities.

	June 30, 2025			December 31, 2024

Equipment	$	1,075,942		$	3,433,543
Accumulated depreciation		(689,046	)		(2,542,771	)
Net book value		386,896			890,772
Depreciation expense	$	125,043		$	1,868,997

~~Income~~The Company ~~Taxes~~provides for depreciation of its property and equipment using the straight-line method for both financial reporting and federal income tax purposes over the estimated six6-year useful lives of the assets.

The Company ~~follows~~assesses the ~~asset~~recoverability ~~and liability method~~ of ~~accounting~~its ~~for~~property ~~income taxes. Under this method, deferred income tax assets~~ and ~~liabilities~~equipment ~~are~~by ~~recognized~~determining ~~for~~whether the ~~estimated~~depreciation ~~tax~~of ~~consequences attributable~~the toassets ~~differences~~over ~~between~~their ~~the~~remaining lives ~~financial~~can ~~statement~~be ~~carrying~~recovered ~~values~~through ~~and~~projected ~~their~~future ~~respective~~cash ~~income~~flows ~~tax~~generated ~~basis~~by ~~(temporary~~the ~~differences)~~assets. ~~The~~ ~~effect~~There onwere ~~deferred~~no ~~income tax~~ assets ~~and~~identified ~~liabilities~~for ofimpairment. aThese assets ~~change~~are inreported ~~tax~~within ~~rates is recognized as income (loss) in~~ the ~~period~~Range ~~that~~Services ~~includes the~~operating ~~enactment~~business ~~date~~segment.

~~Leases~~Asset Retirement Obligations

The Company ~~determines~~recognizes ~~whether~~asset aretirement ~~contract~~obligations ~~is, or~~(“AROs”) ~~contains,~~in aaccordance ~~lease~~with atASC ~~inception.~~410, ~~Right-of-use~~“Asset ~~assets~~Retirement ~~represent~~and ~~the~~Environmental Obligations.” ~~Company’s~~These ~~right~~obligations torelate ~~use~~primarily anto ~~underlying asset during~~ the ~~lease term, and lease liabilities represent the~~ Company’s ~~obligation~~legal ~~to make lease payments arising from the lease. Right-of-use assets~~ and ~~lease~~regulatory ~~liabilities~~requirements ~~are~~to ~~recognized~~perform ~~at lease commencement based upon the estimated present value of unpaid lease payments over the lease~~reclamation, ~~term.~~closure, ~~The~~and ~~Company~~environmental ~~uses~~remediation ~~its~~activities ~~incremental borrowing rate based on the information available~~ at ~~lease~~coal ~~commencement~~mining insites ~~determining~~currently ~~the~~under ~~present value~~management ofby ~~unpaid lease payments. As of March 31, 2025,~~ the Company ~~had no material lease commitments for longer than one year~~.

~~Stock-Based~~Under federal ~~Compensation~~and state mining laws, including the Surface Mining Control and Reclamation Act of 1977 (“SMCRA”), the Company is required to restore land and water resources disturbed by coal mining activities to their original or approved alternative condition. AROs are recognized when the legal obligation is incurred, generally at the time mining activity commences or when the Company assumes responsibility for a previously disturbed mine site.

The Company ~~periodically~~records ~~issues~~the ~~stock~~fair ~~options and~~value ~~restricted~~of ~~stock~~a ~~awards~~liability tofor ~~employees~~an ~~and~~ARO ~~non-employees~~ in ~~non-capital~~the ~~raising~~period ~~transactions~~in ~~for~~which ~~services.~~it ~~The~~is ~~Company~~incurred ~~accounts~~if ~~for such~~a ~~grants~~reasonable ~~issued~~estimate ~~and~~of ~~vesting~~fair ~~based~~value can onbe ~~ASC~~made. ~~718,~~Upon ~~“Compensation-Stock~~initial ~~Compensation”~~recognition, ~~whereby~~ the ~~value~~Company ofcapitalizes the ~~award~~cost isas ~~measured~~part ~~on the date~~ of ~~grant and recognized for employees as compensation expense on~~ the ~~straight-line~~carrying ~~basis~~amount ~~over~~of the ~~vesting~~related ~~period.~~long-lived ~~Recognition of compensation~~asset. ~~expense~~The ~~for~~liability ~~non-employees~~ is insubsequently ~~the~~accreted ~~same~~over ~~period~~time ~~and~~through ~~manner~~charges asto ifoperating ~~the~~expense, ~~Company~~and ~~had paid cash for~~ the ~~services.~~capitalized ~~The~~asset ~~Company~~is ~~recognizes~~depreciated ~~the~~over ~~fair value of stock-based compensation within~~ its ~~Consolidated~~useful ~~Statements of Operations with classification depending on the nature of the services rendered~~life.

11As of March 31, 2025, the Company recorded AROs of $43,079,071 related to the Fola Acquisition, which closed on that date. Refer to Note 3 for more details.

The total ~~fair~~undiscounted ~~value~~amount of ~~the Company’s stock options is~~ estimated ~~using~~future ~~the~~cash ~~Black-Scholes-Merton~~flows ~~Option~~required ~~Pricing~~to ~~model,~~satisfy ~~which~~the ~~uses~~Company’s ~~certain~~AROs ~~assumptions~~over ~~related~~a ~~to risk~~25-~~free~~year ~~interest~~projection ~~rates,~~period ~~expected~~was ~~volatility~~approximately $60,617,039 ~~expected~~as ~~life~~ of ~~the~~March ~~stock options or restricted stock~~31, ~~and future dividends~~2025. ~~Compensation~~The ~~expense~~Company isuses ~~recorded~~an ~~based upon~~annual ~~the~~inflation ~~value~~rate ~~derived~~of ~~from~~2.72% ~~the~~to ~~Black-Scholes-Merton~~forecast ~~Option~~these ~~Pricing~~estimated ~~model~~future cash flows and ~~based~~a oncredit-adjusted ~~actual experience. The assumptions used in the Black~~risk-~~Scholes-Merton~~free ~~Option~~rate ~~Pricing~~of ~~model~~7.18% ~~could~~to ~~materially~~discount ~~affect~~these ~~compensation~~future ~~expense~~inflation-adjusted ~~recorded~~obligations into ~~future~~a ~~periods~~present value.

~~Basic~~The Company periodically reviews the estimated reclamation costs and ~~Diluted~~timing ~~Income~~assumptions ~~(Loss)~~used ~~Per~~in ~~Share~~calculating AROs. Changes in estimates are reflected in the period in which they occur. Actual costs may differ from those estimated due to changes in applicable laws and regulation, inflation, post-mine land use changes, and the final scope of the reclamation and water restoration activities.

~~Basic~~The ~~income~~following ~~(loss)~~table ~~per~~summarizes ~~share is computed by dividing~~ the ~~net~~changes ~~income (loss) applicable to common stockholders by the weighted average number of outstanding common shares during the period. Shares of restricted stock are included~~ in ~~the basic weighted average number of common shares outstanding from the time they~~asset ~~vest.~~retirement ~~Diluted~~obligations ~~income~~for ~~(loss) per share is computed by dividing net income (loss) applicable to common stockholders by~~ the ~~weighted~~three ~~average number~~months ofended ~~common~~June ~~shares~~30, outstanding plus the number of additional common shares that would have been outstanding if all dilutive potential common shares had been issued. Diluted income (loss) per share excludes all potential common shares if their effect is anti-dilutive. The following potentially dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive2025:

SCHEDULE OF ~~ANTI-DILUTIVE~~ASSET ~~SECURITIES~~RETIREMENT ~~EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE~~ OBLIGATION

	March 31, 2025			December 31, 2024
Total asset retirement obligations as of March 31, 2025	$	43,079,071
Options		11,590,876			11,594,210
Accretion expense for the period		524,033
Warrants		3,166,667			3,166,667
Sites removed during the period		(6,429,480	)
Total		14,757,543			14,760,877
Sites added during the period		10,399,477
Anti-dilutive loss per share		14,757,543			14,760,877
Expenditures during the period		(415,338	)
Total asset retirement obligations as of June 30, 2025	$	47,157,763
Total Asset Retirement Obligations		47,157,763

~~Fair Value of Financial Instruments~~12

~~FASB ASC 825, “Financial Instruments”~~Income requires that the Company disclose estimated fair values of financial instruments. Financial instruments held by the Company include, among others, accounts receivable, accounts payable and long-term debt. The carrying amounts reported in the balance sheets for assets and liabilities qualifying as financial instruments are a reasonable estimate of fair value.Taxes

~~As defined in FASB ASC 280 “Fair Value~~The ~~Measurements”,~~Company ~~fair~~follows ~~value is~~ the ~~price that would be received to sell an~~ asset orand ~~paid to transfer a~~ liability, inmethod anof ~~orderly transaction~~accounting ~~between~~for ~~market~~income ~~participants at the measurement date~~taxes. InUnder ~~determining~~this ~~fair value~~method, ~~the~~deferred ~~Company~~income ~~utilizes~~tax ~~certain~~assets ~~assumptions that market participants would use in pricing the asset or liability, including assumptions about risk~~ and~~/or~~ ~~the risks inherent in~~liabilities ~~the~~are ~~inputs~~recognized tofor the ~~valuation~~estimated ~~technique.~~tax ~~These~~consequences ~~inputs~~attributable ~~can~~to bedifferences ~~readily~~between ~~observable, market corroborated, or generally unobservable firm inputs. The Company utilizes valuation techniques that maximize~~ the ~~use~~financial ofstatement ~~observable~~carrying ~~inputs~~values and ~~minimize the use of unobservable~~their ~~inputs.~~respective ~~Based~~income ontax ~~the~~basis ~~examination~~(temporary ~~of inputs used in the valuation techniques, the Company is required to provide the following information according to the fair value hierarchy~~differences). The ~~fair~~effect ~~value~~on ~~hierarchy~~deferred ~~ranks~~income ~~the~~tax ~~quality~~assets and ~~reliability~~liabilities of ~~the~~a ~~information used~~change toin ~~determine~~tax ~~fair~~rates is ~~values.~~recognized ~~Financial~~as ~~assets~~income ~~and~~(loss) ~~liabilities~~in ~~carried~~the atperiod ~~fair~~that ~~value~~includes ~~will be classified and disclosed in one of~~ the ~~following~~ ~~three~~enactment ~~categories~~date.

●	Level 1:	Quoted market prices in active markets for identical assets or liabilities
●	Level 2:	Inputs to the valuation methodology include:
	○	Quoted prices for similar assets or liabilities in active markets;
	○	Quoted prices for identical assets or similar assets or liabilities in inactive markets;
	○	Inputs other than quoted prices that are observable for the asset or liability;
	○	Inputs that are derived principally from or corroborated by observable market data by correlation or other means.
●	Level 3:	Unobservable inputs that are not corroborated by market data

Leases

AThe Company ~~financial~~determines ~~instrument~~whether a contract is, or contains, a lease at inception. Right-of-use assets represent the Company’s ~~categorization~~right ~~within~~to use an underlying asset during the ~~valuation~~lease ~~hierarchy~~term, isand lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Right-of-use assets and lease liabilities are recognized at lease commencement based upon the ~~lowest~~estimated ~~level~~present value of ~~input~~unpaid ~~that~~lease ispayments ~~significant~~over tothe lease term. The Company uses its incremental borrowing rate based on the ~~fair~~information available at lease commencement in determining the present value ~~measurement~~of unpaid lease payments. As of June 30, 2025, the Company had no material lease commitments for longer than one year.

~~The following is a description of the valuation~~Stock-Based ~~methodologies used for instruments measured at fair value, including the general classification of such instruments pursuant to the valuation hierarchy.~~Compensation

The Company ~~equipment~~periodically ~~held~~issues stock options and restricted stock awards to employees and non-employees in non-capital raising transactions for ~~sale~~services. isThe ~~carried~~Company ataccounts ~~the~~for such grants issued and vesting based on ASC 718, “Compensation-Stock Compensation”, ~~lower~~whereby the value of ~~carrying~~the ~~amount~~award oris ~~fair~~measured ~~value,~~on the date of grant and recognized for employees as compensation expense on the straight-line basis over the vesting period. Recognition of compensation expense for non-employees is ~~considered~~in ~~level~~the 2same period and manner as itif isthe Company had paid cash for the services. The Company recognizes the fair value of stock-based compensation within its Consolidated Statements of Operations with classification depending on ~~market~~the ~~prices~~nature ~~for~~of ~~similar~~the ~~assets~~services rendered.

~~Segments~~The fair value of the Company’s stock options is estimated using the Black-Scholes-Merton Option Pricing model, which uses certain assumptions related to risk-free interest rates, expected volatility, expected life of the stock options or restricted stock, and future dividends. Compensation expense is recorded based upon the value derived from the Black-Scholes-Merton Option Pricing model and based on actual experience. The assumptions used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods.

~~As of March 31, 2025, the Company has two~~Basic ~~operating~~and ~~business~~Diluted ~~segments:~~Income (iLoss) ~~Range~~Per Land and (ii) Range Services. The Fola Mine, including the royalty and lease agreements assigned in connection with the Fola Acquisition, and the Hobet Mine are reported in the Range Land operating business segment. Effective January 1, 2025, the business activities of the Range Reclaim, Range Security and Range Water operating business segments, which had been previously-reported as separate operating business segments, are now captured as part of the Range Services operating business segment. This change was implemented as each of these business segments now serve to support the reclamation and improvement of the land holdings of Range Land and not as businesses serving other customers. The change in the segment reporting is shown retrospectively in this filing. Graphium Biosciences was sold in September 2024 and therefore the drug development business segment named Graphium Biosciences is no longer reported as an operating business segment of the Company.Share

12Basic income (loss) per share is computed by dividing the net income (loss) applicable to common stockholders by the weighted average number of outstanding common shares during the period. Shares of restricted stock are included in the basic weighted average number of common shares outstanding from the time they vest. Diluted income (loss) per share is computed by dividing net income (loss) applicable to common stockholders by the weighted average number of common shares outstanding plus the number of additional common shares that would have been outstanding if all dilutive potential common shares had been issued. Diluted income (loss) per share excludes all potential common shares if their effect is anti-dilutive. The following potentially dilutive shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would be anti-dilutive:

~~In accordance with the “Segment Reporting”~~SCHEDULE ~~Topic~~OF ~~of the ASC 280, the Company’s chief operating decision~~ANTI-~~maker~~DILUTIVE ~~has~~SECURITIES ~~been~~EXCLUDED ~~identified~~FROM asCOMPUTATION ~~the~~OF ~~Chief~~EARNINGS ~~Executive~~PER Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics, nature of products and services, and procurement, manufacturing, and distribution processes.SHARE

Recent Accounting Pronouncements

	June 30, 2025		December 31, 2024
Options		12,243,376		11,594,210
Warrants		3,166,667		3,166,667
Total		15,410,043		14,760,877
Anti-dilutive loss per share		15,410,043		14,760,877

~~In November 2023, the FASB issued ASU 2023-07,~~Fair ~~“Segment~~Value ~~Reporting (Topic 280): Improvements to Reportable Segment Disclosures.” This ASU enhances reportable segment disclosures on both an annual and interim basis primarily in regards to the disclosure~~ of ~~significant~~Financial segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within the reported measure(s) of segment profit or loss. In addition, this ASU requires disclosure, by segment, of other items included in the reported measure(s) of segment profit or loss, including qualitative information describing the composition, nature and type of each item. This ASU also expands disclosure requirements related to the CODM, including how the reported measure(s) of segment profit or loss are used to assess segment performance and allocate resources, and the method used to allocate overhead for significant segment expenses. All current required annual segment reporting disclosures under Topic 280 are now effective for interim periods. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company has adopted this ASU. The Company will continue to evaluate its segment disclosures in future reporting periods to ensure continued compliance with evolving accounting guidance and disclosure best practices.Instruments

~~In December 2023, the~~ FASB ASC ~~issued ASU 2023-09~~825, “~~Income~~Financial ~~Taxes (Topic 740): Improvements to Income Tax Disclosures~~Instruments”. ~~This~~requires ~~ASU~~that ~~enhances~~the ~~income~~Company ~~tax disclosures~~disclose byestimated ~~providing~~fair ~~information~~values toof ~~better~~financial ~~assess how an entity’s operations, related tax risks, tax planning and operational opportunities affect its tax rate and prospects for future cash flows~~instruments. ~~This ASU requires additional disclosures to the annual effective~~Financial ~~tax~~instruments ~~rate~~held ~~reconciliation~~by ~~including specific categories and further disaggregated reconciling items that meet~~ the ~~quantitative~~Company ~~threshold. Additionally~~include, ~~this~~among ~~ASU~~others, ~~requires~~accounts ~~disclosures relating to income tax expense and payments made to federal~~receivable, ~~state,~~accounts ~~local~~payable and ~~foreign~~long-term ~~jurisdictions~~debt. ~~This~~ ~~ASU is effective for fiscal years and interim periods beginning after December 15, 2024.~~ The ~~Company~~carrying ~~will~~amounts reported ~~make~~in the ~~requisite~~balance ~~updates~~sheets infor ~~the~~assets ~~notes~~and toliabilities ~~the~~qualifying ~~annual~~as financial ~~statements~~instruments ~~for~~are ~~the~~a ~~period~~reasonable ~~ending~~estimate ~~December~~of ~~31, 2025~~fair value.

2As defined in FASB ASC 280 “Fair Value Measurements”, fair value is the price that would be received to sell an asset or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. ~~ACQUISITION~~In OFdetermining ~~COLLINS~~fair ~~BUILDING~~value, &the Company ~~CONTRACTING~~utilizes certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and/or the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable firm inputs. The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. Based on the examination of inputs used in the valuation techniques, the Company is required to provide the following information according to the fair value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories.

On August 31, 2023, the Company entered into a stock purchase agreement with the owner of Collins Building & Contracting, Inc. (“Collins Building”) pursuant to which the owner agreed to sell all of the outstanding common stock of Collins Building to the Company in exchange for (a) cash consideration of $1,000,000, (b) a five-year5 secured promissory note in the principal amount of $2,000,000, bearing interest at 7.0% per annum (the “First Promissory Note”), and (c) a two-year2 secured promissory note in the principal amount of $2,035,250, bearing interest at 8.25% per annum (the “Second Promissory Note”). The First Promissory Note was secured by the acquired real property and quarry infrastructure, and the Second Promissory Note was secured by the acquired equipment.

●	Level 1:	Quoted market prices in active markets for identical assets or liabilities
●	Level 2:	Inputs to the valuation methodology include:
	○	Quoted prices for similar assets or liabilities in active markets;
	○	Quoted prices for identical assets or similar assets or liabilities in inactive markets;
	○	Inputs other than quoted prices that are observable for the asset or liability;
	○	Inputs that are derived principally from or corroborated by observable market data by correlation or other means.
●	Level 3:	Unobservable inputs that are not corroborated by market data

~~The Company accounted for the transaction as~~A afinancial ~~business~~instrument’s ~~combination~~categorization inwithin ~~accordance ASC 805 “Business Combinations”. The Company performed an allocation of~~ the ~~purchase~~ ~~price~~valuation ~~paid~~hierarchy ~~for~~is ~~the~~based ~~assets~~upon ~~acquired and~~ the ~~liabilities~~lowest ~~assumed.~~level ~~The fair values~~ of ~~the~~input ~~assets acquired in~~ that ~~transaction are~~is ~~set forth below. Because the fair values exceeded the purchase price, we recognized a gain on the purchase of $1,875,150.~~significant ~~The~~to ~~allocation of~~ the ~~purchase price is based on management’s estimates and a third-party assessment of the~~ fair value ~~of the equipment purchased~~measurement.

~~SCHEDULE~~The OFfollowing ~~BUSINESS~~is ~~ACQUISITION~~a ~~ALLOCATION~~description OFof ~~PURCHASE~~the ~~PRICE~~ valuation methodologies used for instruments measured at fair value, including the general classification of such instruments pursuant to the valuation hierarchy.

Fair value of assets acquired:
Equipment	$	6,156,000
Land		554,900
Buildings		199,500
Total assets acquired		6,910,400
Less: Gain on bargain purchase price		(1,875,150	)
Purchase price	$	5,035,250
Cash consideration		1,000,000
Long-term notes issued to the seller		4,035,250
Total purchase price	$	5,035,250
Acquisition transaction costs incurred	$	167,212

The equipment held for sale is carried at the lower of carrying amount or fair value, and is considered level 2 as it is based on market prices for similar assets.

As discussed in Note 4, on August 22, 2024, nearly all of the equipment, as well as the land and buildings were sold to the previous owner of Collins Building in consideration of the full and complete cancellation of the First Promissory Note and the Second Promissory Note.13

Collins Building contributed revenues of $173,788 and a net loss of $96,967 to the Company’s consolidated revenues and net loss, respectively, for the three months ended March 31, 2024. Collins Building did not contribute any revenue or net income to the Company’s consolidated revenues and net income for the three months ended March 31, 2025.Segments

3As of June 30, 2025, the Company has two operating business segments: (i) Range Land and (ii) Range Services. ~~ACQUISITION~~The OFFola ~~FOLA~~Mine, ~~MINE~~including ~~SITE~~the royalty and lease agreements assigned in connection with the Fola Acquisition, and the Hobet Mine are reported in the Range Land operating business segment. Effective January 1, 2025, the business activities of the Range Reclaim, Range Security and Range Water operating business segments, which had been previously-reported as separate operating business segments, are now captured as part of the Range Services operating business segment. This change was implemented as each of these business segments now serve to support the reclamation and improvement of the land holdings of Range Land and not as businesses serving other customers. The change in the segment reporting is shown retrospectively in this filing. Graphium Biosciences was sold in September 2024 and therefore the drug development business segment named Graphium Biosciences is no longer reported as an operating business segment of the Company.

OnIn accordance ~~March~~with ~~31, 2025,~~ the ~~Company,~~“Segment ~~through~~Reporting” ~~its~~Topic ~~wholly-owned~~of ~~subsidiary~~the ~~Range Sky~~ASC ~~View Land~~280, ~~LLC, acquired 120,154 acres of fee, surface and mineral interests at~~ the ~~Fola~~Company’s ~~mine~~chief ~~complex~~operating ~~(“Fola~~decision-maker ~~Mine”)~~has ~~located~~been inidentified ~~Clay~~as ~~and~~the ~~Nicholas~~Chief ~~Counties~~Executive Officer, ~~West~~who ~~Virginia.~~reviews Asoperating ~~part~~results ofto ~~the~~make ~~Fola~~decisions ~~Acquisition,~~about ~~the~~allocating ~~Company~~resources ~~acquired~~and 15assessing ~~mining~~performance for ~~permits at~~ the ~~Fola~~entire ~~Mine with~~Company. anExisting ~~estimated~~guidance, ~~reclamation~~which ~~obligation~~is ofbased ~~$29,282,126~~on ~~and~~a ~~assumed~~management anapproach ~~obligation~~ to ~~manage~~segment anreporting, ~~additional~~establishes 21requirements ~~mining permits at the Fola~~to ~~Mine~~report ~~with~~selected ansegment ~~estimated~~information ~~reclamation~~quarterly ~~obligation~~and ofto ~~$13,796,945.~~report Asannually aentity-wide ~~result,~~disclosures onabout ~~March~~products ~~31,~~and ~~2025~~services, ~~the~~major ~~Company recorded AROs of $43~~customers,~~079,071~~ ~~related~~and to the ~~Fola~~countries ~~Acquisition,~~in ~~and~~which ~~capitalized~~the anentity ~~equal~~holds ~~amount~~material ~~onto~~assets ~~the~~and ~~fair~~reports ~~value~~revenue. ofAll ~~the~~material ~~acquired~~operating ~~land~~units onqualify ~~that~~for ~~same~~aggregation under ~~date.~~“Segment ~~The~~Reporting” ~~Company also~~due ~~assumed~~to ~~two~~their ~~coal~~similar ~~royalty~~customer ~~contracts~~base and ~~one~~similarities ~~25-year~~in ~~solar~~economic ~~lease~~characteristics, ~~for~~nature ~~the development~~ of ~~a large-scale~~products ~~solar~~and ~~project~~services, ~~located~~and onprocurement, ~~more than 1~~manufacturing,~~500~~ ~~acres~~and atdistribution ~~the Fola Mine~~processes.

~~SCHEDULE OF~~Recent ~~BUSINESS~~Accounting ~~ACQUISITION OF FOLA MINE SITA~~Pronouncements

Estimated asset retirement obligation on 15 acquired permits	$	29,282,126
Contingent reclamation obligation on 21 permits		13,796,945
Total asset retirement obligation capitalized to land	$	43,079,071
Fair value of Fola Mine land acquired		8,561,000
Total land value of Fola Mine property	$	51,640,071
Beginning land value as of December 31, 2024		1,008,897
Land value as of March 31, 2025	$	52,648,968

In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.” This ASU enhances reportable segment disclosures on both an annual and interim basis primarily in regards to the disclosure of significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and included within the reported measure(s) of segment profit or loss. In addition, this ASU requires disclosure, by segment, of other items included in the reported measure(s) of segment profit or loss, including qualitative information describing the composition, nature and type of each item. This ASU also expands disclosure requirements related to the CODM, including how the reported measure(s) of segment profit or loss are used to assess segment performance and allocate resources, and the method used to allocate overhead for significant segment expenses. All current required annual segment reporting disclosures under Topic 280 are now effective for interim periods. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company has adopted this ASU. The Company will continue to evaluate its segment disclosures in future reporting periods to ensure continued compliance with evolving accounting guidance and disclosure best practices.

~~The~~In December ~~fair~~2023, ~~value~~the ofFASB ~~the~~issued ~~land~~ASU ~~acquired~~2023-09, by“Income ~~the~~Taxes ~~Company~~(Topic in740): ~~connection~~Improvements ~~with~~to ~~the~~Income Tax Disclosures”. This ASU ~~Fola~~enhances ~~Acquisition~~income ~~was~~tax $8disclosures by providing information to better assess how an entity’s operations,~~561~~ related tax risks,~~000,~~ tax planning and ~~the~~operational ~~Company~~opportunities ~~agreed~~affect toits ~~credit~~tax anrate ~~outstanding~~and ~~receivable~~prospects offor ~~$2,958,516~~future ~~due~~cash ~~from~~flows. ~~one~~This ofASU ~~the~~requires ~~sellers~~ additional disclosures to the annual ~~Company,~~effective astax ~~consideration~~rate ~~provided~~reconciliation inincluding ~~lieu~~specific ofcategories ~~cash.~~and ~~Because~~further ~~the~~disaggregated ~~fair~~reconciling ~~value~~items ofthat meet the ~~land~~quantitative threshold. ~~acquired~~Additionally, ~~exceeded~~this ~~the~~ASU ~~amount~~requires ofdisclosures ~~the~~relating ~~accounts~~to income tax expense and payments made to federal, state, local and ~~receivable~~foreign ~~credited~~jurisdictions. inThis ~~connection~~ASU ~~with~~is ~~the~~effective ~~Fola~~for ~~Acquisition~~fiscal years beginning after December 15, ~~the~~2024. The Company ~~recognized~~will make athe ~~bargain~~requisite ~~purchase~~updates ~~gain~~in ofthe ~~$5,602,484~~notes ~~during~~to the ~~three months~~annual ~~ended~~financial ~~March~~statements for the period ending December 31, 2025.

~~SCHEDULE~~In OFNovember ~~BARGAIN~~2024, the FASB issued ASU 2024-03, “Income ~~PURCHASE~~Statement-Reporting ~~GAIN~~Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses”. This guidance requires tabular footnote disclosure of certain operating expenses disaggregated into categories, such as employee compensation, depreciation, and intangible asset amortization, included within each interim and annual income statement’s expense caption, as applicable. The effective date of this guidance is for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. We are in the process of evaluating the impact of adopting this guidance on our consolidated financial statement disclosures.

Fair value of Fola Mine land acquired	$	8,561,000
Accounts receivable credited in lieu of cash		(2,958,516	)
Bargain purchase gain recognized	$	5,602,484

2. ACQUISITION OF COLLINS BUILDING & CONTRACTING

13On August 31, 2023, the Company entered into a stock purchase agreement with the owner of Collins Building & Contracting, Inc. (“Collins Building”) pursuant to which the owner agreed to sell all of the outstanding common stock of Collins Building to the Company in exchange for (a) cash consideration of $1,000,000, (b) a five5-year secured promissory note in the principal amount of $2,000,000, bearing interest at 7.0% per annum (the “First Promissory Note”), and (c) a two2-year secured promissory note in the principal amount of $2,035,250, bearing interest at 8.25% per annum (the “Second Promissory Note”). The First Promissory Note was secured by the acquired real property and quarry infrastructure, and the Second Promissory Note was secured by the acquired equipment.

4The Company accounted for the transaction as a business combination in accordance ASC 805 “Business Combinations”. ~~DISPOSALS~~The ~~AND~~Company ~~DISCONTINUED~~performed ~~OPERATIONS~~an allocation of the purchase price paid for the assets acquired and the liabilities assumed. The fair values of the assets acquired in that transaction are set forth below. Because the fair values exceeded the purchase price, we recognized a gain on the purchase of $1,875,150. The allocation of the purchase price is based on management’s estimates and a third-party assessment of the fair value of the equipment purchased.

~~On August 22, 2024,~~SCHEDULE ~~substantially~~OF ~~all~~BUSINESS ofACQUISITION ~~the~~ALLOCATION ~~assets~~OF ofPURCHASE Collins Building were sold to its previous owner in exchange for the cancellation of all remaining debt owed to him arising from the Company’s acquisition of Collins Building in August 2023. Any projects related to Collins Building will be completed either by subcontractors or with equipment and resources of Range Environmental. The Company recognized a net loss on the Collins Building sale of $3,043,799. This sale did not constitute a discontinued operation as the Company has ongoing activities related to its acquisition of Collins Building, and only certain assets were sold and debts forgiven. As of March 31, 2025, any remaining active projects related to Collins Building will be completed by the previous owner or his subcontractors at the previous owner’s expense.PRICE

On September 30, 2024, the Company sold all of its common stock of Graphium Biosciences to a newly-formed entity, Placer Biosciences, Inc. (“Placer”), owned by two former officers of the Company, in exchange for a warrant to purchase 1,000 shares of Placer’s common stock (then representing 25% of the outstanding shares of Placer) at $0.01 per share and cash proceeds of $100. The warrant to purchase shares of Placer’s common stock expires on September 30, 2034.

Fair value of assets acquired:
Equipment	$	6,156,000
Land		554,900
Buildings		199,500
Total assets acquired		6,910,400
Less: Gain on bargain purchase price		(1,875,150	)
Purchase price	$	5,035,250
Cash consideration		1,000,000
Long-term notes issued to the seller		4,035,250
Total purchase price	$	5,035,250
Acquisition transaction costs incurred	$	167,212

~~Loss~~As discussed ~~from~~in ~~Discontinued~~Note ~~Operations~~4, on August 22, 2024, nearly all of the equipment, as well as the land and buildings were sold to the previous owner of Collins Building in consideration of the full and complete cancellation of the First Promissory Note and the Second Promissory Note.

~~Discontinued~~Collins ~~operations~~Building contributed $572,886 of revenue and $1,681 of net income to the Company’s consolidated revenues and net income for the ~~three~~six months ended ~~March 31~~June 30, ~~2024~~2025. ~~consists~~This ofrevenue ~~results~~was ~~from~~created ~~Graphium~~as ~~Biosciences~~a ~~operations.~~pass-through ~~The~~to ~~following~~a ~~table~~subcontractor who is completing contracts that belong to Collins ~~provides~~Building ~~details~~for ~~about~~abandoned mine sites. We anticipate these contracts will be completed by the ~~major~~end ~~classes~~of 2025. Collins Building’s operations contributed revenues of ~~line~~$0 ~~items~~and ~~constituting~~net ~~“Loss~~loss ~~from~~of ~~discontinued~~$274,081 ~~operations”~~to ~~presented~~the onCompany’s consolidated revenues and net loss for the three months ended ~~Company~~June 30, 2024. For the six months ended June 30, 2024, Collins Building’s ~~Consolidated~~operations ~~Statements~~contributed no revenue and a net loss of ~~Operations:~~$544,836. The losses stem primarily from depreciation of equipment and buildings purchased as part of the Collins Building acquisition.

~~SCHEDULE OF DISCONTINUING OPERATIONS INCOME STATEMENT~~14

	March 31, 2024
Operating expenses:
Research and development	$	131,640
Total operating expenses		131,640
Loss from discontinued operations	$	(131,640	)

3. ACQUISITION OF FOLA MINE SITE

5On March 31, 2025, the Company, through its wholly-owned subsidiary Range Sky View Land, LLC, acquired 120,154 acres of fee, surface and mineral interests at the Fola mine complex (“Fola Mine”) located in Clay and Nicholas Counties, West Virginia. ~~EQUITY~~As part of the Fola Acquisition, the Company acquired 15 mining permits at the Fola Mine with an estimated reclamation obligation of $29,282,126 and assumed an obligation to manage an additional 21 mining permits at the Fola Mine with a reclamation bond amount of $13,796,945. As a result, on March 31, 2025, the Company recorded AROs of $43,079,071 related to the Fola Acquisition, and capitalized an equal amount onto the fair value of the acquired land on that same date. The Company also assumed two coal royalty contracts and one 25-year solar lease for the development of a large-scale solar project located on more than 1,500 acres at the Fola Mine.

~~Issuance~~SCHEDULE ofOF BUSINESS ~~Common~~ACQUISITION ~~Stock~~OF FOLA MINE SITA

On January 21, 2025, the Company entered into a securities purchase agreement for the issuance and sale of 3,333,333 shares of the Company’s common stock at a price of $0.15 per share. The aggregate proceeds to the Company were approximately $500,000.

Estimated asset retirement obligation on 15 acquired permits	$	29,282,126
Contingent reclamation obligation on 21 permits		13,796,945
Total asset retirement obligation capitalized to land	$	43,079,071
Fair value of Fola Mine land acquired		8,561,000
Total land value of Fola Mine property	$	51,640,071
Beginning land value as of December 31, 2024		1,008,897
Land value as of March 31, 2025	$	52,648,968

OnThe fair ~~February~~value 6,of ~~2025,~~the land acquired by the Company ~~entered~~in ~~into~~connection awith ~~securities~~the ~~purchase~~Fola ~~agreement for~~Acquisition ~~the~~was ~~issuance~~$8,561,000, and ~~sale~~the Company agreed to credit an outstanding receivable of ~~555~~$2,~~556~~958,516 ~~shares~~due from one of the sellers to the Company’s, ~~common~~as ~~stock~~consideration atprovided ain ~~price~~lieu of $0cash.18 ~~per~~Because the ~~share.~~fair ~~The~~value ~~aggregate~~of ~~proceeds~~the toland acquired exceeded the amount of the accounts receivable credited in connection with the Fola Acquisition, the Company ~~were~~recognized ~~approximately~~a bargain purchase gain of $~~100~~5,~~000~~602,484 during the three months ended March 31, 2025.

6.SCHEDULE ~~STOCK~~OF ~~OPTIONS~~BARGAIN PURCHASE GAIN

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

Fair value of Fola Mine land acquired	$	8,561,000
Accounts receivable credited in lieu of cash		(2,958,516	)
Bargain purchase gain recognized	$	5,602,484

~~No stock options were granted to directors, advisors,~~4. ~~and~~DISPOSALS ~~employees~~AND ~~during~~DISCONTINUED ~~the three months ended March 31, 2025 or the three months ended March 31, 2024.~~OPERATIONS

~~For~~On August ~~each~~22, 2024, substantially all of the ~~three~~assets ~~months~~of ~~ended~~Collins ~~March~~Building ~~31,~~were sold to its previous owner in exchange for the cancellation ~~2025~~of ~~and~~all ~~March~~remaining ~~31,~~debt ~~2024,~~owed to him arising from the Company’s ~~recorded~~acquisition of Collins Building in August 2023. Any projects related to Collins Building will be completed either by subcontractors or with equipment and resources of Range Environmental. The Company recognized a net loss on the Collins Building sale of $43,~~490 in~~043,799. ~~stock-based~~This ~~compensation~~sale ~~expense~~did not constitute a discontinued operation as the Company has ongoing activities related to ~~vested~~its ~~stock~~acquisition ~~options~~of Collins Building, and only certain assets were sold and debts forgiven. AtAs of March 31, 2025, any ~~there~~remaining ~~was~~active ~~$51,990 of~~projects ~~unamortized~~related ~~cost~~to ofCollins Building will be completed by the ~~outstanding~~previous ~~stock-based~~owner ~~awards~~or his subcontractors at the previous owner’s expense.

AOn September ~~summary~~30, 2024, the Company sold all of its common stock of Graphium Biosciences to a newly-formed entity, Placer Biosciences, Inc. (“Placer”), owned by two former officers of the Company, in exchange for a warrant to purchase 1,000 shares of Placer’s common stock ~~option activity~~(then ~~during~~representing 25% of the ~~three~~outstanding ~~months~~shares ~~ended~~of ~~March~~Placer) ~~31,~~at ~~2025~~$0.01 isper asshare ~~follows:~~and cash proceeds of $100. The warrant to purchase shares of Placer’s common stock expires on September 30, 2034.

~~SCHEDULE~~Loss OFfrom ~~STOCK~~Discontinued ~~OPTION ACTIVITY~~Operations

	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

Discontinued operations for the three and six months ended June 30, 2024 consists of results from Graphium Biosciences operations. The Company had no discontinued operations for the three and six months ended June 30, 2025. The following table provides details about the major classes of line items constituting “Loss from discontinued operations” presented on the Company’s Consolidated Statements of Operations:

~~At March 31, 2025, the 11,590,876 outstanding~~SCHEDULE ~~stock~~OF ~~options~~DISCONTINUING ~~had~~OPERATIONS ~~$3,630~~INCOME ~~of intrinsic value.~~STATEMENT

	3 Months Ended June 30, 2024			6 Months Ended June 30, 2024

Operating expenses:
Research and development	$	157,278		$	288,918
Total operating expenses		157,278			288,918

Loss from discontinued operations	$	(157,278	)	$	(288,918	)

~~A summary of the Company’s stock options~~5. ~~outstanding as of March 31, 2025 is as follows:~~EQUITY

~~SCHEDULE~~Issuance OFof ~~STOCK~~Common ~~OPTION OUTSTANDING~~ Stock

	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	$	0.18
		1,550,000	$	0.212	$	0.212
		1,150,000	$	0.277	$	0.277
		750,000	$	0.30	$	0.30
		2,000,000	$	0.35	$	0.35
		250,000	$	0.38	$	0.38
		1,664,542	$	0.50	$	0.50
		128,000	$	0.96	$	0.96
		350,834	$	1.50 - 1.95	$	1.50 - 1.95
		597,500	$	2.00 - 2.79	$	2.00 - 2.79
		11,590,876

AOn February ~~summary~~6, 2025, the Company entered into a securities purchase agreement for the issuance and sale of 555,556 shares of the Company’s common stock ~~options outstanding~~at ~~and~~a ~~exercisable~~price as of ~~March~~$0.18 ~~31,~~per ~~2025~~share. isThe asaggregate ~~follows:~~proceeds to the Company were approximately $100,000.

~~SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE~~ 15

	Number of Options		Weighted Average Exercise Price		Weighted Average Grant- Date Stock Price
Options Outstanding and Exercisable, March 31, 2025		100,000	$	0.1337	$	0.1337
		2,950,000	$	0.18	$	0.18
		1,550,000	$	0.212	$	0.212
		1,150,000	$	0.277	$	0.277
		750,000	$	0.30	$	0.30
		2,000,000	$	0.35	$	0.35
		125,000	$	0.38	$	0.38
		1,664,542	$	0.50	$	0.50
		128,000	$	0.96	$	0.96
		350,834	$	1.50 - 1.95	$	1.50 - 1.95
		597,500	$	2.00 - 2.79	$	2.00 - 2.79
		11,365,876

6. STOCK OPTIONS

7.Stock options ~~WARRANTS~~issued during the three months ended June 30, 2025 and the three months ended June 30, 2024

ADuring the ~~summary~~three ofmonths ~~warrants~~ended June 30, 2025, the Company granted options to an officer and two directors to purchase 250,000 shares (each) of the Company’s common stock with an exercise price of $0.148 per share that expire ten years from the date of grant. All options ~~issued~~vested upon grant. The fair value of the option award was estimated on the date of grant using the Black-Scholes-Merton Option Pricing model based on the following assumptions: (i) volatility rate of 259.90%, (ii) discount rate of 3.75%, (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 $37,500 each, for a total of $112,500 which was allocated to general and administrative expenses during the three months ended ~~March~~June 3130, 2025. isIn asaddition ~~follows:~~to the expense recorded for the new option awards, there was $51,990 recorded for amortized stock-based awards during the three months ended June 30, 2025.

~~SCHEDULE~~During OFthe ~~WARRANTS~~three ~~ACTIVITY~~ months ended June 30, 2024, the Company granted options to an officer to purchase 250,000 shares of the Company’s common stock with an exercise price of $0.38 per share that expire ten years from the date of grant. Options to 125,000 shares vested upon grant and options to purchase 125,000 vest in one year. The fair value of the option award was estimated on the date of grant using the Black-Scholes-Merton Option Pricing model based 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.

	Shares		Weighted Average Exercise Price
Balance Outstanding and Exercisable at December 31, 2024		3,166,667	$	0.56
Granted		-		-
Exercised		-		-
Expired		-		-
Balance Outstanding and Exercisable at March 31, 2025		3,166,667	$	0.56

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.

AtA summary ~~March~~of ~~31,~~the ~~2025,~~Company’s stock option activity during the ~~3,166,667~~three ~~outstanding stock~~months ~~warrants~~ended ~~had~~June no30, ~~intrinsic~~2025 ~~value.~~is as follows:

8.SCHEDULE OF ~~LINE~~STOCK OFOPTION ~~CREDIT~~ACTIVITY

In November 2022, the Company secured a bank line of credit with a limit of $1,000,000. In November 2023, the parties amended and restated this line of credit. The line of credit, as amended, has a maturity date of December 31, 2025, and bears interest at the fixed rate of eight and three-quarters percent (8.75%). As of March 31, 2025 and December 31, 2024, the balance due under the line of credit was $1,000,000.

	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

In At June ~~2023~~30, ~~Range Environmental secured a bank loan with a limit of $1~~2025,~~000,000.~~ ~~In November 2023,~~ the ~~loan amount was increased to $1~~12,~~400~~243,~~000.~~376 ~~Principal~~outstanding ~~and~~stock ~~accrued~~options ~~interest~~had ~~payments are required in March~~$67,630 ~~June, September and December. The loan has a maturity date~~ of ~~December~~intrinsic ~~31, 2025, and bears interest at the fixed rate of seven and three-quarters per cent (7~~value.~~75%). As of March 31, 2025 and December 31, 2024, the balance due under the loan was $1,000,000.~~

15A summary of the Company’s stock options outstanding and exercisable as of June 30, 2025 is as follows:

9.SCHEDULE OF ~~LONG-TERM~~STOCK ~~DEBT~~OPTION ~~OBLIGATIONS~~OUTSTANDING

Long-term debt consists of debt on equipment, which serves as the collateral. Interest rates on the equipment financings range from 6.2% to 7.2% for 2025 and mature between 2027 through 2029.

	Number of Options		Weighted Average Exercise Price		Weighted Average Grant- Date Stock Price
Options Outstanding and Exercisable, June 30, 2025		100,000	$	0.1337	$	0.1337
		750,000	$	0.148	$	0.148
		3,050,000	$	0.18	$	0.18
		1,550,000	$	0.212	$	0.212
		1,150,000	$	0.277	$	0.277
		750,000	$	0.30	$	0.30
		2,000,000	$	0.35	$	0.35
		250,000	$	0.38	$	0.38
		1,664,542	$	0.50	$	0.50
		128,000	$	0.96	$	0.96
		350,834	$	1.50 - 1.95	$	1.50 - 1.95
		500,000	$	2.00 - 2.79	$	2.00 - 2.79
		12,243,376

As described in Note 4, in August 2024, the Collins Building debt was cancelled in exchange for the property and substantially all of the equipment acquired in the original transaction. The Collins Building debt consisted of a five-year5 secured promissory note with an original principal amount of $2,000,000, bearing interest at 7.0% per annum (the “First Promissory Note”), and a two-year2 secured promissory note with an original principal amount of $2,035,250, bearing interest at 8.25% per annum (the “Second Promissory Note”). The First Promissory Note was secured by the acquired real property and quarry infrastructure and the Second Promissory Note was secured by the acquired equipment. Both of these notes have been cancelled.16

~~In November 2024, certain equipment items no longer needed by the Company were surrendered to the financing company which held liens on the equipment, in exchange for a release of debt~~7. ~~The result of this transaction was a reduction of the net equipment values on the balance sheet and a reduction in long-term~~ ~~debt of $1,012,375.~~WARRANTS

A summary of ~~payments~~warrants ~~due~~to ~~under~~purchase common stock issued during the ~~Company’s~~six ~~long-term~~months ~~debt~~ended byJune ~~year~~30, 2025 is as follows:

SCHEDULE OF ~~MATURITIES~~WARRANTS ~~OF LONG TERM DEBT~~ACTIVITY

	Equipment Financing
	Shares		Weighted Average Exercise Price
2025 – due between April 1, 2025 and March 31, 2026		474,781
Balance Outstanding and Exercisable at December 31, 2024		3,166,667	$	0.56
2026 – due between April 1, 2026 and March 31, 2027		505,680
Granted		-		-
2027 – due between April 1, 2027 and March 31, 2028		489,343
Exercised		-		-
2028 – due between April 1, 2028 and March 31, 2029		520,544
Expired		-		-
2029 and later – due on April 1, 2029 and thereafter		247,582
Balance Outstanding and Exercisable at June 30, 2025		3,166,667	$	0.56
Total long-term debt	$	2,237,930

~~10.~~At June ~~MAJOR~~30, ~~CUSTOMER~~2025, ~~AND~~the ~~CONCENTRATION~~3,166,667 OFoutstanding ~~CREDIT RISK~~stock warrants had no intrinsic value.

~~Sales to the Company’s largest customer were 59% of total sales for the three months ended March 31, 2025~~8. ~~Sales to the Company’s largest customer for the year ended December~~ ~~31,~~LINE ~~2024~~OF ~~was 53%.~~CREDIT

~~Accounts~~In November ~~receivable~~2022, ~~from~~ the ~~same~~Company ~~customer were~~secured 0% a bank line of ~~total~~credit ~~accounts~~with ~~receivable~~a aslimit of ~~March 31~~$1,000,000. ~~2025~~In ~~(since~~November 2023, the ~~entire~~parties ~~accounts~~amended ~~receivable~~and ~~balance~~restated this ~~due~~line ~~from~~of ~~this~~credit. ~~customer~~The ~~was~~line ~~credited~~ of credit, as ~~in-lieu~~amended, ~~consideration~~has ina ~~connection~~maturity ~~with~~date ~~the~~of ~~Fola~~December ~~Acquisition~~31, ~~that~~2025, ~~closed~~and onbears ~~that~~interest ~~date)~~at the fixed rate of eight and 83three-quarters percent (8.75% as). As of June 30, 2025 and December 31, 2024, the balance due under the line of credit was $1,000,000.

11In June 2023, Range Environmental secured a bank loan with a limit of $1,000,000. ~~COMMITMENTS~~In ~~AND~~November ~~CONTINGENCIES~~2023, the loan amount was increased to $1,400,000. Principal and accrued interest payments are required in March, June, September and December. The loan has a maturity date of December 31, 2025, and bears interest at the fixed rate of seven and three-quarters per cent (7.75%). As of June 30, 2025 and December 31, 2024, the balance due under the loan was $800,000 and $1,000,000, respectively.

~~From time to time, the Company is involved in legal matters arising in the ordinary course of business~~9. ~~While the Company believes that such matters are currently not material, there~~ ~~can~~LONG-TERM beDEBT no assurance that matters arising in the ordinary course of business for which the Company is, or could be, involved in litigation, will not have an adverse effect on its business, financial condition or results of operations.OBLIGATIONS

12Long-term debt consists of debt on equipment, which serves as the collateral. ~~SEGMENT~~Interest ~~INFORMATION~~rates on the equipment financings range from 6.2% to 7.2% for 2025 and mature between 2027 through 2029.

~~ASC 280, “Segment Reporting”~~As ~~establishes~~described ~~standards~~in ~~for~~Note ~~reporting~~4, ~~information~~in ~~about~~August ~~operating~~2024, ~~segments on a basis consistent with~~ the ~~Company’s~~Collins ~~internal organizational~~Building ~~structure~~debt aswas ~~well~~cancelled asin ~~information~~exchange ~~about~~for ~~services,~~the ~~categories,~~property ~~business segments~~ and ~~major~~substantially ~~customers~~all inof ~~financial~~the ~~statements.~~equipment ~~The Company~~acquired ~~has~~in ~~two reportable segments that are based on~~ the ~~following~~original ~~business units: (i) Range Land and (ii) Range Services~~transaction. The ~~Range~~Collins ~~Reclaim,~~Building ~~Range~~debt ~~Security~~consisted ~~and~~of ~~Range~~a ~~Water operating business segments,~~five5-year ~~which~~secured ~~had~~promissory ~~been~~note ~~previously~~with ~~reported~~an asoriginal ~~separate~~principal ~~operating~~amount ~~business~~of ~~segments~~$2,000,000, bearing ~~are~~interest ~~now~~at ~~captured~~7.0% per ~~within~~annum (the ~~Range~~“First ~~Services operating~~Promissory ~~business segment. As described in~~ Note 4”), ~~the~~and ~~Company’s~~a ~~Graphium Biosciences segment was~~two2-year ~~reported~~secured aspromissory ~~discontinued~~note ~~operations~~with ~~during~~an ~~the~~original ~~third~~principal ~~quarter~~amount of ~~2024~~$2, ~~and accordingly~~035, ~~the results of this segment are excluded from the table below~~250, bearing ~~which~~interest ~~only~~at ~~reflects continuing operations for all periods presented~~8.25% per Inannum ~~accordance with~~ (the “~~Segment~~Second ~~Reporting~~Promissory Note” ~~Topic~~). ofThe ~~the~~First ~~ASC,~~Promissory ~~the~~Note ~~Company’s~~was ~~chief~~secured ~~operating~~by ~~decision-maker has been identified as~~ the ~~Company’s~~acquired ~~Chief~~real ~~Executive Officer,~~property ~~who reviews operating results to make decisions about allocating resources~~ and ~~assessing performance for the entire~~quarry ~~Company.~~infrastructure ~~Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly~~ and tothe ~~report~~Second ~~annually~~Promissory ~~entity-wide~~Note ~~disclosures~~was ~~about~~secured ~~products~~by ~~and services, major customers and~~ the ~~countries~~acquired ~~in which the entity holds material assets and reports revenue~~equipment. ~~All~~Both ~~material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics, nature~~ of ~~products~~these ~~and~~notes ~~services,~~have ~~and~~been ~~procurement, manufacturing and distribution processes~~cancelled.

~~The~~In November ~~two~~2024, ~~reportable~~certain ~~segments~~equipment ~~that~~items no longer needed by the Company were surrendered to the financing company which held liens on the equipment, in exchange for a release of debt. The result ~~from~~of ~~applying~~this transaction was a reduction of the ~~aggregation~~net equipment values on the ~~criteria~~balance sheet and a reduction in long-term debt of $1,012,375. In June 2025, the financing company asserted deficiency claims in the amount of $560,402 which are included in the financial statements as ~~follows:~~an other expense in the consolidated statement of operations and as an accrued expense as of June 30, 2025.

●A summary ~~Range~~of ~~Land~~payments –due ~~mine~~under ~~land~~the ~~acquired,~~Company’s ~~reclaimed~~long-term ~~and~~debt ~~repurposed~~by ~~for~~year ~~next~~is ~~generation~~as ~~uses ● Range Services – services in support of reclamation and repurposing of acquired mine land~~follows:

~~The~~SCHEDULE OF ~~Company~~MATURITIES ~~had~~OF noLONG ~~inter-segment~~TERM ~~sales for the periods presented.~~DEBT

	Equipment Financing

2025 – due between July 1, 2025 and June 30, 2026		854,246
2026 – due between July 1, 2026 and June 30, 2027		465,582
2027 – due between July 1, 2027 and June 30, 2028		458,135
2028 – due between July 1, 2028 and June 30, 2029		304,314
Total long-term debt	$	2,082,277

~~Summarized financial information concerning the Company’s reportable segments is shown as below:~~17

~~SCHEDULE~~10. OFMAJOR ~~FINANCIAL~~CUSTOMER ~~INFORMATION~~AND CONCENTRATION OF ~~REPORTABLE~~CREDIT ~~SEGMENT~~RISK

BySales to ~~Categories~~the Company’s largest customer were 54% and 0% of total sales for the three and six months ended June 30, 2025, respectively. Sales to the Company’s two largest customers constituted 92% and 89% of total sales for the three and six months ended June 30, 2024, respectively.

	Range Land				Range Services		Corporate			Total
	For the three months ended March 31, 2025
	Range Land			Range Services			Corporate			Total
Sales	$	-		$	695,701		$	-		$	695,701
Gross profit (loss)		(22,500	)		26,351			-			3,851
Net income (loss)		5,579,419			(221,970	)		(257,822	)		5,099,627
Total assets		52,648,968			1,754,617			44,734			54,448,319
Depreciation		-			84,783			-			84,783
Interest expense		-			82,534			8,334			90,868
Capital expenditures for long-lived assets	$	-		$	100,000		$	-		$	100,000

Accounts receivable from the largest customer were 0% of total accounts receivable as of June 30, 2025 and December 31, 2024. Accounts receivable as of June 30, 2025 were 46% from the second largest customer as of June 30, 2025. Accounts receivable from this customer were 17% as of December 31, 2024.

	Range Land			Range Services		Corporate			Total
	For the three months ended March 31, 2024
	Range Land		Range Services			Corporate			Total
Sales	$	-	$	3,909,893		$	-		$	3,909,893
Gross profit (loss)		-		18,854			-			18,854
Net income (loss)		-		(611,138	)		(471,062	)		(1,082,200	)
Total assets		1,009,866		18,790,075			1,004,826			20,804,767
Depreciation		-		638,435			-			638,435
Interest expense		-		92,978			82,280			175,258
Capital expenditures for long-lived assets	$	-	$	-		$	-		$	-

11. COMMITMENTS AND CONTINGENCIES

14From time to time, the Company is involved in legal matters arising in the ordinary course of business. ~~SUBSEQUENT~~While ~~EVENTS~~the Company believes that such matters are currently not material, there can be no assurance that matters arising in the ordinary course of business for which the Company is, or could be, involved in litigation, will not have an adverse effect on its business, financial condition or results of operations.

~~In April 2025, the Company issued options to purchase a total of 750,000 shares of the Company’s common stock to two directors and one officer with exercise prices of $0~~12.~~148 per share that~~ ~~expire~~SEGMENT ~~ten years from the date of grant.~~INFORMATION

17ASC 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about services, categories, business segments and major customers in financial statements. The Company has two reportable segments that are based on the following business units: (i) Range Land and (ii) Range Services. The Range Reclaim, Range Security and Range Water operating business segments, which had been previously reported as separate operating business segments are now captured within the Range Services operating business segment. As described in Note 4, the Company’s Graphium Biosciences segment was reported as discontinued operations during the third quarter of 2024, and accordingly, the results of this segment are excluded from the table below, which only reflects continuing operations for all periods presented. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision-maker has been identified as the Company’s Chief Executive Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics, nature of products and services, and procurement, manufacturing and distribution processes.

~~Item~~The two 2.reportable ~~Management’s~~segments ~~Discussion~~that ~~and~~result ~~Analysis~~from ofapplying ~~Financial~~the ~~Condition~~aggregation ~~and~~criteria ~~Results~~are ofas ~~Operations~~follows:

~~Cautionary~~● ~~Statement~~Range Land – mine land acquired, reclaimed and repurposed for next generation uses ● Range Services – services in support of reclamation and repurposing of acquired mine land

The ~~following discussion~~ ~~and~~Company ~~analysis~~had ofno our financial condition and results of operations should be read in conjunction with our Unaudited Condensed Financial Statements and the related notes thereto contained in Part I, Item 1 of this Quarterly Report. The information contained in this Quarterly Report on Form 10inter-Qsegment issales not a complete description of our business or the risks associated with an investment in our common stock. We urge you to carefully review and consider the various disclosures made by us in this Quarterly Report and in our other reports filed with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the ~~year~~periods ~~ended December 31, 2024 filed on March 31, 2025, and the related audited financial statements and notes included therein~~presented.

Certain statements made in this Quarterly Report on Form 10-Q constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). Forward-looking statements are projections in respect of future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause our or our industry’s actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. These risks and uncertainties include: general economic and financial market conditions; our ability to obtain additional financing as necessary; our ability to continue operating as a going concern; any adverse occurrence with respect to our business: other factors beyond our control; and the other risks described under the heading “Risk Factors” in our Annual Report on Form 10-K filed with the SEC on March 31, 2025.18

~~Although we believe that~~Summarized ~~the~~financial ~~expectations~~information ~~and~~concerning ~~assumptions reflected in~~ the ~~forward-looking~~Company’s ~~statements~~reportable wesegments ~~make~~is ~~are~~shown reasonable, we cannot guarantee future results, levels of activity or performance. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those expressed by any forward-looking statements. As a result, readers should not place undue reliance on any of the forward-looking statements we make in this report. Forward-looking statements speak only as ~~of the date on which they are made. Except as required by law, we undertake no obligation to revise or update publicly any forward-looking statements for any reason.~~below:

~~Company~~SCHEDULE OF ~~Overview~~FINANCIAL INFORMATION OF REPORTABLE SEGMENT

~~Range is a public~~By company dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. We are focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. We seek to take an opportunistic approach to impact investing by leveraging our competitive advantages and looking at solving old problems in new ways. We seek to thoughtfully allocate its capital into strategic opportunities that are expected to make a positive impact on the people-planet ecosystem and generate strong investment returns for our shareholders.Categories

Our corporate headquarters is located in Cleveland, Ohio, with an additional office in Fola, West Virginia. As of May 15, 2025, we employed 18 full-time employees. In addition, we have, from time to time, engaged various consultants and professional service firms to provide us with flexible and experienced resources to advance our corporate objectives in order to maintain a cost-effective overhead structure. We strive to instill a corporate culture of honesty, integrity and respect while advancing our mission of doing well by doing good.

	Range Land			Range Services		Corporate			Total
	For the three months ended June 30, 2025
	Range Land		Range Services			Corporate			Total

Sales	$	1,106,089	$	285,393		$	-		$	1,391,482
Gross profit (loss)		562,056		(53,734	)		-			508,322
Net income (loss)		543,207		(908,563	)		(432,825	)		(798,181	)

Total assets		56,757,222		1,402,602			57,668			58,217,492
Depreciation		-		40,260			-			40,260
Interest expense		-		65,200			22,118			87,318
Capital expenditures for long-lived assets	$	-	$	-		$	-		$	-

Impact Investing Strategy

	Range Land			Range Services		Corporate			Total
	For the three months ended June 30, 2024
	Range Land		Range Services			Corporate			Total

Sales	$	-	$	2,349,738		$	-		$	2,349,738
Gross profit (loss)		-		(148,929	)		-			(148,929	)
Net income (loss)		-		(769,176	)		(456,505	)		(1,225,681	)

Total assets		1,008,940		17,668,095			764,485			19,441,520
Depreciation		-		638,437			-			638,437
Interest expense		-		61,195			104,465			165,660
Tax expense		-		-			56,600			56,600
Capital expenditures for long-lived assets	$	-	$	-		$	-		$	-

Our impact investing strategy aims to improve the health and wellness of people and the planet, while also generating long-term sustainable financial returns for our shareholders. We believe that doing well and doing good are not mutually exclusive, and that an impact investing strategy can balance the environmental, social and economic needs of people and the planet while also generating attractive risk-adjusted financial returns for shareholders.

	Range Land			Range Services		Corporate			Total
	For the six months ended June 30, 2025
	Range Land		Range Services			Corporate			Total

Sales	$	1,106,089	$	981,094		$	-		$	2,087,183
Gross profit (loss)		539,556		(27,383	)		-			512,173
Net income (loss)		6,122,626		(1,130,532	)		(690,648	)		4,301,446

Total assets		56,757,222		1,402,602			57,668			58,217,492
Depreciation		-		125,043			-			125,043
Interest expense		-		147,734			30,452			178,186
Capital expenditures for long-lived assets	$	-	$	100,000		$	-		$	100,000

Our impact investing strategy provides an opportunity for our dedicated team to address pressing environmental, social and economic challenges, such as air and water pollution, educational inequality and economic disparity, and climate change, through the development and implementation of innovative and creative solutions. By actively directing investment capital towards businesses that are working to create positive environmental, social and economic outcomes, we believe that our impact investing strategy can contribute to an improved people-planet ecosystem and a healthier and happier way of life.

	Range Land			Range Services		Corporate			Total
	For the six months ended June 30, 2024
	Range Land		Range Services			Corporate			Total

Sales	$	-	$	6,259,631		$	-		$	6,259,631
Gross profit (loss)		-		(130,075	)		-			(130,075	)
Net income (loss)		-		(1,511,954	)		(927,567	)		(2,439,521	)

Total assets		1,008,940		17,668,095			764,485			19,441,520
Depreciation		-		1,276,872			-			1,276,872
Interest expense		-		154,173			186,745			340,918
Tax expense		-		-			56,600			56,600
Capital expenditures for long-lived assets	$	-	$	-		$	-		$	-

~~We have a particular interest in providing environmental and social solutions in economically-disadvantaged regions of the United States~~13. ~~Initially, the Company is~~ ~~targeting~~SUBSEQUENT the Appalachian region, which is home to communities with some of the most disadvantaged income, education and employment demographics in the United States. Our ambitious strategy is to acquire large mine sites burdened by substantial legacy reclamation obligations and use our team and resources to perform the requisite reclamation activities and obtain full bond release, thereby unlocking the underlying value of the land and creating a critical catalyst for sustainable, long-term economic development in the disadvantaged coal communities of Appalachia.EVENTS

18On July 1, 2025, the coal mining lease assumed as part of the Winoc Acquisition became effective.

~~Operating~~In early ~~Business~~August ~~Segments~~2025, the equipment held for sale was surrendered to the financing company which held liens on the equipment.

~~Our two operating business segments are Range Land and Range Services.~~19

~~Range~~Item 2. ~~Land~~Management’s Discussion and Analysis of Financial Condition and Results of Operations

~~Range Land, LLC, an Ohio limited~~Cautionary liability company (“Range Land”), is a wholly-owned subsidiary focused on acquiring former mine lands with the goal of reclaiming and repurposing the sites for non-fossil fuel uses, including commercial, industrial, residential and recreational developments, with a particular focus on renewable energy facilities, innovative agricultural installations, and projects focused on improving the quality and condition of our air, land and waterways.Statement

~~According to industry estimates,~~The ~~Appalachia~~following ~~contains~~discussion ~~nearly~~and ~~one~~analysis ~~million acres~~ of ~~abandoned,~~our ~~idled~~financial condition and ~~non-performing~~results ~~mine~~of ~~sites~~operations ~~that~~should ~~are~~be ~~burdened~~read in conjunction with ~~significant~~our ~~land~~Unaudited ~~reclamation~~Condensed Financial Statements and ~~water~~the ~~restoration~~related ~~obligations.~~notes ~~Many~~thereto ofcontained ~~these~~in ~~troubled~~Part ~~mine~~I, ~~sites~~Item ~~are~~1 ~~subject~~of tothis ~~mining~~Quarterly ~~permits~~Report. ~~and~~The ~~associated~~information ~~reclamation~~contained ~~bonds,~~in ~~which~~this asQuarterly aReport ~~result,~~on ~~prevents~~Form ~~the~~10-Q ~~land~~is ~~from~~not ~~being~~a ~~repurposed~~complete ~~for~~description ~~non-mining~~of ~~uses~~our ~~until~~business or the ~~land~~risks ~~has~~associated ~~been~~with ~~reclaimed~~an ~~and~~investment ~~the~~in ~~permits~~our ~~and~~common ~~bonds~~stock. ~~have~~We ~~been~~urge ~~released~~you byto ~~the~~carefully ~~applicable~~review ~~state’s~~and ~~environmental~~consider ~~protection~~the ~~department.~~various ~~Water~~disclosures ~~quality~~made isby aus ~~particularly~~in ~~challenging issue~~this ~~since~~Quarterly aReport ~~permit~~and ~~can~~in ~~only~~our beother reports ~~released~~filed ifwith the ~~site~~Securities ~~has~~and atExchange ~~least~~Commission ~~12-months~~(the of“SEC”), ~~compliant~~including ~~water~~our ~~samples~~Annual ~~without~~Report ~~active~~on ~~chemical~~Form ~~treatment, which~~10-K ~~heightens~~for the ~~need~~year ended ~~for~~December ~~water~~31, ~~restoration~~2024 ~~solutions~~filed toon ~~help~~March ~~transition~~31, ~~former~~2025, ~~mine~~and ~~land~~the torelated ~~economically~~audited ~~viable~~financial ~~non-mining~~statements ~~uses~~and notes included therein.

~~The~~Certain statements ~~Company~~made ~~has~~in ~~assembled~~this Quarterly Report on Form 10-Q constitute “forward-looking statements” within the meaning of Section ~~internal~~27A ~~resources~~of the Securities Act of 1933 and ~~capabilities~~Section to21E ~~reclaim~~of ~~land~~the Securities Exchange Act of 1934 (the “Exchange Act”). Forward-looking statements are projections in respect of future events or our future financial performance. In some cases, ~~restore~~you ~~waterways~~can identify forward-looking statements by terminology such as “may,” ~~install~~“will,” ~~innovative~~“should,” ~~water~~“intend,” ~~treatment~~“expect,” “plan,” ~~solutions~~“anticipate,” ~~and~~“believe,” ~~secure~~“estimate,” ~~mine~~“predict,” “potential,” ~~sites~~or to“continue” ~~protect~~or the ~~significant~~negative ~~historical~~of ~~investment~~these interms ~~infrastructure~~or other comparable terminology. InThese ~~addition,~~statements ~~the~~are ~~Company~~only ~~has~~predictions ~~expertise~~and involve inknown ~~the~~and ~~permit~~unknown ~~and~~risks, ~~bond~~uncertainties ~~release~~and ~~process~~other factors, which ismay acause ~~critical~~our or our industry’s actual results, levels of activity or performance to ~~unlocking~~be ~~the~~materially ~~underlying~~different ~~value~~from any future results, levels of aactivity ~~former~~or ~~mine~~performance ~~land for~~expressed ~~non-fossil~~or ~~fuel~~implied ~~uses~~by these forward-looking statements. ~~Range~~These ~~Land~~risks isand ~~actively~~uncertainties ~~reviewing~~include: ~~several~~general ~~mine~~economic ~~sites~~and ~~throughout~~financial ~~Appalachia~~market toconditions; ~~acquire,~~our ~~reclaim~~ability ~~and~~to ~~repurpose~~obtain additional infinancing ~~order~~as necessary; our ability to ~~improve~~continue ~~the~~operating ~~land~~as a going concern; any adverse occurrence with respect to our business: other factors beyond our control; and ~~create~~the ~~non-fossil~~other ~~fuel~~risks ~~economic~~described ~~development~~under ~~opportunities~~the ~~for~~heading ~~disadvantaged~~“Risk ~~local~~Factors” ~~coal~~in ~~communities~~our Annual Report on Form 10-K filed with the SEC on March 31, 2025.

InAlthough we ~~September~~believe ~~2023,~~that ~~Range Land,~~the ~~through~~expectations ~~its~~and ~~wholly-owned~~assumptions ~~subsidiary,~~reflected ~~CLV~~in ~~Azurite~~the ~~Land,~~forward-looking ~~LLC~~statements ~~(“CLV~~we ~~Azurite”),~~make ~~acquired~~are ~~over 1~~reasonable,~~700~~ ~~acres~~we ofcannot ~~surface~~guarantee ~~interest~~future atresults, anlevels ~~idled~~of ~~mine~~activity ~~complex~~or ~~in West Virginia~~performance. ~~CLV~~In ~~Azurite~~addition, iswe incannot ~~active~~assess ~~discussions with~~ the ~~holder~~impact of ~~the~~each ~~permits~~factor ~~and~~on ~~bonds associated~~our ~~with~~business or the ~~acquired~~extent to ~~land~~which inany ~~order~~factor, ~~that~~or ~~the~~combination ~~acquired~~of ~~surface~~factors, ~~acreage~~may ~~can~~cause beactual ~~repurposed~~results ~~for~~to ~~alternative~~differ ~~non-fossil~~materially ~~fuel~~from ~~uses. CLV~~those ~~Azurite~~expressed isby inany ~~concurrent~~forward-looking statements. ~~active~~As ~~discussions~~a ~~with~~result, ~~two~~readers ~~experienced~~should ~~and~~not ~~well-capitalized~~place ~~solar~~undue ~~developers~~reliance toon ~~convert~~any of the ~~former mine~~forward-looking ~~land~~statements ~~into~~we amake ~~large~~in ~~solar~~this ~~energy~~report. ~~facility~~Forward-looking statements onspeak aonly ~~majority~~as of the ~~acquired~~date ~~surface~~on ~~acreage,~~which asthey ~~well~~are made. Except as ~~additional~~required ~~acreage~~by ~~for commercial~~law, ~~industrial,~~we ~~recreational~~undertake ~~and~~no ~~residential~~obligation ~~development pursuant~~ to ~~which~~revise ~~the~~or ~~solar developer would pay a~~update ~~negotiated~~publicly ~~amount~~any onforward-looking astatements ~~per~~for ~~acre~~any ~~basis~~reason.

~~On March 31, 2025, the~~ Company~~, through its wholly-owned subsidiary, Range Sky View Land, LLC, acquired 120,154 acres of fee, surface and mineral interests~~ at the Fola mine complex (“Fola Mine”) located in Clay and Nicholas Counties, West Virginia pursuant to which the Company acquired 15 mining permits with an estimated reclamation obligation of $29,282,126 and assumed an obligation to manage an additional 21 mining permits with an estimated reclamation obligation of $13,796,945. As a result, on March 31, 2025, the Company recorded AROs of $43,079,071 related to the Fola Acquisition and capitalized an equal amount onto the fair value of the acquired land on that same date. The Company also assumed two coal royalty contracts and one 25-year solar lease with a multi-national corporation for the development of a large-scale solar project located on more than 1,500 acres at the Fola Mine.Overview

Range is ~~Services~~a public company dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. We are focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. We seek to take an opportunistic approach to impact investing by leveraging our competitive advantages and looking at solving old problems in new ways. We seek to thoughtfully allocate our capital into strategic opportunities that are expected to make a positive impact on the people-planet ecosystem and generate strong investment returns for our shareholders.

~~Range~~Our corporate ~~Services~~headquarters is ~~our operating~~located ~~business~~in ~~segment~~Cleveland, ~~that~~Ohio, ~~provides~~with ~~environmental~~an ~~and~~additional ~~operational~~office ~~support~~in ~~services~~Fola, toWest ~~help~~Virginia. ~~reclaim~~As ~~and~~of ~~repurpose~~August ~~former~~14, ~~mine land~~2025, ~~into~~we ~~next~~employed 10 full-~~generation~~time ~~uses~~employees. ~~All~~In ofaddition, ~~the~~we ~~Company’s~~have, ~~reclamation~~from time to time, ~~water~~engaged ~~treatment~~various consultants and ~~security~~professional ~~employees,~~service ~~equipment~~firms ~~and~~to provide ~~trucks,~~us with flexible and ~~technological~~experienced ~~innovations~~resources ~~are~~to ~~classified~~advance ~~within~~our ~~the~~corporate ~~Range~~objectives ~~Services~~in ~~business~~order ~~segment.~~to ~~Range~~maintain ~~Services~~a iscost-effective ~~dedicated~~overhead tostructure. ~~reclaiming~~We ~~and~~strive ~~repurposing~~to ~~land~~instill ~~owned~~a bycorporate ~~the~~culture ~~Company~~of ~~and~~honesty, ~~does~~integrity ~~not~~and ~~currently~~respect ~~provide~~while ~~any~~advancing ~~reclamation,~~our ~~water~~mission ~~treatment~~of ~~or security~~doing ~~services~~well toby ~~third-parties~~doing good.

~~Reclamation support services on mine sites includes grading, recontouring,~~Impact ~~revegetation,~~Investing erosion control, and other activities necessary to meet federal and state post-mining land use requirements. Water treatment services include the operation and maintenance of passive and active treatment systems designed to manage and treat mine-impacted water, including acid mine drainage, in compliance with applicable environmental permits. Range Services is also responsible for collecting water samples, coordinating testing with certified laboratories, and treating water with chemicals and other more innovative solutions, such as the Company’s proprietary biochar water filtration products and system currently in development. Range Services also provides physical site security, access control, and risk mitigation activities to ensure the safety, compliance, and regulatory protection of the Company’s land assets.Strategy

~~Competition~~Our impact investing strategy aims to improve the health and wellness of people and the planet, while also generating long-term sustainable financial returns for our shareholders. We believe that doing well and doing good are not mutually exclusive, and that an impact investing strategy can balance the environmental, social and economic needs of people and the planet while also generating attractive risk-adjusted financial returns for shareholders.

Our impact ~~Company~~investing isstrategy ~~focused~~provides ~~on a~~an ~~large~~opportunity ~~and~~for ~~growing~~our ~~marketplace~~dedicated ~~for~~team ~~impact~~to ~~investing~~address ~~initiatives~~pressing environmental, social and ~~therefore~~economic challenges, such isas ~~anticipated~~air toand ~~face~~water ~~competition~~pollution, ~~from~~educational ainequality ~~variety~~and ~~of operating~~economic ~~businesses~~disparity, and ~~investment~~climate ~~funds~~change, ~~who~~through ~~are~~the ~~developing~~development ~~similar~~and ~~business~~implementation of ~~plans~~innovative and ~~operating~~creative ~~strategies~~solutions. toBy ~~satisfy~~actively ~~the~~directing ~~increasing demands~~investment ofcapital ~~these~~towards ~~types~~businesses ofthat ~~investments~~are inworking ~~the~~to ~~marketplace.~~create Inpositive environmental, ~~many~~social ~~cases~~and economic outcomes, ~~these~~we ~~competitors~~believe ~~are~~that ~~larger~~our ~~and~~impact ~~better~~investing ~~capitalized~~strategy ~~operating~~can contribute to an improved people-planet ~~businesses~~ecosystem and ~~investment~~a ~~funds~~healthier and happier way of life.

~~Our~~We have ~~Company~~a ~~competes~~particular oninterest ~~the basis~~in ofproviding aenvironmental ~~number~~and social solutions in economically-disadvantaged regions of ~~factors~~the United States. Initially, ~~including~~the ~~our~~Company ~~geographic~~is ~~focus~~targeting onthe ~~Appalachia~~Appalachian region, ~~access~~which is home to ~~mission-driven~~communities ~~energy-transition~~with ~~capital,~~some ~~access to~~of ~~impact~~the ~~investing~~most ~~opportunities~~disadvantaged income, education ~~strategic~~and ~~relationships~~employment ~~with~~demographics ~~reclamation~~in ~~bond~~the ~~insurance~~United ~~companies,~~States. ~~recruitment~~Our ~~and~~ambitious ~~retention~~strategy ofis ~~key~~to acquire large mine sites burdened by substantial ~~personnel,~~legacy ~~market~~reclamation ~~share~~obligations ~~with~~and ~~key~~use ~~customers,~~our team and ~~supply~~resources ~~relationships~~to ~~with~~perform ~~critical~~the ~~vendors.~~requisite ~~Our~~reclamation ~~ability~~activities toand ~~continue~~obtain tofull ~~compete~~bond ~~effectively~~release, inthereby ~~our~~unlocking ~~businesses~~the ~~will~~underlying ~~depend~~value ~~upon~~of ~~our~~the ~~ability~~land toand ~~attract~~creating ~~new~~a ~~employees~~critical ~~and~~catalyst ~~retain~~for ~~and~~sustainable, ~~motivate~~long-term ~~our~~economic ~~existing~~development ~~employees~~in the disadvantaged coal communities of Appalachia.

1920

~~Results~~Operating Business ~~of Operations~~Segments

~~Three~~Our two ~~Months~~operating ~~Ended~~business ~~March~~segments ~~31,~~are ~~2025~~Range Land and ~~March 31,~~Range ~~2024~~Services.

~~The Company’s revenue~~Range for the three months ended March 31, 2025 was $695,701 and its gross profit was $3,851. The Company’s revenue for the three months ended March 31, 2024 was $3,909,893 and its gross profit was $18,854. The significant decrease in revenue is primarily a result of management’s decision to exit the mining business and the AML reclamation business in 2024.Land

~~For the three months~~The ~~ended March 31~~Company, ~~2025,~~through ~~general~~its ~~and~~wholly-owned ~~administrative~~subsidiary, ~~expenses~~Range ~~were~~Land, ~~$559~~LLC,~~147,~~ ~~compared~~and toits ~~$943~~subsidiaries (“Range Land”),~~901~~ ~~incurred~~is focused ~~for~~on ~~the~~acquiring ~~three~~former ~~months~~mine ~~ended March~~lands ~~31,~~with ~~2024~~the (agoal ~~decrease~~ of ~~$384,754).~~reclaiming ~~General~~ and ~~administrative~~repurposing ~~expenses~~the sites ~~generally~~for ~~include~~non-fossil ~~corporate~~fuel ~~overhead~~uses, ~~salaries~~including ~~and other compensation costs~~commercial, ~~financial and administrative contracted services~~industrial, ~~legal~~residential and ~~audit~~recreational ~~fees~~developments, ~~other~~with ~~professional~~a ~~and~~particular ~~consulting~~focus ~~fees,~~on ~~insurance,~~renewable ~~marketing~~energy facilities, ~~and~~innovative ~~travel~~agricultural ~~expenses.~~installations, ~~The largest decrease in general~~ and ~~administrative~~projects ~~expenses~~focused ~~for~~on ~~the~~improving ~~three months ended March 31, 2025 compared to~~ the ~~three~~quality ~~months ended March 31, 2024, was attributable to labor~~ and ~~benefit costs of $147,023,~~condition ~~insurance costs~~ of ~~$120~~our air,~~313,~~ ~~professional~~land and ~~legal fees of $94,225, and utilities of $20,000~~waterways.

~~For~~According to ~~the~~industry ~~three~~estimates, ~~months~~Appalachia ~~ended March~~contains ~~31,~~nearly ~~2025~~one million acres of abandoned, ~~the~~idled ~~Company~~and ~~incurred~~non-performing ~~net~~mine ~~other~~sites ~~income~~that inare ~~the~~burdened with ~~amount~~significant land reclamation and water restoration obligations. Many of ~~$5,654,923,~~these ~~compared~~troubled mine sites are subject to ~~total~~mining ~~net~~permits and ~~other~~associated ~~expense~~reclamation ofbonds ~~$157,153~~which ~~recorded~~ prevent the land from being repurposed for non-mining uses until the ~~three~~land ~~months~~has ~~ended~~been reclaimed ~~March~~and ~~31,~~the ~~2024~~permits ~~(an~~and ~~increase~~bonds ofhave ~~$5,812,076).~~been ~~This~~released ~~increase~~by inthe ~~net~~applicable ~~other~~state’s ~~income~~environmental ~~was~~protection ~~attributable~~department. toWater quality is a ~~gain~~particularly onchallenging ~~bargain~~issue ~~purchase~~since ofa ~~$5,602,484,~~permit ~~other~~can ~~income~~only ofbe ~~$83,627,~~released ~~gain~~if onthe ~~sale~~site ofhas ~~fixed~~at ~~assets~~least 12-months of ~~$59,680,~~compliant ~~and~~water ~~lower~~samples ~~interest~~without ~~expense~~active ofchemical ~~$84~~treatment,~~390~~ which heightens the need for water restoration solutions to help transition former mine land to economically viable non-mining uses.

~~Net~~The Company ~~income~~has ~~for~~ assembled the ~~three~~internal ~~months~~resources ~~ended~~and ~~March~~capabilities 31to reclaim land, ~~2025~~restore ~~was~~waterways, $5install innovative water treatment solutions,~~099,627~~ ~~compared~~and secure mine sites to aprotect ~~net~~the ~~loss~~significant ofhistorical $1investment in infrastructure. In addition,~~213,840~~ ~~for~~the Company has expertise in the ~~three~~permit ~~months~~and ~~ended~~bond ~~March~~release 31process, ~~2024 (an~~which ~~increase~~is critical to unlocking the underlying value of former $6mine land for non-fossil fuel uses. Range Land is actively reviewing several mine sites throughout Appalachia to acquire,~~313,467)~~ reclaim and repurpose in order.

~~Liquidity~~In September 2023, Range Land, through its wholly-owned subsidiary, CLV Azurite Land, LLC (“CLV Azurite”), acquired over 1,700 acres of surface interest at an idled mine complex in West Virginia. CLV Azurite is in active discussions with the holder of the permits and ~~Capital~~bonds ~~Resources~~associated with the acquired land in order that the acquired surface acreage can be repurposed for alternative non-fossil fuel uses. CLV Azurite is in concurrent active discussions with two experienced and well-capitalized solar developers to convert the former mine land into a large solar energy facility on a majority of the acquired surface acreage, as well as additional acreage for commercial, industrial, recreational and residential development pursuant to which the solar developer would pay a negotiated amount on a per acre basis.

~~As of~~ On March 31, 2025, the Company, ~~had~~through ~~total~~its ~~current~~wholly-owned ~~assets of $1~~subsidiary,~~208,068, comprised~~ ~~of:~~Range ~~(i)~~Sky ~~cash~~View ~~of $252~~Land,~~695;~~ LLC (ii“Range Sky”), ~~accounts~~acquired ~~receivable~~120,154 acres of ~~$153~~fee,~~938;~~ ~~(iii)~~surface and ~~equipment~~mineral ~~held~~interests ~~for~~at ~~sale~~the ofFola ~~$733,613;~~mine ~~and~~ complex (iv“Fola Mine”) ~~prepaid~~located ~~expenses~~in ofClay ~~$67,822.~~and AsNicholas ofCounties, ~~March~~West ~~31,~~Virginia pursuant ~~2025,~~to which the Company ~~had~~acquired ~~total~~15 ~~current~~mining ~~liabilities~~permits with an estimated reclamation obligation of $329,~~067~~282,~~577,~~126 ~~consisting~~and ~~of:~~assumed ~~(i) outstanding~~an ~~amounts~~obligation onto ~~lines~~manage ofan ~~credit~~additional 21 mining permits with an estimated reclamation obligation of $213,~~000~~796,~~000;~~945. ~~(ii)~~As ~~accounts~~a ~~payable~~result, ofon ~~$444~~March 31,~~419;~~ ~~(iii)~~2025, ~~accrued~~the ~~expenses~~Company recorded AROs of $~~148~~43,~~377~~079,071 related to the Fola Acquisition and ~~(iv)~~capitalized an equal amount onto the ~~current~~fair ~~portion~~value of ~~long-term~~the ~~debt~~acquired ofland ~~$474,781.~~on Asthat asame ~~result,~~date. asThe ofCompany ~~March~~also ~~31,~~assumed ~~2025,~~two ~~the~~coal ~~Company~~royalty ~~had~~contracts ~~negative~~and ~~working~~one ~~capital~~25-year ofsolar ~~$(1,859,509).~~lease Aswith a ofmulti-national ~~December~~corporation ~~31,~~for ~~2024,~~ the ~~Company~~development ~~had~~of ~~positive~~a ~~working~~large-scale ~~capital~~solar ofproject ~~$749~~located on more than 1,~~437~~500 acres at the Fola Mine.

AsIn ofJune ~~March 31,~~ 2025, ~~the~~Range ~~Company had long-term assets of $53,240,251,~~Sky ~~comprised~~acquired ~~of:~~an ~~(i)~~additional ~~land,~~two ~~including~~mining ~~asset~~permits ~~retirement~~at ~~cost,~~the ofFola ~~$52,648,968,~~Mine ~~(ii)~~and ~~net~~assumed ~~equipment~~an ~~assets~~associated ofcoal ~~$585,669;~~mining ~~and~~lease (~~iii) deposits of~~“Winoc ~~$5,614~~Acquisition”). As part of ~~March~~the ~~31,~~Winoc ~~2025~~Acquisition, the Company ~~had~~recognized ~~long-term~~an ~~liabilities of $44,842,220, comprised of (i)~~ asset retirement ~~obligations~~obligation of $4310,~~079~~399,~~071~~477 and ~~(ii) long-term debt, net of current portion of $1,763,149. As of December 31, 2024, the Company had long-term assets of $1,899,669,~~ ~~comprised~~derecognized ofa ~~(i)~~reclamation ~~land~~bond ofobligation ~~$1,008,897 and (ii) net equipment assets~~ of $~~890~~5,~~772. As of December 31~~184, ~~2024, the Company had long-term liabilities of $1,814,701, comprised of long-term debt, net of current portion~~920.

~~Sources of Capital~~Range Services

~~Based~~Range Services onis ~~the~~our ~~Company’s~~operating ~~current~~business ~~corporate~~segment ~~strategy,~~that weprovides ~~expect~~environmental ~~our general~~and ~~operating~~operational ~~expenses~~support services to behelp ~~substantially~~reclaim ~~offset~~and byrepurpose former ~~royalty~~mine ~~income~~land ~~generated~~into bynext-generation ~~Range Land~~uses. ~~Based~~All onof the Company’s ~~current cash~~reclamation, ~~balance~~water oftreatment ~~$252,695~~ and nosecurity ~~current~~employees, ~~availability~~equipment and ~~under its revolving credit line~~trucks, ~~the~~and ~~Company~~technological ~~may~~innovations ~~not~~are ~~have~~classified ~~sufficient~~within ~~funds~~the toRange ~~operate its~~Services business ~~over the next 12 months~~segment. IfRange ~~additional~~Services ~~capital~~ is ~~needed~~dedicated into ~~excess~~reclaiming and ofrepurposing ~~our~~land ~~current~~owned ~~capital~~by ~~resources,~~the weCompany ~~will~~and ~~explore~~does ~~financing options~~not tocurrently ~~accelerate~~provide ~~the~~any ~~funding~~reclamation, ~~and~~water ~~execution~~treatment ofor ~~our~~security ~~growth~~services ~~strategy~~to ~~and shareholder value creation plan~~third-parties.

20Reclamation support services on mine sites includes grading, recontouring, revegetation, erosion control, and other activities necessary to meet federal and state post-mining land use requirements. Water treatment services include the operation and maintenance of passive and active treatment systems designed to manage and treat mine-impacted water, including acid mine drainage, in compliance with applicable environmental permits. Range Services is also responsible for collecting water samples, coordinating testing with certified laboratories, and treating water with chemicals and other more innovative solutions, such as the Company’s proprietary biochar water filtration products and system currently in development. Range Services also provides physical site security, access control, and risk mitigation activities to ensure the safety, compliance, and regulatory protection of the Company’s land assets.

Our estimated total net cash flow for the 12-month period ending March 31, 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.Competition

~~Until such time as the Company~~Our Company is ~~cash~~focused ~~flow~~on ~~positive,~~a welarge ~~expect~~and togrowing ~~continue~~marketplace ~~funding~~for ~~our~~impact ~~operations,~~investing ~~at least in part~~initiatives, ~~through equity~~ and ~~debt~~ ~~financings. However~~therefore, ~~sources~~is ofanticipated ~~additional~~to ~~funds~~face ~~may not be available when needed, on acceptable terms, or at all. If we issue equity~~competition orfrom ~~convertible~~a ~~debt~~variety ~~securities to raise additional funds or to fund, in whole or in part, acquisitions in furtherance~~ of ~~our~~operating ~~business strategy,~~businesses ~~our existing stockholders may experience substantial dilution,~~ and ~~the~~investment ~~new~~funds ~~equity~~who orare ~~debt~~developing ~~securities~~similar ~~may~~business ~~have~~plans ~~rights, preferences~~ and ~~privileges~~operating ~~senior~~strategies to ~~those of our existing stockholders. If we incur additional debt, we would incur additional interest expenses,~~satisfy ~~and~~the ~~assuming~~increasing ~~those~~demands ~~loans~~of ~~would~~these betypes ~~available, it would increase our liabilities and future cash commitments. Moreover, regardless~~ of ~~the manner~~investments in ~~which~~the wemarketplace. ~~seek~~In tomany ~~raise capital~~cases, wethese ~~may~~competitors ~~incur~~are ~~substantial~~larger ~~costs~~and inbetter ~~those~~capitalized operating ~~pursuits,~~businesses ~~including~~and investment ~~banking fees, legal fees and other related costs~~funds.

~~Net~~Our Company ~~Cash~~competes ~~Provided~~on Bythe ~~(Used~~basis ~~In)~~of ~~Operating~~a number of factors, including our geographic focus on Appalachia, access to mission-driven energy-transition ~~Activities~~capital, access to impact investing opportunities, strategic relationships with reclamation bond insurance companies, recruitment and retention of key personnel, market share with key customers, and supply relationships with critical vendors. Our ability to continue to compete effectively in our businesses will depend upon our ability to attract new employees and retain and motivate our existing employees.

For the three months ended March 31, 2025, net cash used in operating activities was $(428,101), comprised of: (i) net income of $5,099,627; (ii) non-cash depreciation of $84,783; (iii) add-back of the non-cash bargain purchase gain of $5,602,484; (iv) a gain on asset disposals of $59,680; (v) non-cash vested stock option expense of $4,490; (vi) an increase in current assets of $206,256; and (vii) a decrease in current liabilities of $161,093. For the three months ended March 31, 2024, net cash used in operating activities was $(1,113,045), comprised of: (i) net income of $(1,213,840); (ii) non-cash depreciation of $638,435; (iii) non-cash vested stock option expense of $4,490; (iv) an increase in current assets of $827,087; and (v) a decrease in current liabilities of $1,369,217,21

~~Net Cash Provided By (Used In) Investing~~Results ~~Activities~~of Operations

~~For~~Three Months ~~the~~Ended ~~three~~June ~~months ended March 31~~30, 2025, ~~net~~and ~~cash~~June ~~provided by investing activities was $280~~30,~~000,~~ ~~comprised of $380,000 of proceeds from the sale of equipment, partially offset by $100,000 for equipment purchases. For the three months ended March 31,~~ 2024~~, there was no net cash provided by or used in investing activities.~~

~~Net~~The Company’s ~~Cash~~revenue ~~Provided~~for Bythe ~~(Used~~three ~~In)~~months ~~Financing~~ended June 30, 2025 was $1,391,482 and its gross profit was $508,322. The Company’s ~~Activities~~revenue for the three months ended June 30, 2024 was $2,349,738 and its gross loss was $148,929. The significant decrease in revenue is primarily a result of management’s decision to exit its coal mining business in 2024.

For the three months ended ~~March~~June 3130, 2025, ~~net~~general ~~cash~~and ~~provided~~administrative byexpenses ~~financing activities~~were ~~was~~ $~~233~~624,~~510~~771, ~~comprised~~compared ofto $~~600~~697,~~000~~699 ~~from~~for the ~~sale~~three months ended June 30, 2024 (a decrease of ~~common~~$72,928). ~~stock~~General and administrative expenses generally include corporate overhead, ~~partially~~salaries ~~offset~~and byother ~~the~~compensation costs, ~~repayment~~financial ofand ~~long-term~~administrative ~~debt~~contracted ofservices, ~~$366~~legal and audit fees,~~490.~~ other professional and consulting fees, insurance, marketing, ~~For~~and travel expenses. The largest decrease in general and administrative expenses for the three months ended ~~March~~June 3130, 2025 compared to the three months ended June 30, 2024, ~~net~~was ~~cash~~attributable ~~used~~to inprofessional ~~financing~~and ~~activities~~legal ~~was~~fees of $~~(396~~108,~~057)~~446, ~~comprised~~labor ~~entirely~~and benefit costs of ~~the~~$35,212, and ~~repayment~~insurance costs of ~~long-term~~ ~~debt~~$34,663, offset by an increase in stock option expense of $~~396~~112,~~057~~500.

~~Off-Balance~~For the ~~Sheet~~three ~~Arrangements~~months ended June 30, 2025, the Company incurred net other expense in the amount of $681,732 compared to $165,175 for the three months ended June 30, 2024 (an increase of $516,557). This increase in net other expense was attributable to a deficiency claim on equipment surrendered of $560,402 and loss on sale of other equipment of $34,012 offset by lower interest expense of $78,342.

WeNet loss ~~have~~for nothe ~~significant~~three ~~off-balance sheet~~months ~~arrangements~~ended ~~that~~June ~~have~~30, or2025 ~~are~~was ~~reasonably~~$798,181 ~~likely~~compared to ~~have~~ a ~~current~~net orloss ~~future~~of ~~effect on our financial condition~~$1, ~~changes in financial condition~~225,681 ~~revenues~~for orthe ~~expenses,~~three ~~results~~months ofended ~~operations,~~June ~~liquidity~~30, ~~capital~~2024 (an ~~expenditures~~improvement orof ~~capital resources that would be material to stockholders~~$427,500).

21Six Months Ended June 30, 2025 and June 30, 2024

~~Critical~~The Company’s ~~Accounting~~revenue ~~Policies~~for the six months ended June 30, 2025 was $2,087,183 and its gross profit was $512,173. The Company’s revenue for the six months ended June 30, 2024 was $6,259,631 and its gross loss was $130,075. The significant decrease in revenue is primarily a result of management’s decision to exit its coal mining business in 2024.

~~Our financial statements~~For ~~and~~the ~~accompanying~~six ~~notes~~months ~~included~~ended inJune ~~this~~30, ~~report~~2025, ~~have~~general ~~been~~and ~~prepared~~administrative inexpenses ~~accordance~~were ~~with~~$1,183,918, ~~United~~compared ~~States~~to ~~generally~~$1,614,600 ~~accepted~~incurred ~~accounting~~for ~~principles~~the six ~~(“U.S.~~months ~~GAAP”)~~ended ~~applied~~June on30, 2024 (a ~~consistent~~decrease ~~basis~~of $457,682). ~~The~~General ~~preparation~~and ofadministrative ~~financial~~expenses ~~statements~~generally ininclude ~~conformity~~corporate ~~with~~overhead, ~~U.S.~~salaries and ~~GAAP~~other ~~requires management~~compensation tocosts, ~~make~~financial ~~estimates~~and administrative contracted services, legal and ~~assumptions~~audit ~~that~~fees, ~~affect~~other ~~the~~professional ~~reported~~and ~~amounts~~consulting fees, ofinsurance, ~~assets~~marketing, and ~~liabilities~~travel expenses. The largest decrease in general and administrative expenses for the ~~disclosure~~six ofmonths ~~contingent~~ended ~~assets~~June ~~and~~30, ~~liabilities~~2025 atcompared to the ~~date~~six ofmonths ~~the~~ended ~~financial~~June ~~statements~~30, 2024, was attributable to labor and ~~the~~benefit ~~reported~~costs ~~amounts~~of $235,385, professional and legal fees of ~~revenues~~$151,989, and ~~expenses~~insurance ~~during~~costs ~~the~~of ~~reporting periods~~$151,650, offset by an increase in stock option expense of $112,500.

WeFor the ~~regularly~~six ~~evaluate~~months ended June 30, 2025, the Company generated net other income in the amount of $4,973,191 compared net other expense ~~accounting~~of ~~policies~~$322,328 ~~and~~recorded ~~estimates~~for ~~that~~the wesix ~~use~~months toended ~~prepare~~June ~~our~~30, ~~financial~~2024 ~~statements~~(an increase of $5,295,519). In ~~general~~2025, ~~management’s~~the ~~estimates~~Company ~~are~~recognized ~~based on~~a ~~historical~~gain ~~experience,~~ on bargain ~~information~~purchase ~~from~~of ~~third~~$5,602,484, ~~party~~other ~~professionals~~income of $83,627 and a gain on ~~various~~sale ~~other~~of ~~assumptions~~assets ~~that~~of ~~are~~$25,668 ~~believed~~offset toby bea ~~reasonable~~$560,402 deficiency ~~under~~claim ~~the~~on ~~facts~~surrendered equipment and ~~circumstances~~$178,186 of interest. ~~Actual~~In ~~results~~2024 ~~could~~the ~~differ~~Company ~~from~~had ~~the~~interest ~~estimates~~expense ~~made~~of $340,918 offset by ~~management~~$18,590 of other income.

WeNet income ~~believe~~for the ~~following critical~~six ~~accounting~~months ~~policies~~ended ~~require~~June us30, 2025 was $4,301,446 compared to ~~make~~a ~~significant~~net ~~judgments~~loss ~~and~~of ~~estimates~~$2,439,521 infor the ~~preparation~~six ofmonths ~~our~~ended ~~consolidated~~June ~~financial~~30, 2024 ~~statements~~(an ~~included~~improvement inof ~~this report:~~$6,740,967).

~~Use of Estimates~~ Liquidity and ~~Assumptions~~Capital Resources

~~The~~As of ~~preparation~~June of30, ~~financial statements~~2025, inthe ~~conformity~~Company ~~with~~had ~~generally~~total ~~accepted~~current ~~accounting~~assets ~~principles~~of in$1,211,631, ~~the~~comprised ~~United~~of: ~~States~~(i) ~~requires~~cash ~~management~~of to$48,312; ~~make~~(ii) ~~estimates~~accounts ~~and~~receivable of ~~assumptions~~$257,207; ~~that~~(iii) ~~affect~~equipment ~~the~~held ~~reported~~for ~~amounts~~sale of ~~assets~~$833,613; ~~and~~(iv) ~~liabilities~~prepaid ~~and~~expenses ~~disclosure~~ of ~~contingent~~$67,362; ~~assets~~ and ~~liabilities~~(v) atdeposits ~~the date~~ of ~~the~~$5,137. ~~financial~~As ~~statements~~of ~~and~~June 30, 2025, the ~~reported~~Company ~~amounts~~had oftotal ~~revenues~~current ~~and~~liabilities ~~expenses~~of ~~during~~$3,926,867, ~~the~~comprised ~~period.~~of: ~~The~~(i) ~~more~~outstanding ~~significant~~amounts ~~estimates~~on ~~and~~lines ~~assumption by~~of ~~management~~credit ~~include,~~of ~~among others~~$1,800,000; ~~assumptions~~(ii) accounts ~~used~~payable inof ~~valuing~~$503,145; ~~assets~~(iii) ~~acquired~~accrued inexpenses ~~business~~of ~~acquisitions~~$769,476, ~~reserves~~and ~~for~~(iv) ~~accounts~~the ~~receivable, assumptions~~current ~~used~~portion inof ~~valuing~~long-term ~~equity~~debt ~~instruments~~of ~~issued for services~~$854,246. ~~the~~As ~~valuation~~a ~~allowance~~result, as ~~for~~of ~~deferred~~June ~~tax~~30, ~~assets~~2025, ~~accruals~~the ~~for~~Company ~~potential liabilities,~~had ~~and~~negative ~~assumptions~~working ~~used~~capital inof ~~the~~$2,715,236. ~~determination~~As of ~~the~~December ~~Company’s~~31, ~~liquidity.~~2024, ~~Actual~~the ~~results~~Company ~~could~~had ~~differ~~positive ~~from~~working capital ~~those~~of ~~estimates~~$749,437.

~~Business~~As of ~~Combinations~~June 30, 2025, the Company had long-term assets of $57,005,861, comprised of: (i) land, including asset retirement cost, of $56,618,965, and (ii) net equipment assets of $386,896. As of June 30, 2025, the Company had long-term liabilities of $48,385,794, comprised of (i) asset retirement obligations of $47,157,763 and (ii) long-term debt, net of current portion of $1,228,031. As of December 31, 2024, the Company had long-term assets of $1,899,669, comprised of (i) land of $1,008,897 and (ii) net equipment assets of $890,772. As of December 31, 2024, the Company had long-term liabilities of $1,814,701, comprised of long-term debt, net of current portion.

~~Business combinations are~~Sources ~~accounted for using the purchase method~~ of accounting under ASC 805, “Business Combinations.” This method requires the Company to record assets and liabilities of the businesses acquired at their estimated fair values as of the acquisition date. Any excess of the cost of the acquisition over the fair value of the net assets acquired is recorded as goodwill. Determining the fair value requires management to make estimates and assumptions including discount rates, rates of return on assets, and long-term sales growth rates.Capital

~~Revenue~~Based on ~~Recognition~~the Company’s current corporate strategy, we expect our general operating expenses to be partially offset by royalty income generated by Range Land. Based on the Company’s current cash balance of $48,312 and no current availability under its revolving credit line, the Company may not have sufficient funds to operate its business over the next 12 months. If additional capital is needed in excess of our current capital resources, we will explore financing options to fund our growth strategy and shareholder value creation plan.

The Company recognizes revenue under ASC 606, “Revenue from Contracts with Customers”. The core principle of the revenue standard is that a company should recognize revenue by analyzing the following five steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations; and (5) recognize revenue when, or as, each performance obligation is satisfied. The Company primarily invoices customers and recognizes revenue on a periodic basis for equipment and labor hours provided to a customer on a particular job based on an agreed-upon hourly rate sheet or a fixed amount for a project. The Company also invoices customers and recognizes revenue for equipment mobilization fees and materials and supplies required to complete a project. The Company invoices for the sales of chemicals and recognizes revenue when the products are delivered to the customer’s designated site. Costs for equipment, labor and chemicals are generally expensed as incurred since the projects are generally short-term and not subject to a contract. The Company also invoices customers for the provision of environmental security services on an agreed-upon hourly rate for each project. All revenue is recognized at a point in time.22

~~The~~Our estimated ~~Company~~total ~~recognizes~~net ~~revenue from~~cash ~~contracts~~flow for ~~financial~~the ~~reporting~~12-month ~~purposes~~period ~~over~~ending ~~time.~~June ~~Progress~~30, ~~toward~~2026 ~~completion~~could ofdecrease ~~the~~if ~~Company’s~~we ~~contracts~~encounter isunanticipated ~~measured~~lower byrevenues ~~the~~and ~~percentage~~higher expenses in connection with operating our business as presently planned. In addition, our estimates of ~~cost~~the ~~incurred~~amount of cash necessary to ~~date~~fund ~~compared~~our business may prove to ~~estimated~~be ~~total~~too ~~costs~~low, ~~for~~and ~~each~~we ~~contract.~~could ~~This~~spend ~~method~~our isavailable ~~used~~financial ~~because~~resources ~~management~~much ~~considers~~faster than we currently ~~total~~expect. ~~cost~~If towe becannot raise the ~~best~~capital ~~available~~necessary ~~measure~~to ofcontinue ~~progress~~to ondevelop ~~contracts.~~our ~~Because~~business, ofwe ~~inherent~~will ~~uncertainties~~be inforced ~~estimating~~to ~~costs~~delay, itscale isback ator eliminate ~~least~~some ~~reasonably~~or ~~possible~~all ~~that~~of ~~the~~our ~~estimates~~proposed ~~used~~operations. ~~will~~If ~~change~~any ~~significantly~~of ~~within~~these ~~the~~were ~~near~~to ~~term~~occur, there is a substantial risk that our business would fail.

22Until 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.

~~Stock-Based~~Net Cash ~~Compensation~~Provided By (Used In) Operating Activities

~~The~~For the ~~Company~~six ~~periodically issues~~months ~~stock~~ended ~~options~~June ~~and~~30, ~~restricted~~2025, ~~stock~~net ~~awards~~cash togenerated ~~employees~~by ~~and~~operating activities was $114,007, comprised of: (i) net income of $4,301,446; (ii) non-~~employees~~cash indepreciation of $125,043; (iii) non-~~capital~~cash ~~raising~~accretion ~~transactions~~expense ~~for~~of ~~services~~$524,033; ~~and for~~(iv) ~~financing~~add-back ~~costs.~~of ~~The~~the ~~Company~~non-cash bargain ~~accounts~~purchase ~~for~~gain ~~such~~of ~~grants~~$5,602,484; ~~issued~~(v) ~~and~~a ~~vesting~~gain ~~based~~ on ~~ASC~~asset ~~718~~disposals of $25,668; ~~“Compensation~~(vi) non-cash ~~Stock Compensation”~~vested ~~whereby~~stock ~~the~~option ~~value~~expense of $168,980; ~~the~~(vii) ~~award~~a isdecrease ~~measured~~in oncurrent ~~the~~assets ~~date~~ of ~~grant~~$103,925; and ~~recognized~~(vii) ~~for~~a ~~employees~~decrease asin ~~compensation~~current ~~expense~~liabilities on of $41,670. For the ~~straight-line~~six ~~basis~~months ended ~~over~~June ~~the~~30, ~~vesting~~2024, ~~period.~~net ~~Recognition~~cash used in operating activities was $(1,663,531), comprised of: ~~compensation~~(i) ~~expense~~net ~~for~~loss of $2,439,521; (ii) non-~~employees~~cash isdepreciation inof ~~the~~$1,276,872; ~~same~~(iii) ~~period~~non-cash ~~and manner~~vested asstock ifoption ~~the~~expense ~~Company~~of ~~had~~$56,480; ~~paid~~(iv) ~~cash~~a ~~for~~decrease ~~the~~in ~~services~~current assets of $1,016,666; and (v) a decrease in current liabilities of $1,574,028.

~~Recent~~Net Cash ~~Accounting~~Provided ~~Pronouncements~~By (Used In) Investing Activities

~~Please~~For the ~~refer~~six tomonths ~~Footnote 1~~ended June 30, 2025, net cash used in investing activities was $110,838, comprised of $404,500 of proceeds from the ~~accompanying~~sale of ~~financial~~equipment, ~~statements~~partially offset by $100,000 for ~~management’s~~equipment ~~discussion~~purchases and cash paid for asset retirement obligations of ~~recent~~$415,338. ~~accounting~~For ~~pronouncements~~the six months ended June 30, 2024, there was no net cash provided by or used in investing activities.

~~Item~~Net Cash 3.Used ~~Quantitative~~In ~~and~~Financing ~~Qualitative Disclosures About Market Risk~~Activities

~~Not~~For the ~~Applicable~~six months ended June 30, 2025, net cash used in financing activities was $122,143, comprised of $600,000 from the sale of common stock, offset by the repayment of long-term debt of $522,143 and repayment of bank debt of $200,000. For the six months ended June 30, 2024, net cash used in financing activities was $389,556, comprised $1,000,000 from the sale of common stock offset by the repayment of long-term debt of $1,189,556 and repayment of the bank debt of $200,000.

~~Item~~Off-Balance Sheet ~~4. Controls and Procedures~~Arrangements

~~Disclosure~~We have ~~Controls~~no ~~and~~significant ~~Procedures~~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.

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 March 31, 2025, and have concluded that our disclosure controls and procedures were effective as of March 31, 2025.23

~~Changes in Internal Control over Financial~~Critical ~~Reporting~~Accounting Policies

~~There~~Our financial ~~were~~statements noand ~~changes~~accompanying notes included in this report have been prepared in accordance with United States generally accepted ~~our~~accounting ~~internal~~principles ~~control~~(“U.S. ~~over~~GAAP”) applied on a consistent basis. The preparation of financial ~~reporting~~statements ~~during~~in ~~the~~conformity with ~~quarter~~U.S. ~~ended~~GAAP ~~March~~requires ~~31,~~management ~~2025,~~to make estimates and assumptions that ~~has~~affect ~~materially~~the ~~affected,~~reported oramounts isof ~~reasonably~~assets and liabilities and the ~~likely~~disclosure toof ~~materially~~contingent ~~affect,~~assets ~~our~~and ~~internal~~liabilities ~~control~~at ~~over~~the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.

23We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. In general, management’s estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from the estimates made by management.

~~PART~~We believe IIthe -following ~~OTHER~~critical ~~INFORMATION~~accounting policies require us to make significant judgments and estimates in the preparation of our consolidated financial statements included in this report:

~~Item~~Use of 1.Estimates ~~Legal~~and ~~Proceedings~~Assumptions

~~From~~The preparation ~~time~~of tofinancial ~~time,~~statements wein ~~may become~~conformity ~~involved~~with generally accepted accounting principles in ~~various~~the ~~lawsuits~~United ~~and~~States ~~legal~~requires ~~proceedings~~management to ~~which~~make ~~arise~~estimates inand assumptions that affect the ~~ordinary~~reported ~~course~~amounts of ~~business.~~assets ~~The~~and ~~impact~~liabilities and ~~outcome~~disclosure of ~~litigation,~~contingent assets and ifliabilities ~~any,~~at isthe ~~subject~~date toof ~~inherent~~the ~~uncertainties,~~financial statements and anthe ~~adverse~~reported ~~result~~amounts inof ~~these~~revenues orand ~~other~~expenses ~~matters~~during ~~may~~the ~~arise~~period. ~~from~~The ~~time~~more tosignificant estimates ~~time~~and ~~that~~assumption ~~may~~by ~~harm our~~management ~~business.~~include, Weamong ~~are~~others, ~~not~~assumptions ~~currently~~used ain ~~party~~valuing toassets ~~and~~acquired ~~our~~in ~~properties~~business ~~are~~acquisitions, ~~not~~reserves for ~~currently~~accounts ~~the~~receivable, ~~subject~~assumptions ofused ~~any~~in ~~material~~valuing ~~pending~~equity ~~legal~~instruments ~~proceedings~~ issued for services, the ~~adverse~~valuation ~~outcome~~allowance offor ~~which~~deferred tax assets, ~~individually~~accruals orfor inpotential ~~the aggregate~~liabilities, ~~would~~and beassumptions ~~expected~~used toin ~~have~~the adetermination ~~material~~of ~~adverse~~the ~~effect~~Company’s onliquidity. ~~our~~Actual ~~financial~~results ~~position~~could ordiffer ~~results~~from ofthose ~~operations~~estimates.

~~Item 1A. Risk Factors~~Business Combinations

~~Please~~Business combinations ~~refer~~are toaccounted for using the ~~risks described~~purchase method of accounting under ~~the~~ASC ~~heading~~805, “~~Risk~~Business ~~Factors~~Combinations.” inThis ~~our~~method requires ~~Annual~~the ~~Report~~Company onto ~~Form~~record ~~10-K~~assets ~~filed~~and ~~with~~liabilities of the ~~SEC~~businesses onacquired ~~March~~at 31their estimated fair values as of the acquisition date. Any excess of the cost of the acquisition over the fair value of the net assets acquired is recorded as goodwill. Determining the fair value requires management to make estimates and assumptions including discount rates, ~~2025~~rates of return on assets, and long-term sales growth rates.

~~Item 2. Unregistered Sales of Equity Securities and Use of Proceeds: None~~Revenue Recognition

~~Item~~The Company 3recognizes revenue under ASC 606, “Revenue from Contracts with Customers”. ~~Defaults~~The ~~Upon~~core ~~Senior~~principle ~~Securities~~of the revenue standard is that a company should recognize revenue by analyzing the following five steps: ~~None~~(1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations; and (5) recognize revenue when, or as, each performance obligation is satisfied. The Company primarily invoices customers and recognizes revenue on a periodic basis for equipment and labor hours provided to a customer on a particular job based on an agreed-upon hourly rate sheet or a fixed amount for a project. The Company also invoices customers and recognizes revenue for equipment mobilization fees and materials and supplies required to complete a project. The Company invoices for the sales of chemicals and recognizes revenue when the products are delivered to the customer’s designated site. Costs for equipment, labor and chemicals are generally expensed as incurred since the projects are generally short-term and not subject to a contract. The Company also invoices customers for the provision of environmental security services on an agreed-upon hourly rate for each project. All revenue is recognized at a point in time.

~~Item~~The Company 4recognizes revenue from contracts for financial reporting purposes over time. ~~Mine~~Progress ~~Safety~~toward ~~Disclosures:~~completion of the Company’s contracts is measured by the percentage of cost incurred to date compared to estimated total costs for each contract. This method is used because management considers total cost to be the best available measure of progress on contracts. Because of inherent uncertainties in estimating costs, it is at least reasonably possible that the estimates used will change significantly within the near term.

The information concerning mine safety violations and other regulatory matters is filed as Exhibit 95 to this Form 10-Q pursuant to the requirements of Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K (17 CFR 229.104).24

~~Item 5. Other Information: None~~Stock-Based Compensation

~~Item~~The Company 6periodically issues stock options and restricted stock awards to employees and non-employees in non-capital raising transactions for services and for financing costs. ~~Exhibits~~The Company accounts for such grants issued and vesting based on ASC 718, “Compensation - Stock Compensation” whereby the value of the award is measured on the date of grant and recognized for employees as compensation expense on the straight-line basis over the vesting period. Recognition of compensation expense for non-employees is in the same period and manner as if the Company had paid cash for the services.

Exhibit Number		Description of Exhibit
2.1		Agreement and Plan of Merger, dated September 14, 2011, by and between Stevia First Corp. and Legend Mining Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)
3.1.1		Articles of Incorporation of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)
3.1.2		Certificate of Amendment of Articles of Incorporation of Vitality Biopharma, Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on July 19, 2016.)
3.1.3		Articles of Merger, effective October 10, 2011 (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)
3.1.4		Certificate of Change, effective October 10, 2011 (Incorporated by reference to Exhibit 3.2 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)
3.2.1		Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.2 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)
3.2.2		Certificate of Amendment of Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on February 7, 2012.)
3.2.3		Bylaws of Malachite Innovations, Inc., effective as of November 10, 2021 (Incorporated by reference to Exhibit 3.2.3 to the registrant’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021.)
10.11#		Vitality Biopharma, Inc. 2021 Stock Incentive Plan (Incorporated by reference to Exhibit 99.1 to the registrant’s Registration Statement on Form S-8 filed with the SEC on September 3, 2021.)
10.12		Amended and Restated Revolving Promissory Note, dated as December 4, 2023, made by the Company, in favor of Independence Bank in the amount of $1,000,000 (Incorporated by reference to Exhibit 10.12 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).
10.13		Revolving Collateral Note, dated as June 16, 2023, made by Range Environmental Resources, Inc. and Range Natural Resources, Inc., in favor of Independence Bank in the amount of $1,000,000 (Incorporated by reference to Exhibit 10.13 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).
10.14		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,035,250 (Incorporated by reference to Exhibit 10.14 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).
10.15		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,000,000 (Incorporated by reference to Exhibit 10.15 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).
10.16		Purchase and Sale Agreement, dated as of March 31, 2025, by and among Appleatcha Land, LLC, WV Reclaim Co, LLC and Range Sky View LLC (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on April 2, 2025.
31.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*
31.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*
32.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†
32.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†
95		Mine Safety Disclosures
101.INS		Inline XBRL Instance Document *
101.SCH		Inline XBRL Taxonomy Extension Schema Document *
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase *
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document *
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document *
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document *
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Recent Accounting Pronouncements

†Please refer ~~Furnished~~to ~~herewith~~Footnote 1 of the accompanying financial statements for management’s discussion of recent accounting pronouncements.

*Item 3. ~~Filed~~Quantitative ~~herewith.~~and Qualitative Disclosures About Market Risk

~~# Indicates a management contract or any compensatory~~Not ~~plan, contract or arrangement~~Applicable.

24Item 4. Controls and Procedures

~~SIGNATURES~~Disclosure Controls and Procedures

~~Pursuant~~We have established disclosure controls and procedures that are designed to ~~the~~ensure ~~requirements~~that ofinformation ~~the~~required ~~Securities~~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 ~~1934~~the SEC, and that information relating to the ~~registrant~~Company ~~has~~is ~~duly~~accumulated ~~caused~~and ~~this~~communicated ~~report~~to management, including our principal officers, as appropriate to beallow ~~signed~~timely ondecisions ~~its~~regarding ~~behalf~~required bydisclosure. Our Chief Executive Officer and Chief Financial Officer have evaluated the ~~undersigned~~effectiveness of our disclosure controls and procedures as of June 30, ~~thereunto~~2025, ~~duly~~and ~~authorized~~have concluded that our disclosure controls and procedures were effective as of June 30, 2025.

RANGE IMPACT, INC.
By:	/s/ Michael Cavanaugh
	Michael Cavanaugh
	Chief Executive Officer
	(Principal Executive Officer)
Date: May 15, 2025

Changes in Internal Control over Financial Reporting

25There were no changes in our internal control over financial reporting during the quarter ended June 30, 2025, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

~~EXHIBIT INDEX~~25

Exhibit Number		Description of Exhibit
2.1		Agreement and Plan of Merger, dated September 14, 2011, by and between Stevia First Corp. and Legend Mining Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)
3.1.1		Articles of Incorporation of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)
3.1.2		Certificate of Amendment of Articles of Incorporation of Vitality Biopharma, Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on July 19, 2016.)
3.1.3		Articles of Merger, effective October 10, 2011 (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)
3.1.4		Certificate of Change, effective October 10, 2011 (Incorporated by reference to Exhibit 3.2 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)
3.2.1		Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.2 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)
3.2.2		Certificate of Amendment of Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on February 7, 2012.)
3.2.3		Bylaws of Malachite Innovations, Inc., effective as of November 10, 2021 (Incorporated by reference to Exhibit 3.2.3 to the registrant’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021.)
10.11#		Vitality Biopharma, Inc. 2021 Stock Incentive Plan (Incorporated by reference to Exhibit 99.1 to the registrant’s Registration Statement on Form S-8 filed with the SEC on September 3, 2021.)
10.12		Amended and Restated Revolving Promissory Note, dated as December 4, 2023, made by the Company, in favor of Independence Bank in the amount of $1,000,000 (Incorporated by reference to Exhibit 10.12 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)
10.13		Revolving Collateral Note, dated as June 16, 2023, made by Range Environmental Resources, Inc. and Range Natural Resources, Inc., in favor of Independence Bank in the amount of $1,000,000. (Incorporated by reference to Exhibit 10.13 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)
10.14		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,035,250. (Incorporated by reference to Exhibit 10.14 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)
10.15		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,000,000 (Incorporated by reference to Exhibit 10.15 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)
10.16		Purchase and Sale Agreement, dated as of March 31, 2025, by and among Appleatcha Land, LLC, WV Reclaim Co, LLC and Range Sky View LLC (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on April 2, 2025.
31.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*
31.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*
32.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†
32.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†
95		Mine Safety Disclosures
101.INS		Inline XBRL Instance Document *
101.SCH		Inline XBRL Taxonomy Extension Schema Document *
101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase *
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document *
101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document *
101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document *
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

PART II - OTHER INFORMATION

†Item 1. ~~Furnished~~Legal ~~herewith.~~Proceedings

*From time ~~Filed~~to ~~herewith~~time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. The impact and outcome of litigation, if any, is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. We are not currently a party to and our properties are not currently the subject of any material pending legal proceedings the adverse outcome of which, individually or in the aggregate, would be expected to have a material adverse effect on our financial position or results of operations.

~~# Indicates a management contract or any compensatory~~Item ~~plan,~~1A. ~~contract~~Risk ~~or arrangement.~~Factors

26Certain factors may have a material adverse effect on our business, financial condition and results of operations. You should consider carefully the risks and uncertainties described below, in addition to other information contained in this Quarterly Report on Form 10-Q, including our condensed consolidated financial statements and related notes. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that we are unaware of, or that we currently believe are not material, may also become important factors that adversely affect our business. If any of the following risks actually occurs, our business, financial condition, results of operations, and future prospects could be materially and adversely affected. In that event, the trading price of our Common Stock could decline, and you could lose part or all of your investment.

Risks Related to Our Business

We will need to raise substantial additional capital to operate our business. If we cannot obtain the capital we need to continue our operations, our business could fail.

We will need to raise additional funds in order to continue operating our business beyond the near term. Since inception, we have primarily funded our operations through equity and debt financing. If we issue equity or convertible debt securities to help fund acquisitions in furtherance of our business strategy, our existing stockholders may experience substantial dilution. In addition, the new equity or debt securities may have rights, preferences and privileges senior to those of our existing stockholders. If we incur additional debt, it would increase our leverage relative to our earnings, if any, or to our equity capitalization, requiring us to pay additional interest expense. Obtaining commercial loans, assuming those loans would be available, would increase our liabilities and future cash commitments. We also may raise funds by selling some or all of our assets. 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, accounting fees, and other related costs.

The Company may not be able to continue as a going concern.

As reflected in the accompanying financial statements, during the six months ended June 30, 2025, the Company incurred a net loss of $1,301,038 (net of the gain on bargain purchase of $5,602,484 related to the Fola Acquisition) and used $118,974 of cash in the Company’s activities. The Company estimates, as of June 30, 2025, that it may not have sufficient funds to operate the business for 12 months given its cash balance of $48,312 and expected revenues to be generated by the Company’s operating business segments. The Company is actively seeking additional financing and other sources of capital to fund its currently estimated level of operations. However, these estimates could differ from actual capital needs if the Company’s business encounters unanticipated difficulties, or if its estimates of the amount of cash necessary to operate its business prove to be wrong, and the Company uses its available financial resources faster than it currently expects. No assurance can be given that any future financing or capital, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Due to these and other factors, there is substantial doubt of the Company’s ability to continue as a going concern.

Our limited operating experience could make our operations inefficient or ineffective.

We have only a limited operating history upon which to base an evaluation of our current business and future prospects and how we will respond to competitive, financial or technological challenges. In addition, because of our limited operating history, we have limited insight into trends that may emerge and affect our businesses, and limited experience responding to such trends. We may make errors in predicting and reacting to relevant business trends and we will be subject to the risks, uncertainties and difficulties frequently encountered by early-stage companies in evolving markets. We may not be able to successfully address any or all of these risks and uncertainties. Failure to adequately to do so could cause our business, results of operations and financial condition to suffer or fail.

Conversion of Former Mining Properties to Residential, Commercial, Recreational or Other Uses Involves Substantial Risk

Our efforts to redevelop former coal mining sites for residential, commercial, recreational or other uses involve numerous uncertainties, including environmental remediation, land subsidence, water quality issues, regulatory approvals, community opposition, and infrastructure development. Any delays or unforeseen costs in these areas could materially affect our financial results and delay or prevent monetization of these assets. These risks include, but are not limited to:

	●	Environmental Risks: Contamination or pollution on the sites we set to convert to non-mining uses can require expensive remediation under both federal and state environmental protection laws and regulations;

	●	Reclamation Costs Risks: The costs to reclaim the land to the standard required to obtain bond releases may take longer and cost more than anticipated due to many factors, including, without limitation, the costs and availability of labor, equipment and supplies.

	●	Infrastructure Risks: Insufficient access to water, sewer, power or roads may require significant investments; utility easements or underground infrastructure can limit buildable or usable area;

	●	Financial and Market Risks: Market conditions may shift (e.g., a housing downturn, inflation, rising interest rates) leading to us overestimating demand for the intended use or not being able to convert the land within budget;

	●	Legal and Title Risks: There may be defects in title or unclear ownership which could, in turn, lead to disputes; existing easements, covenants or restrictions may limit development;

	●	Community and Political Risks: There may be changes in local political offices that could adversely affect the proposed redevelopment of the land and community resistance may lead to delays or denials of necessary approvals.

	●	Entitlement and Permitting Risks: There may be delays in obtaining permits for grading, building and environmental compliance which could lead to redesign or project abandonment.

We may not be able to manage our expansion of operations effectively.

Assuming we are able to attract additional capital, we intend to expand our operations. To manage this growth, we may need to expand our facilities, augment our operational, financial and management systems and hire and train qualified personnel. Our management will also be required to develop new relationships with customers, suppliers and other third parties. Our current and planned operations, personnel, systems, and internal procedures and controls may not be adequate to support our future growth. If we are unable to manage our growth effectively, we may not be able to take advantage of market opportunities, execute our business strategies or respond to competitive pressures.

We may have difficulty accomplishing our growth strategy within and outside of our current service areas.

Our ability to expand our business, both within our current service areas and into new areas, involves significant risks, including, but not limited to:

	●	changes in the regulatory, legal and political landscape reducing the demand for, and incentives relating to, our land reclamation, water treatment and related environmental services;

	●	receiving or maintaining necessary regulatory permits, licenses or approvals;

	●	downturns in economic or population growth and development in our service areas, particularly in the coal mining industry and in those agricultural and commercial businesses and real estate developments which could benefit from our land reclamation and water treatment services;

	●	risks related to planning and commencing new operations, including inaccurate assessment of the demand for our land reclamation, water treatment and related environmental services and products and inability to begin operations as scheduled; and

	●	our potential inability to identify suitable acquisition opportunities or to form relationships with coal mining operators or other landowners necessary to form strategic partnerships.

A significant or extended decline in the royalties we receive from those mining companies mining on our land under our mining permits could adversely affect our operating results and cash flows.

Our financial results are significantly affected by the royalties we receive for the coal mined on our property. Extended or substantial price declines for coal would adversely affect our operating results for future periods and our ability to generate cash flows necessary to pay for the required reclamation activities or expand operations on our owned mine sites. Prices of coal may fluctuate due to factors beyond our control such as overall domestic and global economic conditions; geopolitical risks, the consumption pattern of industrial consumers, electricity generators and residential users; technological advances affecting energy consumption; domestic and foreign government regulations; price and availability of alternative fuels; price of foreign imports and weather conditions. Any adverse change in these factors could result in weaker demand and possibly lower prices for the coal mined pursuant to our permits which would reduce our revenues from coal royalties.

Concentration on specific projects and regions may expose us to heightened financial exposure.

The success of our business may be heavily dependent on one or a limited number of reclamation and redevelopment projects. The financial performance of those projects depends on our ability to perform our reclamation and repurposing services, and secure long-term redevelopment partners. Our financial results could be materially and adversely affected if any of our reclamation and redevelopment projects fail. We cannot be assured that such performance failures will not occur, or that if they do occur, such failures will not adversely affect the cash flows or profitability of our businesses. Moreover, there can be no assurance that we will be able to identify, underwrite and acquire additional mine sites to reclaim and redevelop on favorable terms or at all.

Our financial results depend on successful project execution and may be adversely affected by cost overruns, failure to meet customer schedules or other execution issues.

A portion of our revenue is derived from projects that are technically complex and that may last over many months. These projects are subject to a number of significant risks, including project delays, cost overruns, changes in scope, unanticipated site conditions, design and engineering issues, incorrect cost assumptions, increases in the cost of materials and labor, safety hazards, third party performance issues, weather issues and changes in laws or permitting requirements. If we are unable to manage these risks, we may incur higher costs, liquidated damages and other liabilities to our customers, which may decrease our profitability and harm our reputation. Our continued growth will depend in part on executing a higher volume of large projects, which will require us to expand and retain our project management and execution personnel and resources.

We may face competition in our industry, and if so, we may be unable to attract redevelopment partners and maintain a viable business.

There can be no assurance that we will be able to successfully compete with any competitors that may arise. Our competitors may be able to offer similar services which prove to be more popular with potential redevelopment partners than our services. Our ability to grow and achieve profitability will depend on our ability to satisfy our redevelopment partners and withstand increasing competition. There can be no assurance that we will be able to achieve or maintain a successful competitive position.

If we become subject to environmentally-related claims, we could incur significant cost and time to comply.

Our land reclamation and water treatment activities create a risk of significant environmental liabilities and reputational damage. Under applicable environmental laws and regulations, we could be strictly, jointly and severally liable for releases of regulated substances by us at the properties of others, including if such releases result in contamination of air or water or cause harm to individuals. Our business activities also create a risk of contamination or injury to our employees, customers or third parties, from the use, treatment, storage, transfer, handling and/or disposal of these materials.

In the event that our business activities result in environmental liabilities, such as those described above, we could incur significant costs or reputational damage in connection with the investigation and remediation of environmental contamination, and we could be liable for any resulting damages including natural resource damages. Such liabilities could exceed our available cash or any applicable insurance coverage we may have. Additionally, we are subject to, on an ongoing basis, federal, state and local laws and regulations governing the use, storage, handling and disposal of these materials and specified waste products. The cost of compliance with these laws and regulations may become significant and could have a material adverse effect on our business, financial condition, results of operations or prospects.

Further, we may incur costs to defend our position even if we are not liable for consequences arising out of environmental damage. Our insurance policies may not be sufficient to cover the costs of defending such claims.

Failure to effectively treat emerging contaminants could result in material liabilities.

A number of contaminants might be found in water that we treat that may have a negative impact on the local ecosystem. The potential impact of a contamination of water on our owned land is difficult to predict and could lead to an increased risk of exposure to liability claims, increased scrutiny by federal and state regulatory agencies and negative publicity.

Developments in, and compliance with, current and future environmental and climate change laws and regulations could impact our land reclamation and water treatment business, financial condition or results of operations.

Our business, operations, and product and service offerings are subject to and affected by many federal, state, local and foreign environmental laws and regulations, including those enacted in response to climate change concerns. Compliance with existing laws and regulations currently requires, and compliance with future laws is expected to continue to require, increasing operating and capital expenditures in order to conform to changing environmental standards and regulations, which could impact our business, financial condition and results of operations. Furthermore, environmental laws and regulations may authorize substantial fines and criminal sanctions to address violations, and may require the installation of costly pollution control equipment or operational changes to limit emissions or discharges. We also incur, and expect to continue to incur, costs to comply with current environmental laws and regulations. At the same time, the demand for our land reclamation and water treatment services also is driven by federal and state laws, regulations and programs which create incentives for our services. Developments such as the adoption of new environmental laws and regulations, stricter enforcement of existing laws and regulations, violations by us of such laws and regulations, discovery of previously unknown or more extensive contamination, litigation involving environmental impacts, our inability to recover costs associated with any such developments, or the financial insolvency of other responsible parties could in the future have a material adverse effect on our financial condition and results of operations.

Our insurance may not provide adequate coverage.

Although we maintain general liability, property and commercial insurance coverage in amounts which we consider prudent, there can be no assurance that such insurance will prove adequate in the event of actual casualty losses or broader calamities such as earthquakes, financial crises, economic depressions or other catastrophic events, which are either uninsurable or not economically insurable. Any such losses could have a material adverse effect on the operation of our business.

Our land reclamation and water treatment operations is subject to various statutory and regulatory requirements, which may increase in the future.

Our land reclamation and water treatment operations is subject to various statutory and regulatory requirements. Our ability to continue to hold licenses and permits required for our land reclamation and water treatment operations is subject to maintaining satisfactory compliance with such requirements. We may incur significant costs to maintain compliance. Our ability to obtain modifications to our permits may be met with resistance, substantial statutory or regulatory requirements or may be too costly to achieve. These requirements may cause us to postpone or cancel our plans. Future statutory and regulatory requirements, including any legislation focused on combating climate change, may require significant cost to comply or may require changes to our products or services. Unexpected delays in completing required land reclamation or water treatment operations could have a materially adverse impact on our intended land redevelopment operations.

The environmental regulations to which we are subject may increase our costs and potential liabilities and limit our ability to operate.

Our land reclamation and water treatment operations are subject to various federal, state, and local environmental requirements, including those relating to emissions to air, discharged wastewater, storage, treatment, transport and disposal of regulated materials and cleanup of coal mining and groundwater contamination. Efforts to conduct our operations in compliance with all applicable laws and regulations, including environmental rules and regulations, require programs to promote compliance, such as training employees and contractors, purchasing health and safety equipment and in some cases hiring outside consultants and lawyers. Even with these programs, we face the risk of being subject to government enforcement proceedings, which can result in fines or other sanctions and require expenditures for remedial work on contaminated sites. The landscape of environmental regulation to which we are subject can change. Changes to environmental regulation often present new business opportunities for us; however, such changes may also result in increased operating and compliance costs. While we seek to monitor the landscape of environmental regulation, our ability to navigate is limited by our small size and resources, and any changes to such regulations may result in a material effect on our operations, cash flows or financial condition.

Certain environmental laws and regulations impose liability and responsibility on present and former owners, operators or users of facilities and sites for contamination at such facilities and sites without regard to causation or knowledge of contamination. Investigations undertaken in connection with these activities may lead to discoveries of contamination that must be remediated, and closures of facilities might trigger compliance requirements that are not applicable to operating facilities.

Our land reclamation and water treatment operations will be limited to former mine sites that we acquire and will be based on the revenue we generate, including through coal royalty agreements. The coal mining industry is affected by a number of factors, including the cyclical nature of the coal prices, increased use of alternative types of energy and technological developments in the coal mining extraction process. A significant reduction in the demand for coal mining would reduce our royalties, which would have a material adverse effect upon our business, financial condition, results of operations and cash flows.

If we are unable to identify and acquire businesses or assets in furtherance of our impact investing strategy, we may be unable to generate significant revenue.

We intend to acquire additional businesses and assets that will generate revenue related to our impact investing strategy and there can no assurance that we will be able to do so, or to do so on terms that are acceptable to us, or in a manner that will provide us with the revenue we expect.

Our consideration of sustainability and environmental criteria as the pre-eminent part of our business and investment strategy will limit the types and number of assets and business opportunities available to the Company and may result in the Company engaging in industry sectors that underperform the market as a whole, or forgoing opportunities to invest available capital in assets and businesses that might otherwise be advantageous to acquire or develop. If we are not successful in acquiring or developing desirable businesses or assets which fit within our business strategy or if those businesses and assets do not generate sufficient revenue, our business, financial condition and results of operations could be materially adversely affected.

Our impact investing strategy is new, untested and may not be successful.

Our impact investing strategy is qualitative and subjective by nature, and there is no guarantee that the factors we utilize in making capital and other resource allocation decisions or any judgment exercised by our management or board will reflect the opinions of any particular shareholder, and the investment criteria utilized by the Company may differ from the investment criteria that any particular shareholder considers relevant in evaluating a company’s sustainability or impact investing practices. In making allocation and investment decisions, Company management will be dependent upon information and data obtained through voluntary or third-party reporting, if available, that may be incomplete, inaccurate or present conflicting information and data with respect to a particular opportunity, which in each case could cause the Company to incorrectly assess a potential target’s business practices with respect to its sustainability and impact investing practices. Socially and environmentally-responsible norms differ by region. As a result of the Company’s engagement activities, the Company may make an investment in assets and businesses that do not currently engage in sustainability or impact investing practices that meet criteria established by the Company in an effort to improve such target’s impact investing practices. Successful application of the Company’s impact investing strategy and management’s engagement efforts will depend on management’s skill in properly identifying and analyzing material sustainability issues, and there can be no assurance that the strategy or techniques employed will be successful.

We have limited experience operating an impact investing strategy and may be subject to increased business and economic risks that could affect our financial results.

We have limited experience operating a business with an impact investing strategy. If we are unable to manage our impact investing operations successfully, our financial results could be adversely affected.

We may be unable to obtain the financing we need to pursue our impact investing strategy and any future financing we receive may be less favorable to us than our current financing arrangements, either of which may adversely affect our ability to expand our operations.

Sustainability-focused assets and businesses we may seek to acquire or develop will require substantial capital investment. Our access to capital on acceptable or favorable terms to us is necessary for the success of our impact investing strategy, particularly in enhancing our portfolio through M&A activities. Our attempts to obtain the necessary future financing may not be successful or result in financing available on favorable terms. Our ability to arrange for financing on a substantially non-recourse or limited recourse basis, and the costs of such financing, are dependent on numerous factors, including general economic conditions, conditions in the global capital and credit markets, investor confidence, the success of our business, the credit quality of the businesses being financed, and the continued existence of tax laws which are conducive to raising capital for these types of activities. If we are not able to obtain financing on a substantially non-recourse or limited recourse basis, we may have to finance our M&A activities using recourse capital such as direct equity investments or the incurrence of additional debt by us. Also, in the absence of favorable financing options, we may decide not to develop or acquire facilities or businesses from third parties. Any of these alternatives could have a material adverse effect on our growth prospects.

We may also need additional financing to implement our impact investing strategic plan. For example, our cash flow from operations and existing liquidity facilities may not be adequate to finance any acquisitions we may seek to pursue or new technologies we may seek to develop or acquire. Financing for acquisitions or technology development activities may not be available on terms we find acceptable.

Unfavorable legislative changes could affect our financial results.

The environmental assets we are considering purchasing are often subject to environmental regulations, and we expect such regulatory conditions to influence the assumptions we will make regarding the future revenues and expenses associated with such proposed acquisitions. If those regulatory conditions change, our revenues may decrease and our expenses may increase, adversely affecting our financial results.

The reduction or elimination of government incentives could adversely affect our business, financial condition, future results and cash flows.

Our impact investing strategy benefits from those public policies and government incentives that support renewable energy and enhance the economic feasibility of sustainability-based projects in regions where we operate. Such policies and incentives include tax credits, accelerated depreciation tax benefits, renewable portfolio standards, carbon trading mechanisms, rebates, and may include similar or other incentives to end users, distributors, or other participants in the energy or mining industry. Some of these measures have been implemented at the federal level, while others have been implemented by various states within the United States. The availability and continuation of these public policies and government incentives are likely to have a significant effect on the economics and viability of our environmental businesses. Changes to such public policies or any reduction in or elimination or expiration of such government incentives supporting or deregulating the exploration, production and use of fossil fuels may create regulatory uncertainty in the renewable energy industry, which could have a material adverse effect on our business, financial condition, future results, and cash flows.

We may decide not to implement, or may not be successful in implementing, one or more elements of our multi-year strategic plan, and the plan as implemented may not achieve its goal of enhancing shareholder value through the long-term growth of our Company.

We are implementing a multi-year strategic plan to develop an impact investing business engaged in a number of complimentary impact investing businesses in the United States which will permit us to explore synergistic growth opportunities utilizing our core competencies.

There are uncertainties and risks associated with our strategic plan, including with respect to implementation and outcome. We may decide to change, or to not implement, one or more elements of the plan over time or we may not be successful in implementing one or more elements of the plan, in each case for a number of reasons. For example, we may face significant challenges and risks expanding into an impact investing business including:

	●	our ability to compete with the large number of other companies pursuing similar business opportunities, many of which already have established businesses in the geographic regions we are targeting and/or have greater financial, strategic, technological or other resources than we have;
	●	our ability to obtain financing on terms we consider acceptable, or at all, which we may need, for example, to develop new projects, to obtain desired technology, personnel, or intellectual property, to acquire one or more existing businesses as a platform for our expansion, or to fund internal research and development;
	●	our ability to provide services or products that keep pace with rapidly changing technology, customer preferences, equipment costs, increasing raw materials and transportation costs, market conditions and other factors that currently are unknown to us that will impact these markets;
	●	our ability to manage the risks and uncertainties associated with our operating the facilities and projects in this line of business, including the variability of revenues and profitability of such projects;
	●	our ability to devote the management and other resources required to successfully implement this plan; and
	●	our ability to recruit appropriate employees and address labor market challenges in those geographic regions in which we intend to operate.

Apart from the risks associated with implementing the plan, the plan itself will expose us to other risks and uncertainties once implemented. Expanding our geographic base will subject us to risks associated with doing business in new regions where we will have to learn the local business and political environment. In addition, expanding into new technologies will expose us to new risks and uncertainties that are unknown to us now in addition to the risks and uncertainties that may be similar to those we now face. The success of the plan, once implemented, will depend, among other things, on our ability to manage these risks effectively. There is no assurance that the plan will enhance shareholder value through long-term growth of the Company to the extent currently anticipated by our management or at all.

We may engage in transactions with businesses or entities affiliated with our executive officers, directors or major shareholders which may raise potential conflicts of interest.

In carrying out our impact investing strategy, we may decide to enter into a transaction or acquire a business affiliated with our executive officers, directors or one or more of our major shareholders. We would pursue a transaction with an affiliated entity if we determined that such affiliated entity met our criteria and guidelines for a business combination or other transaction, and such transaction was approved by a majority of our independent and disinterested directors. We may not obtain an opinion from an independent investment banking firm or another independent entity regarding the fairness to the Company from a financial point of view of such a business combination or transaction. In the event of a transaction with an affiliated entity, potential conflicts of interest may exist and, as a result, the terms of the transaction may not be as advantageous to our public shareholders as they would be absent any conflicts of interest. We have entered into transactions with affiliated entities in the past and expect to do so in the future under the conditions set forth herein.

We may not be able to successfully conclude the transactions or integrate the businesses which we may acquire in the future, which could materially and adversely affect our business, financial condition, future results and cash flow.

We intend to carry out our impact investing strategy primarily through acquisitions. Integrating acquisitions is often costly, and we may be unable to successfully integrate our acquired businesses with our existing operations without substantial costs, delays or other adverse operational or financial consequences. Integrating our acquired businesses involves a number of risks that could materially and adversely affect our business, including:

	●	failure of the acquired businesses to achieve the results we expect;
	●	inability to retain key personnel of the acquired businesses;
	●	risks associated with unanticipated events or liabilities; and
	●	the difficulty of establishing and maintaining uniform standards, controls, procedures and policies, including accounting controls and procedures.

If any of our acquired businesses suffers customer dissatisfaction or performance problems, this could adversely affect our reputation and could materially and adversely affect our business, financial condition, future results and cash flow.

Although we have identified general criteria and guidelines that we believe are important in evaluating prospective target businesses, we may enter into business combinations that do not have attributes entirely consistent with our general criteria and guidelines.

Although we have identified general criteria and guidelines for evaluating prospective target businesses that fall within our impact investing strategy, it is possible that we may acquire or enter into transactions with a target business which will not meet all of these criteria. If shareholder approval of the transaction is required by applicable law or other requirements, or we decide to obtain shareholder approval for business or other reasons, it may be more difficult for us to attain shareholder approval of those business combinations if the target business does not meet our general criteria and guidelines.

We may make future acquisitions or form partnerships and joint ventures that may involve numerous risks that could impact our financial condition, results of operations and cash flows.

Our impact investing strategy may include expanding our scope of products and services organically or through selective acquisitions, investments or creating partnerships and joint ventures. We may selectively acquire other businesses, product or service lines, assets or technologies that are complementary to our business. We may be unable to find or consummate future acquisitions at acceptable prices and terms, or we may be unable to integrate existing or future acquisitions effectively and efficiently and may need to divest those acquisitions. We expect to continually evaluate potential acquisition opportunities in the ordinary course of business. Acquisitions involve numerous risks, including among others:

	●	our evaluation of the synergies and/or long-term benefits of an acquired business;
	●	integration difficulties, including challenges and costs associated with implementing systems, processes and controls to comply with the requirements of a publicly-traded company;
	●	diverting management’s attention;
	●	litigation arising from acquisition activity;
	●	potential increased debt leverage;
	●	potential issuance of dilutive equity securities;
	●	entering markets in which we have no or limited direct prior experience and where competitors in such markets have stronger market positions;
	●	unanticipated costs and exposure to undisclosed or unforeseen liabilities or operating challenges;
	●	potential goodwill or other intangible asset impairments;
	●	potential loss of key employees and customers of the acquired businesses, product or service lines, assets or technologies;
	●	our ability to properly establish and maintain effective internal controls over an acquired company; and
	●	increasing demands on our operational and IT systems.

The success of acquisitions of businesses, new technologies and products, or arrangements with third parties is not always predictable and we may not be successful in realizing our objectives as anticipated. Furthermore, any future credit facility entered into in connection with such acquisitions may contain certain financial and operational covenants that limit, or that may have the effect of limiting, among other things, the payment of dividends, acquisitions, capital expenditures, the sale of assets and the incurrence of additional indebtedness.

We could be exposed to significant liability for violations of hazardous substances laws because of the use or presence of such substances at our facilities or properties.

Our impact investing business operations will be subject to numerous federal, regional, state and local statutory and regulatory standards relating to the generation, handling, transportation, use, storage, treatment and disposal of hazardous substances. If any hazardous substances are found to have been released into the environment at or by one of our facilities or on one of our properties in concentrations that exceed regulatory limits, we could become liable for the investigation and removal of those substances, regardless of their source and time of release. If we fail to comply with these laws, ordinances or regulations (or any change thereto), we could be subject to, among other things, civil or criminal liability, the imposition of liens or fines, the cessation of operations, or substantial expenditures necessary to bring our operations into compliance. Furthermore, under certain federal and states laws, we can be held liable for the cleanup of releases of hazardous substances at any of our current or former facilities or at any other locations where we arranged for disposal of those substances, even if we did not cause the release at that location or if the release complied with applicable law at the time it occurred. Liability under these laws can be joint and several. The cost of any remediation activities in connection with a spill or other release of such substances could be significant and could expose us to significant liability.

Our operations could be adversely impacted by climate change.

Our environmental services operations may be susceptible to losses and interruptions caused by extreme weather conditions such as droughts, hurricanes, floods, wildfires, and water or other natural resource shortages, occurrences of which may increase in frequency and severity as a result of climate change. Climate change may also produce general changes in weather or other environmental conditions, including temperature or precipitation levels. To the extent weather conditions continue to be impacted by climate change, our environmental services operations and facilities may be adversely impacted in a manner that we could not predict which may in turn adversely impact our results of operations. In addition, the potential physical effects of climate change, such as increased frequency and severity of storms, floods, and other climatic events, could disrupt our operations and cause us to incur significant costs to prepare for or respond to these effects.

If we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to carry out our impact investing strategy.

If we are deemed to be an investment company under the Investment Company Act, our activities may be subject to, among other things, restrictions on the nature of our investments and the issuance of securities, each of which may make it difficult for us to carry out our planned impact investing strategy. In addition, we may be subject to additional requirements including: (i) registration as an investment company with the SEC; (ii) adoption of a specific form of corporate structure; and (iii) reporting, record keeping, voting, proxy and disclosure requirements and other rules and regulations that we are currently not subject to. Compliance with these additional regulatory burdens would require additional expenses for which we have not allotted funds and may hinder our ability to carry out our impact investing strategy.

In order not to be regulated as an investment company under the Investment Company Act, unless we can qualify for an exclusion, we must ensure that we are engaged primarily in a business other than investing, reinvesting or trading of securities and that our activities do not include investing, reinvesting, owning, holding or trading “investment securities” constituting more than 40% of our assets (exclusive of U.S. government securities and cash items) on an unconsolidated basis. Our business will include identifying and completing business combination and thereafter to operate the post-transaction business or assets for the long term. We do not plan to buy businesses or assets with a view to resale or profit from their resale. We do not plan to buy unrelated businesses or assets or to be a passive investor. We do not believe that our principal activities will subject us to registration under the Investment Company Act.

Risks Related to our Common Stock

Our common stock is illiquid and the price of our common stock may be negatively impacted by any negative operational results and factors unrelated to our operations.

Our common stock is quoted on the OTCQB trading on the OTCQB is frequently highly volatile, with low trading volume. We have experienced significant fluctuations in the price and trading volume of our common stock, which may be caused by factors relating to our business and operational results and/or factors unrelated to the Company, including general market conditions. An active market for our common stock may never develop, in which case it could be difficult for stockholders to sell their common stock. The market price of our common stock could continue to fluctuate substantially.

Trading of our stock is restricted by the SEC’s “penny stock” regulations and certain FINRA rules, which may limit a stockholder’s ability to buy and sell our common stock.

Our securities are covered by certain “penny stock” rules, which impose additional sales practice requirements on broker-dealers who sell low-priced securities to persons other than established customers and accredited investors. For transactions covered by these rules, a broker-dealer must make a special suitability determination for the purchaser and have received the purchaser’s written consent to the transaction prior to sale, among other things. These rules may affect the ability of broker-dealers and holders to sell our common stock and may negatively impact the level of trading activity for our common stock. To the extent our common stock remains subject to the penny stock regulations, such regulations may discourage investor interest in and adversely affect the market liquidity of our common stock.

The Financial Industry Regulatory Authority (FINRA) has adopted rules that require a broker-dealer, when recommending an investment to a customer, to have reasonable grounds for believing that the investment is suitable for that customer. Prior to recommending speculative low-priced securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about the customer’s financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA believes that there is a high probability that speculative low-priced securities will not be suitable for at least some customers. FINRA requirements make it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit an investor’s ability to buy and sell our common stock and could have an adverse effect on the market for our shares.

If we issue and sell additional shares of our common stock in the future, our existing stockholders will be diluted and our stock price could fall.

Our articles of incorporation authorize the issuance of up to 1,000,000,000 shares of common stock, of which, as of June 30, 2025, 108,616,078 shares were outstanding and 18,855,879 shares were reserved for issuance under our stock incentive plan and other outstanding options or warrants. As a result, we have a large number of shares of common stock that are authorized for issuance that are not outstanding or otherwise reserved, and could be issued at the discretion of our Board of Directors. We expect to seek additional financing in the future in order to fund our operations, and if we issue additional shares of common stock or securities convertible into common stock, our existing stockholders will be diluted. Our Board of Directors may also choose to issue shares of our common stock or securities convertible into or exercisable for our common stock to acquire assets or companies, for compensation to employees, officers, directors, consultants and advisors, to fund capital expenditures and to enter into strategic partnerships. Additionally, shares of common stock could be issued for anti-takeover purposes or to delay or prevent changes in control or management of the Company. Our Board of Directors may determine to issue shares of our common stock on terms that our stockholders do not believe enhance stockholder value, or that may ultimately have an adverse effect on our business or the trading price of our common stock. Further, the issuance of any such shares may cause further dilution to the ownership interest of our current stockholders, reduce the book value per share of our common stock and may contribute to a reduction in the market price for our common stock.

Our principal stockholders and management own a significant percentage of our stock and will be able to exert significant control over matters subject to stockholder approval.

Certain of our executive officers, directors and stockholders own a significant percentage of our outstanding capital stock. As of June 30, 2025, our executive officers, directors, holders of 5% or more of our capital stock and their respective affiliates beneficially owned approximately 47.2% of our outstanding shares of common stock. Accordingly, our directors, executive officers and certain stockholders have significant influence over our affairs due to their substantial stock ownership coupled with their positions on our management team. For example, these stockholders may be able to control or influence elections of directors, amendments of our organizational documents, or approval of any merger, sale of assets, or other major corporate transaction. This concentration of ownership may prevent or discourage unsolicited acquisition proposals or offers for our common stock that some of our stockholders may believe is in their best interest.

We are subject to the reporting requirements of federal securities laws, compliance with which involves significant time, expense and expertise.

We are a public reporting company and are subject to the information and reporting requirements of the Exchange Act and other federal securities laws, including the obligations imposed by the Sarbanes-Oxley Act of 2002. The ongoing costs associated with preparing and filing annual, quarterly and current reports, proxy statements and other information with the SEC in the ordinary course, as well as preparing and filing audited financial statements, are significant and may cause unexpected increases in operational expenses. Our present management team is relatively small and may be unable to manage the ongoing costs and compliance effectively. It may be time consuming, difficult and costly for us to hire additional financial reporting, accounting and other finance staff in order to build and retain a management team with adequate expertise and experience in operating a public company.

We have never paid dividends on our capital stock, and we do not anticipate paying any cash dividends in the foreseeable future.

The continued operation and expansion of our business will require substantial funding. We have paid no cash dividends on any of our capital stock to date and we currently intend to retain our available cash to fund the development and growth of our business. Any determination to pay dividends in the future will be at the discretion of our Board of Directors and will depend upon our results of operations, financial condition, contractual restrictions, restrictions imposed by applicable law and other factors our Board of Directors deems relevant. We do not anticipate paying any cash dividends on our common stock in the foreseeable future. Any return to stockholders will therefore be limited to the appreciation of their stock, which may never occur.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds: None

Item 3. Defaults Upon Senior Securities: None

Item 4. Mine Safety Disclosures:

Item 5. Other Information: None

Item 6. Exhibits

Exhibit Number		Description of Exhibit

2.1		Agreement and Plan of Merger, dated September 14, 2011, by and between Stevia First Corp. and Legend Mining Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)

3.1.1		Articles of Incorporation of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)

3.1.2		Certificate of Amendment of Articles of Incorporation of Vitality Biopharma, Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on July 19, 2016.)

3.1.3		Articles of Merger, effective October 10, 2011 (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)

3.1.4		Certificate of Change, effective October 10, 2011 (Incorporated by reference to Exhibit 3.2 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)

3.2.1		Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.2 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)

3.2.2		Certificate of Amendment of Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on February 7, 2012.)

3.2.3		Bylaws of Malachite Innovations, Inc., effective as of November 10, 2021 (Incorporated by reference to Exhibit 3.2.3 to the registrant’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021.)

10.11#		Vitality Biopharma, Inc. 2021 Stock Incentive Plan (Incorporated by reference to Exhibit 99.1 to the registrant’s Registration Statement on Form S-8 filed with the SEC on September 3, 2021.)

10.12		Amended and Restated Revolving Promissory Note, dated as December 4, 2023, made by the Company, in favor of Independence Bank in the amount of $1,000,000 (Incorporated by reference to Exhibit 10.12 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).

10.13		Revolving Collateral Note, dated as June 16, 2023, made by Range Environmental Resources, Inc. and Range Natural Resources, Inc., in favor of Independence Bank in the amount of $1,000,000 (Incorporated by reference to Exhibit 10.13 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).

10.14		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,035,250 (Incorporated by reference to Exhibit 10.14 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).

10.15		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,000,000 (Incorporated by reference to Exhibit 10.15 to the registrant’s Form 10-Q/A for the period ending March 31, 2024 filed on August 8, 2024).

10.16		Purchase and Sale Agreement, dated as of March 31, 2025, by and among AppleAtcha Land, LLC, WV Reclaim Co, LLC and Range Sky View LLC (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on April 2, 2025.

10.17		Transaction Advisory Agreement by and among AppleAtcha Land, LLC, WV Reclaim Co, LLC and Range Sky View Land, LLC, effective as of May 30, 2025 (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on June 4, 2025).

10.18		Purchase and Sale Agreement by and between WV Reclaim Co, LLC and Range Sky View Land LLC effective June 30, 2025 (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on July 3, 2025).

10..19		Assignment and Assumption Agreement by and between AppleAtcha Land LLC and Range Sky View Land LLC effective July 1, 2025 (Incorporated by reference to Exhibit 10.2 to the registrant’s Form 8-K filed with the SEC on July 3, 2025).

31.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*

31.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*

32.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†

32.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†

95		Mine Safety Disclosures

101.INS		Inline XBRL Instance Document *

101.SCH		Inline XBRL Taxonomy Extension Schema Document *

101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase *

101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document *

101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document *

101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document *

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

† Furnished herewith.

* Filed herewith.

# Indicates a management contract or any compensatory plan, contract or arrangement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

RANGE IMPACT, INC.

By:	/s/ Michael Cavanaugh
	Michael Cavanaugh
	Chief Executive Officer
	(Principal Executive Officer)

Date: August 14, 2025

EXHIBIT INDEX

Exhibit Number		Description of Exhibit

2.1		Agreement and Plan of Merger, dated September 14, 2011, by and between Stevia First Corp. and Legend Mining Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)

3.1.1		Articles of Incorporation of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)

3.1.2		Certificate of Amendment of Articles of Incorporation of Vitality Biopharma, Inc. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on July 19, 2016.)

3.1.3		Articles of Merger, effective October 10, 2011 (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)

3.1.4		Certificate of Change, effective October 10, 2011 (Incorporated by reference to Exhibit 3.2 to the registrant’s Current Report on Form 8-K filed with the SEC on October 14, 2011.)

3.2.1		Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.2 to the registrant’s Registration Statement on Form S-1 filed with the SEC on August 6, 2008 (File No. 333-152830).)

3.2.2		Certificate of Amendment of Bylaws of Stevia First Corp. (Incorporated by reference to Exhibit 3.1 to the registrant’s Current Report on Form 8-K filed with the SEC on February 7, 2012.)

3.2.3		Bylaws of Malachite Innovations, Inc., effective as of November 10, 2021 (Incorporated by reference to Exhibit 3.2.3 to the registrant’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021.)

10.11#		Vitality Biopharma, Inc. 2021 Stock Incentive Plan (Incorporated by reference to Exhibit 99.1 to the registrant’s Registration Statement on Form S-8 filed with the SEC on September 3, 2021.)

10.12		Amended and Restated Revolving Promissory Note, dated as December 4, 2023, made by the Company, in favor of Independence Bank in the amount of $1,000,000 (Incorporated by reference to Exhibit 10.12 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)

10.13		Revolving Collateral Note, dated as June 16, 2023, made by Range Environmental Resources, Inc. and Range Natural Resources, Inc., in favor of Independence Bank in the amount of $1,000,000. (Incorporated by reference to Exhibit 10.13 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)

10.14		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,035,250. (Incorporated by reference to Exhibit 10.14 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)

10.15		Secured Promissory Note, dated August 31, 2023, made by Collins Building and Contracting, Inc., in favor or Roger Collins in the principal amount of $2,000,000 (Incorporated by reference to Exhibit 10.15 to the registrant’s Form 10-K/A filed with the SEC on August 8, 2024.)

10.16		Purchase and Sale Agreement, dated as of March 31, 2025, by and among Appleatcha Land, LLC, WV Reclaim Co, LLC and Range Sky View LLC (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on April 2, 2025.

10.17		Transaction Advisory Agreement by and among AppleAtcha Land, LLC, WV Reclaim Co, LLC and Range Sky View Land, LLC, effective as of May 30, 2025 (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on June 4, 2025).

10.18		Purchase and Sale Agreement by and between WV Reclaim Co, LLC and Range Sky View Land LLC effective June 30, 2025 (Incorporated by reference to Exhibit 10.1 to the registrant’s Form 8-K filed with the SEC on July 3, 2025).

10.19		Assignment and Assumption Agreement by and between AppleAtcha Land LLC and Range Sky View Land LLC effective July 1, 2025 (Incorporated by reference to Exhibit 10.2 to the registrant’s Form 8-K filed with the SEC on July 3, 2025).

31.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*

31.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934*

32.1		Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†

32.2		Certification of Chief Financial Officer (Principal Accounting Officer) Pursuant to Section 1350 as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002†

95		Mine Safety Disclosures

101.INS		Inline XBRL Instance Document *

101.SCH		Inline XBRL Taxonomy Extension Schema Document *

101.CAL		Inline XBRL Taxonomy Extension Calculation Linkbase *

101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document *

101.LAB		Inline XBRL Taxonomy Extension Label Linkbase Document *

101.PRE		Inline XBRL Taxonomy Extension Presentation Linkbase Document *

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

† Furnished herewith.

* Filed herewith.

# Indicates a management contract or any compensatory plan, contract or arrangement.

Filing Compare · RANGE IMPACT, INC.