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 UNITED
STATES

 SECURITIES
AND EXCHANGE COMMISSION

 Washington,
D.C. 20549

 FORM

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

 For
the fiscal year ended December 31, 2024

 or

 TRANSITION
 REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For
the transition period from _________to_________

 Commission
File No. 000-53832

 RANGE

 (Exact
name of registrant as specified in charter)

 Nevada

 75-3268988

 (State
 or other jurisdiction of

 incorporation
 or organization)

 (IRS
 Employer

 Identification
 No.)

 Park Avenue, Suite 400

 Cleveland,
 Ohio 44122

 (216) 304-6556

 (Address
 of principal executive office, including zip code)

 (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

by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes No

by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities 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

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

by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting
company (as defined in Rule 12b-2 of the Act). See definitions of "large accelerated filer," "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

 If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 If
securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant
included in the filing reflect the correction of an error to previously issued financial statements.

by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation
received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 As
of June 30, 2024, the last business day of the registrant's most recently completed second fiscal quarter, the aggregate market
value of the common stock held by non-affiliates of the registrant was approximately $ 19,824,116, based on the closing price of $0.37
for the registrant's common stock as quoted on the OTC Markets on that date. For purposes of this calculation, it has been assumed
that shares of common stock held by each director, each officer and each person who owns 10% or more of the registrant's outstanding
common stock are held by affiliates. The treatment of these persons as affiliates for purposes of this calculation is not conclusive
as to whether such persons are, in fact, affiliates of the registrant.

 As
of March 28, 2025, there were 108,616,078 shares of the registrant's common
stock, $ 0.001 par value per share, outstanding.

 TABLE
OF CONTENTS

 Page

 Item 1. Business

 Item 1A. Risk Factors

 Item 1B. Unresolved Staff Comments

 Item 1C. Cybersecurity

 Item 2. Properties

 Item 3. Legal Proceedings

 Item 4. Mine Safety Disclosures

 Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 Item 6. Selected Financial Data

 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

 Item 7A. Quantitative and Qualitative Disclosures About Market Risk

 Item 8. Financial Statements and Supplementary Data

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

 Item 9A. Controls and Procedures

 Item 9B. Other Information

 Item 10. Directors, Executive Officers and Corporate Governance

 Item 11. Executive Compensation

 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 Item 13. Certain Relationships and Related Transactions, and Director Independence

 Item 14. Principal Accounting Fees and Services

 Item 15. Exhibits, Financial Statement Schedules

 Item 16. Form 10-K Summary

 This
Annual Report on Form 10-K includes "forward-looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements relate to expectations concerning matters that are not historical facts, and are
generally identified by words such as "believe", "expect", "anticipate", "estimate",
"intend", "strategy", "may", "will likely" and similar words or phrases. A forward-looking
statement is neither a prediction nor a guarantee of future events or circumstances, and our actual results could differ materially and
adversely from those expressed in any forward-looking statement. The forward-looking statements contained in this Annual Report are all
based on currently available market, operating, financial and competitive information and assumptions and are subject to various risks
and uncertainties that are difficult to predict, any of which could cause actual results to differ materially from those expressed in
such forward-looking statements. These risks and uncertainties may include, without limitation, risks related to general economic and
business conditions; our ability to continue as a going concern; our ability to obtain financing necessary to operate our business; our
limited operating history; our ability to recruit and retain qualified personnel; our ability to manage any future growth; our ability
to research and successfully develop our planned products; our ability to successfully complete potential acquisitions and collaborative
arrangements; and other factors including those set forth below under the caption "Risk Factors" in Part I, Item 1A and "Management's
Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7, and elsewhere in this Annual Report,
as well as in the other reports we file with the Securities and Exchange Commission. Forward-looking statements speak only as of the
date they were made, and, except as required by law, we undertake no obligation to revise or update any forward-looking statement for
any reason.

 Unless
the context requires otherwise, "Range," the "Company," "RNGE," "we,"
"us," and "our," refer to Range Impact, Inc. and its subsidiaries.

 PART
I

 Item
1. Business

 Our Company History

 We
are a Nevada corporation, initially formed in June 2007 under the name "Legend Mining Inc." for the purpose of engaging in
mineral property exploration. The Company, however, was unable to keep its sole mineral claim in good standing due to insufficient funding,
and its interest in that property terminated. Whereupon, in October 2011, the Company completed a merger with its wholly-owned subsidiary,
Stevia First Corp., whereby the Company changed its name from "Legend Mining Inc." to "Stevia First Corp." and
began focusing its business on the cultivation and harvest of stevia leaf and development of stevia products. As an outgrowth of its
stevia leaf research, the Company commenced researching the development of cannabinoid pharmaceutical candidates known as cannabosides
principally for the treatment of serious neurological and inflammatory disorders, a research activity we continued until the sale of our Graphium subsidiary. See Note 2 for more details. In July
2016, our Board of Directors and shareholders approved a corporate name change from "Stevia First Corp." to "Vitality
Biopharma, Inc." and in October 2021, as part of a rebranding effort, we completed a merger with a newly-formed wholly-owned subsidiary,
Malachite Innovations, Inc., pursuant to which we changed our corporate name from "Vitality Biopharma, Inc." to "Malachite
Innovations, Inc." and expanded our business to include impact investing with a particular focus on acquiring, reclaiming and repurposing
mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. This business is the sole source
of our revenues. In December 2023, the Company completed a statutory merger under Delaware law into Range Impact, Inc., a newly-formed
wholly-owned subsidiary, and adopted the corporate name of "Range Impact Inc." to create consist branding throughout the
entire Company as a result of the two acquisitions described in the following paragraph.

 In
May 2022, we acquired Range Environmental Resources, Inc., a West Virginia corporation ("Range Environmental") and Range
Natural Resources, Inc., a West Virginia corporation ("Range Natural" and together with Range Environmental, the "Range
Reclamation Entities"). The Range Reclamation Entities provide land reclamation and water restoration services to mining and non-mining
customers throughout the Appalachian region with the goal of returning land to pre-mining conditions or repurposing the land for natural,
commercial, agricultural or recreational use. The Range Reclamation Entities' water restoration services seek to improve the water
quality in rivers, streams and discharges through novel and innovative treatment applications to help customers meet their various regulatory
standards and requirements. Range Natural is no longer an active operating business, but had previously engaged subcontractors to mine
and transport coal on behalf of third-party customers incidental to the reclamation and repurposing of mine sites.

 In
August 2023, the Company acquired Collins Building & Contracting, Inc., a West Virginia corporation ("Collins Building"),
an environmental services business primarily focusing on the reclamation of abandoned mine land sites in West Virginia.

 In
August 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.

 In
September 2024, the Company sold all of its drug development assets to a newly-formed entity owned by our former Chief Science Officer
and former Chief Financial Officer. The Company is no longer in the cannabinoid drug development business.

 Our

 We
are 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 own and operate several complementary operating businesses 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 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.

 Impact
Investing Strategy

 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 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 of technology-based
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.

 We
have a particular interest in providing environmental and social solutions in economically-disadvantaged regions of the United States.
Initially, the Company is targeting 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 allocate investment capital and build operating
businesses that provide positive environmental and social impact in the disadvantaged coal communities of Appalachia.

 Our
corporate headquarters is located in Cleveland, Ohio, with an additional office location in Fola, West Virginia. As of March 28, 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.

 We
have the following five operating business segments: (i) Range Reclaim; (ii) Range Minerals; (iii) Range Water; (iv) Range Security;
and (v) Range Land.

 Range
Reclaim

 In
May 2022, the Company acquired Range Environmental Resources, Inc., a West Virginia corporation ("Range Environmental").
Range Environmental provides land reclamation, water restoration and environmental consulting services to mining and non-mining customers
throughout the Appalachian region with the goal of returning land to pre-mining conditions or repurposing the land for natural, commercial,
agricultural or recreational use. Range Environmental also provides environmental consulting services to customers, typically in connection
with land reclamation and water restoration projects, and, as an additional value-add service, sells water treatment chemicals manufactured
by third parties to its customers.

 According
to the U.S. Energy Information Administration ("EIA"), the United States had 551 coal mines in 2020, comprised of 370 active
mines, 141 idled or closed mines, and 40 new or activated mines. Approximately 82% of those coal mines were located in Appalachia (which
comprises the Appalachian Mountains and is commonly known as the cultural region in the Eastern United States stretching from the southern
part of New York to the northern parts of Alabama and Georgia). According to the EIA, there were approximately three times as many coal
mines in the United States in 2008 (compared to 2020) with approximately 89% located in Appalachia. The precipitous decline in the number
of operating coal mines since 2008 is due to various supply, demand and regulatory factors, including a reduction in demand for coal
as a source of electricity due to the increased use of natural gas and renewable energy, an increase in coal production costs due to
inflation and the dearth of cost-effective locations remaining for mining, and a more stringent and costly regulatory environment, all
of which have resulted in an increasingly difficult market for coal producers.

 In
2000, coal was responsible for 1,966 billion kWh of electricity generation, representing 52% of the total electricity generation in the
United States. In 2022, coal was responsible for only 828 billion kWh of electricity generation, representing 20% of the total electricity
generation in the United States, a decline of approximately 58%. According to the EIA, 23% of the 200,568 megawatts of coal-fired capacity
currently operating in the United States is scheduled to retire by the end of 2029 due to the high cost of operations, competition from
natural gas and renewable energy resources, and sustainable initiatives of energy producers.

 However,
the reclamation of closed and inactive mine sites has not kept pace with the increase in the number of closed and idled mine sites, thus
creating a substantial backlog of reclamation work that needs to be completed on former mine sites. According to the U.S. Office of Surfacing
Mining Reclamation and Enforcement ("OSMRE"), there are approximately 50,000 high-priority abandoned mine land locations
in the United States resulting from legacy coal mining operations that failed to adequately reclaim the land and waterways back to their
natural state as required by federal regulations. Additionally, there are tens of thousands of active mine sites in the United States
that require contemporaneous reclamation of land and waterways during the active mining process, and an estimated equally large number
of idled mine locations that also require significant land reclamation and water restoration.

 Under
the Surface Mining Control and Reclamation Act of 1977 ("SMRCA"), OSMRE was established for two basic purposes: (i) to ensure
coal mines in the United States operate in a manner that protects citizens and the environment during mining operations and to restore
the land to beneficial use following mining, and (ii) to implement an Abandoned Mine Land ("AML") reclamation program to
address the hazards and environmental degradation resulting from two centuries of coal mining activities that occurred before SMRCA was
passed in 1977. The AML reclamation program is funded through fees levied against coal producers based on tons of coal produced. As of
September 2020, the AML reclamation fund had collected a total of $11.7 billion in coal mining fees over the life of the program, with
$9.5 billion (81%) appropriated and distributed in accordance with SMCRA, and $2.2 billion (19%) unappropriated and available for future
disbursement. In November 2021, the Infrastructure Investment and Jobs Act was enacted, which, among other things, authorized $11.3 billion
in new funding to be appropriated for deposit into the AML reclamation fund. The AML reclamation fund is only available to help fund
the reclamation of mines abandoned before SMCRA was enacted in 1977, and therefore, all mines abandoned after the year 1977 cannot access
funding from the AML reclamation fund and must obtain funding from other sources.

 While
much of the funding for this reclamation work comes from the federal government, each state in Appalachia has a Department of Environmental
Protection ("DEP") or an equivalent agency that oversees coal mining permitting, operations, and reclamation. Under DEP rules
and regulations, coal mining companies are required to develop a mining and reclamation plan that is approved by the applicable state
agency, obtain a mining permit from the state, and secure a reclamation surety bond from a qualified third-party insurance company or
provide a comparable financial guarantee. The reclamation surety bond provides the state with financial assurances that land reclamation
and waterway restoration will be performed in accordance with the reclamation plan once mining is complete if the coal mining company,
as primary obligor, fails to perform. Therefore, there are at least three groups who may need land reclamation, water restoration and
environmental consulting services: (i) mining companies when permits are active and reclamation bonds are not in default, (ii) surety
bond insurers when reclamation bonds are in default, and (iii) states through their AML reclamation funds for mine lands abandoned before
1977 and for mine lands with defaulted coal mining companies and forfeited surety bonds on or after 1977.

 Range
Environmental currently provides reclamation and water treatment services to one customer at one large mining complex located in Fola,
West Virginia (the "Fola Mine"). Range Environmental employs 8 full-time workers and owns over 30 pieces of equipment, trucks
and accessories that are used in its business operations. Occasionally, Range Environmental will also rent or lease specific pieces of
equipment for certain tasks. Range Environmental operates in a highly-competitive market environment with high price sensitivity of customers
and inflationary pressures on labor, material and supply costs, therefore operating efficiency and asset utilization are key drivers
of profitability and performance. Range Environmental uses minimal raw materials in connection with its reclamation services at the Fola
Mine, other than grass seed, trees, water treatment solutions and other related reclamation and water treatment supplies, which are reimbursed
by its customer. Range Environmental does not own any intellectual property and does not require any government approvals to provide
reclamation services at the Fola Mine, other than standard business licenses and safety training for workers.

 In
August 2023, the Company acquired Collins Building & Contracting, Inc. ("Collins Building"), a West Virginia-based
environmental services business focused on performing reclamation services on AML sites throughout West Virginia. After the
acquisition, the Company used Range Environmental employees to perform reclamation services on AML sites using Range Environmental
equipment and Collins Building equipment. The Company subsequently determined that AML reclamation work was more administratively
and operationally challenging than anticipated, and that the Company was devoting a disproportionate amount of time, capital and
human resources allocated to these AML projects, particularly when compared to alternative opportunities in the marketplace. In
August 2024, the Company sold substantially all of the assets of Collins Building back to its previous owner in exchange for the
discharge of the outstanding indebtedness then owed by the Company in connection with the August 2023 acquisition. The
Company completed its final AML jobs in early November 2024, and subcontracted its remaining three active AML jobs to the previous
owner of Collins Building as part of the August 2024 transaction. As of the date of this filing, the Company is no longer engaged
in the AML reclamation business but continues with other reclamation activities.

 Range
Minerals

 In
May 2022, the Company acquired Range Natural Resources, Inc., a West Virginia corporation ("Range Natural"). Range Natural
provided mining and reclamation services using six of its own employees and two third-party mining subcontractors for its one customer
at the Fola Mine until December 2023. Range Natural operates in a highly-competitive market environment with high price sensitivity of
customers and inflationary pressures on labor, material and supply costs, therefore operating efficiency and asset utilization are key
drivers of profitability and performance. Range Natural uses minimal raw materials in connection with its mining and reclamation services
at the Fola Mine, other than grass seed and other related reclamation supplies, which are reimbursed by its customer. Range Natural does
not own any intellectual property and does not require any government approvals to provide mining and reclamation services at the Fola
Mine, other than standard business licenses, mining operator permits, and safety training for workers. Range Natural billed its sole
customer using a "rates and hours" method for its own employees and a "cost plus margin" method for its subcontractors.
Range Natural employees used Range Natural equipment and Range Natural subcontractors used their own equipment in performing the mining
and reclamation services. In December 2023, all of the Range Natural employees were terminated and the mining equipment subsequently
sold since Range Natural was no longer directly providing mining and reclamation services at the Fola Mine. Beginning in January 2024,
Range Natural had no employees, equipment or operations, other than contracts with third-party subcontractors.

 In
January 2024, the Company separated Range Natural's results from the "Range Reclaim" reporting segment and included
Range Natural's results in a separate "Range Minerals" reporting segment. The Company believes reporting the results
of Range Minerals separately from Range Reclaim will provide better insight and transparency into the overall operational performance
of both operating business segments.

 From
January 2024 to May 2024, Range Natural engaged two subcontractors to perform mining and reclamation services for its one customer at
the Fola Mine. Range Natural was responsible for paying both subcontractors on a bi-monthly basis and then charged its customer using
a "cost plus margin" method.

 On
May 2024, Range Natural engaged a primary contractor to fund the bi-monthly payments due to the same two subcontractors performing mining
and reclamation services for its one customer at the Fola Mine. As of June 30, 2024, the primary contractor failed to perform and therefore
the contract was terminated.

 On
June 30, 2024, as part of the contract termination, Range Natural agreed to assume the liability due to the subcontractors in exchange
for the ownership of the coal that had been mined by the subcontractor, and all contractual relationships with third-party contractors
and subcontractors were terminated. In August 2024, Range Natural sold all of the coal that it had acquired as part of the contract termination
and subsequently paid in full all amounts due to the subcontractors. Range Natural currently has no, and has no future plans to have
any, employees, equipment, contractual relationships, or operations, and therefore intends to discontinue the Range Minerals operating
business segment beginning in 2025.

 Range
Water

 Terra
Preta, LLC, an Ohio limited liability company ("Terra Preta"), is a biochar product development and environmental
solutions business started by the Company in December 2022. Terra Preta is developing a novel and innovative combination of biochar,
proprietary materials and structural designs intended to create several first-of-its-kind agricultural and water filtration products
and solutions. Terra Preta's research and development efforts have been put on hold until the Company has raised additional capital to fund the
advancement of its biochar-based agricultural and water filtration products.

 Biochar
is a solid, lightweight carbon-rich material produced by the thermal decomposition of organic material (such as cellulosic feedstock,
including wood and plants) using a chemical-conversion process known as pyrolysis. Carbonization pyrolysis is a chemical degradation
process that heats organic materials to produce carbon-rich biochar, liquid bio-oils, and syngas products. Since organic material is
thermally decomposed without oxygen during the pyrolysis process, combustion does not occur, so the process allows for the permanent
capture of carbon in the biochar end-product and eliminates the release of climate-damaging carbon dioxide into the atmosphere. The specific
yield of biochar during the carbonization pyrolysis process depends on several variables such as temperature, heating time and heating
rate. Lower temperatures, longer heating times and lower heating rates typically yield more biochar and less bio-oil and syngas.

 Terra
Preta has been launched to build a full-cycle, carbon-negative business that reduces greenhouse gases from the atmosphere, passively
filters contaminated water without the use of harsh chemicals, and provides a fortified, nutrient-rich soil amendment to improve the
growth of agricultural products. Terra Preta would seek to lease or acquire former mine lands for the planting, growth and harvesting of crops to serve as the primary
feedstock for our biochar production operations. The newly planted crops would then act as a "carbon sink", drawing substantial
amounts of carbon dioxide from the atmosphere into the plants through the photosynthesis process. When the plants are harvested, biochar
is produced through the carbonization pyrolysis process and the captured carbon dioxide is permanently preserved as carbon in the biochar
product for use in water treatment and agricultural end uses.

 Pursuant
to rules adopted under the Clean Water Act of 1972 ("Clean Water Act"), the U.S. Environmental Protection Agency ("EPA")
has implemented various pollution control programs such as wastewater standards for industry and recommendations for pollutants in surface
waters. The Clean Water Act prohibits any party from discharging pollutants into a water of the United States unless they have a permit
issued under the National Pollutant Discharge Elimination System ("NPDES"), which contains limits on what a party can discharge
and establishes monitoring and reporting requirements. On mining sites, coal operators are required to sample and test their water discharges
on a regular basis to ensure compliance with the Clean Water Act and applicable NPDES permits. Currently, most mining operators treat
non-compliant water with temporary holding ponds and expensive chemicals such as pH adjusters, coagulants and flocculants that require
constant reapplication to ensure compliance. Terra Preta will focus on developing a proprietary, biochar-based passive treatment system
that treats non-compliant mine site discharges to ensure compliance with the Clean Water Act and NPDES permits without the need for holding
ponds or expensive chemicals.

 Sustainable
agriculture plays a critical role in the stability, growth, and diversification of our future food supply chain and the growth of
plants intended to serve as a carbon sink to reduce greenhouse gases. High-quality soil, a key condition for sustainable
agriculture, requires organic matter, microorganisms, nutrients, and optimal compaction. Subsoils with a sufficient number of
air-filled pores have little restriction to drainage and aeration, and typically are able to decompose and cycle organic matter and
nutrients more efficiently. Alternatively, soil with poor aeration leads to the build-up of carbon dioxide, reduces the ability of
plants to absorb water and nutrients, and leads to increased plant stress and root disease. To help address the ill effects of soil
compaction, Terra Preta plans to develop a proprietary, fortified biochar soil amendment that provides unique soil structuring
characteristics that will allow plants to grow strong roots that optimize the absorption of water and nutrients, thereby reducing
root stress and disease.

 In
December 2022, Terra Preta filed trademarks for biochar goods and services related to agricultural and water treatment applications.
In March 2023, Terra Preta filed provisional patents related to novel and innovative agricultural and water treatment
solutions and designs. Additionally, in March 2023, Terra Preta purchased two pyrolysis ovens that each produce one ton of biochar
per day to advance our research and development activities. In July 2024, the biochar ovens owned by Terra Preta were scrapped by
the Company since they were no longer being used for small batch biochar production. There were no insurance proceeds received for
these losses. We are currently evaluating the purchase of a large continuous-process pyrolysis oven to increase the scale of our
biochar production to commercial levels once adequate funding is secured to advance this initiative.

 Range
Security

 Range
Security Resources, LLC, an Ohio limited liability company ("Range Security"), is an environmental security services
business started by the Company in November 2022. Range Security is focused on providing eco-friendly, technology-driven security
services to active and former mine sites, with a particular focus on locations transitioning from coal mining to next generation
industries and uses. Range Security is intended to serve as a complementary business to the Range Reclaim and Range Minerals entities.

 Mine
sites in the Appalachian region frequently comprise thousands of acres of natural habitat with valuable infrastructure and operating
assets disbursed across large tracts of land. However, many of these mine sites lack adequate broadband access or cellular service,
and therefore traditional technology-based security solutions are not available. Also, due to the large land areas and often
challenging access roads and mountainous terrain, consistent visual confirmation of the safety and security of high value assets is
often difficult, and significant amounts of carbon dioxide are emitted from heavy-duty trucks used to perform frequent
visual security checks. Furthermore, due to the remoteness and lack of technological options, most security services in the market
fail to provide an independent verification of the security status of a mine site and confirmation of visual security checks,
resulting in a customer's uncertainty regarding the actual security services being provided.

 Valuable
assets commonly found on mine sites requiring high-levels of security services include office buildings, coal operation facilities such
as preparation plants and loadout facilities, power stations and electrical lines, vehicles and heavy equipment, supplies and chemicals,
and spare parts and components. These high-value assets are frequently the target of theft since all or parts of these assets can be
easily removed from the mine site and sold for cash. Unfortunately, the actual damage to the operation resulting from this type of destructive
theft is frequently many times the market value of the stolen item, primarily due to the losses resulting from the down-time of operations,
the cost of repairs and replacement components, and the long-term damage to critical infrastructure that could be repurposed and used
to attract next generation industries once mining is complete.

 In
March 2023, Range Security was engaged by its first customer for environmental security services covering a 13,000-acre coal mine
site in West Virginia. Range Security currently employs 8 security professionals, and
is focusing its recruitment efforts on military veterans, former and current police officers, and other professionals with security
experience. Range Security has purchased two fuel-efficient utility task vehicles for ground surveillance and a thermal-imaging
drone for aerial surveillance, all of which use significantly less fuel and electricity to operate than traditional security
vehicles and provide a much broader coverage range with a substantially lower carbon footprint. Range Security is also in the
process of establishing satellite-based wireless service to support video surveillance and enable a mobile technology solution used
by our security professionals to provide real-time evidence of visual security checks. Range Security plans to expand its security
service business onto additional mine sites, with a particular focus on locations with valuable infrastructure being repurposed into
non-coal multi-use complexes with attractive job growth prospects and next-generation industry opportunities.

 Range
Land

 Range
Land, LLC, an Ohio limited liability company ("Range Land"), is a land acquisition company started by the Company in August
2023. Range Land is 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. Range Land is specifically interested in acquiring
land to be used for renewable energy facilities, innovative agricultural installations, and projects focused on improving the quality
and condition of our air, land and waterways.

 According
to industry estimates, Appalachia contains approximately one million acres of abandoned, idled and non-performing mine sites that
are burdened with significant land reclamation and water restoration obligations. Many of these troubled mine sites are subject to
mining permits and associated reclamation bonds which prevents the land from being repurposed for non-mining uses until the land has
been reclaimed and the permits and bonds have been released by the applicable state's environmental protection department.
Water quality is a particularly challenging issue since a permit can only be released if the site has at least 12 consecutive months
of compliant water samples without active chemical treatment, which heightens the need for water restoration solutions to help
transition former mine land to economically viable non-mining uses.

 The
Company, through its several operating businesses, has assembled the internal resources and capabilities to reclaim land, restore
waterways, install innovative water treatment solutions, and secure the mine site to protect the significant historical investment
in infrastructure. In addition to these in-house capabilities, the Company and its operating businesses also possess deep knowledge
and expertise in the permit and bond release process, which is a critical step necessary to unlock the underlying value of the
former mine land for non-fossil fuel uses. Range Land is actively reviewing several mine sites throughout Appalachia to acquire,
reclaim and repurpose in order to improve the land and create non-fossil fuel economic development opportunities for disadvantaged
local coal communities.

 In
September 2023, Range Land, through its wholly-owned subsidiary CLV Azurite Land, LLC, an Ohio limited liability company ("CLV
Azurite"), acquired over 1,900 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 bonds associated with the acquired land to ensure that the acquired surface acreage
can be repurposed for alternative non-fossil fuel uses. Concurrently, CLV Azurite is in active discussions with two experienced and
well-capitalized solar energy 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. Under
the solar arrangements, CLV Azurite would be the landlord and the solar developer-operator would be the tenant required to pay CLV
Azurite a negotiated lease payment on a per acre basis.

 Competition

 We
are focused on a large and growing marketplace for impact investing initiatives, and therefore, anticipate facing competition
from a variety of operating businesses and investment funds who are developing similar business plans and operating strategies to
satisfy the increasing demands for these types of investments in the marketplace. In many cases, these competitors are larger and
better capitalized than the Company.

 We compete on the basis of a number of factors, including our geographic focus on Appalachia, access to mission-driven energy-transition
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.

 Information
Systems

 Foundation
Software, LLC ("Foundation") serves as the Company's third-party accounting software provider. Foundation's
software is specifically designed for service companies, particularly those in the construction, contracting and reclamation
industries. Foundation's software offers the Company several enhanced features critical to the successful execution of its
shareholder value creation plan, including (i) general ledger accounting, including accounts payable, accounts receivable, inventory
and customer billing, (ii) equipment tracking on job sites, maintenance, utilization and depreciation, (iii) employee tracking on
job sites, time and materials, utilization, and billing, (iv) job costing and profitability reporting segmented by customers, job
types and location, and (v) numerous real-time management dashboard and key performance indicator reports that allow management to
closely monitor financial and operational performance and quickly react to business opportunities and issues. Furthermore,
Foundation's software allows the Company to more readily scale operations and efficiently and cost-effectively support the
anticipated growth of each of our business lines, thereby reducing the risk that our accounting and management systems
become a limiting factor to our growth initiatives.

 Going
Concern

 The
accompanying financial statements have been prepared on a going concern basis, 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 year
ended December 31, 2024, the Company incurred a net loss of $9,798,083 and used $1,591,426 of cash in the Company's operating 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 to continue as a going concern is dependent on the Company attaining and maintaining profitable operations in the future and/or
raising additional capital to meet its obligations and repay its liabilities arising from normal business operations when they come due.
The Company estimates, as of December 31, 2024, that it may not have sufficient funds to operate the business for 12 months given its
cash balance of $167,286 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 if
the Company 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.

 General
Information

 We
maintain a corporate website at: www.rangeimpact.com. Information contained on our website is not incorporated by reference in this Annual
Report. We file reports with the Securities and Exchange Commission ("SEC") and make available free-of-charge through our
website our annual reports, quarterly reports, current reports, proxy and information statements and amendments to those reports filed
or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

 Item
1A. Risk Factors

 Investing
in our Common Stock involves a high degree of risk. The following risk factors should be considered carefully in addition to the
other information contained in this Annual Report. This Annual Report contains forward-looking statements. Our business, financial
condition, results of operations and stock price could be materially adversely affected by any of these risks.

 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 financings and, more recently, with operating profits. If we do 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, 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.

 During the year ended December 31, 2024, the Company
incurred a net loss of $9,798,083, and $1,591,426 of cash was used by the Company's operating activities. The Company estimates
that it may not have sufficient funds to operate its business for 12 months given its cash balance as of December 31, 2024 of approximately
$167,286 and revenues being generated by the Company's operating business segments. The ability of the Company to continue as a going concern is
dependent on the Company's ability to fund future operations through additional financing from investors and/or lenders or through
the sale of its securities or through development of its operations. 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 do so could cause our business, results of operations and financial condition to suffer or fail.

 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.

 If
we are unable to hire and retain qualified personnel, we may not be able to implement our business plan.

 As
of March 27, 2025, we employed 18 full-time employees. Attracting and retaining
personnel will be critical to our success. As a small company with an uncertain future, we may not be able to attract and retain the
qualified personnel necessary for the development of our business. In addition, we may have difficulty recruiting necessary
personnel as a result of our limited operating history. The loss of key personnel or the failure to recruit necessary additional
personnel could impede the achievement of our business objectives.

 In
addition, we expect to rely on independent organizations, advisors and consultants to provide certain services. The services of these
independent organizations, advisors and consultants may not be available to us on a timely basis when needed or on acceptable terms,
and if they are not available, we may not be able to find qualified replacements. If we are unable to retain the services of qualified
personnel, independent organizations, advisors and consultants, we may not be able to implement our business plan.

 Our
CEO and certain other Company employees devote substantial portions of their time to businesses other than the Company's business.

of our officers, directors and employees devote substantial portions of their time to businesses of other companies. Our CEO,
Michael Cavanaugh, currently serves as Chief Investment Officer of Tower 1 Partnership, LLC, an investment firm focused on private
and public investments in a variety of industries, as Managing Partner and Co-Founder of Atlas Resolution Partners LLC, an advisory
firm focused on resolving complex private capital fund issues, and as the manager of several non-affiliated investment partnerships,
pursuant to which he devotes a significant portion of his time. The commitments of our officers, directors and employees to these
other businesses may cause them to devote less time to the Company than would otherwise be the case.

 Cyber
incidents or attacks directed at us could result in information theft, data corruption, operational disruption and/or financial loss.

 We
depend on digital technologies, including information systems, infrastructure and cloud applications and services, including those of
third parties with which we may deal. Sophisticated and deliberate attacks on, or security breaches in, our systems or infrastructure,
or the systems or infrastructure of third parties or the cloud, could lead to corruption or misappropriation of our assets, proprietary
information and sensitive or confidential data. As an early-stage company without significant investments in data security protection,
we may not be sufficiently protected against such occurrences. We may not have sufficient resources to adequately protect against, or
to investigate and remediate any vulnerability to, cyber incidents. It is possible that any of these occurrences, or a combination of
them, could have adverse consequences on our business and lead to financial loss.

 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 regulatory landscape reducing the demand for, and incentives relating to, alternative energy developments, such as solar energy
 projects, 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 benefit from our land reclamation and water treatment services;

 risks
 related to planning and commencing new operations, including inaccurate assessment of the demand for alternative energy
 developments, such as solar projects, 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.

 Operating
costs, construction costs and costs of providing services may rise faster than revenue.

 Our
ability to increase the rates at which we provide our land reclamation, water treatment and related environmental services may be
limited by a variety of factors. However, our costs are subject to market conditions and other factors, and may increase
significantly. The second largest component of our operating costs is made up of salaries and wages. These costs are affected by the
local supply and demand for qualified labor. Other large components of our costs are general insurance, workers compensation
insurance, employee benefits and health insurance costs. These costs may increase disproportionately to our revenues and service
rate increases and may have a material adverse effect on our financial condition and results of operations.

 Our
suppliers may fail to deliver materials and parts according to schedules, prices, quality and volumes that are acceptable to us, or we
may be unable to manage these materials and parts effectively.

 The
equipment we use in our land reclamation and water treatment and reclamation business contains materials and parts purchased globally
from many suppliers which exposes us to potential component shortages or delays. Unexpected changes in business conditions, materials
pricing, labor issues, wars such as the current conflicts in Gaza and Ukraine, trade policies, natural disasters, health epidemics such
as the global COVID-19 pandemic, trade and shipping disruptions, port congestions and other factors beyond our or our suppliers'
control could also affect these suppliers' ability to deliver components to us or to remain solvent and operational. Additionally,
if our suppliers do not accurately forecast and effectively allocate production or if they are not willing to allocate sufficient production
to us, it may reduce our access to components and require us to search for new suppliers. The unavailability of any component or supplier
could result in delays in providing our services and products. Our suppliers may not be willing or able to sustainably meet our timelines
or our cost, quality and volume needs, or to do so may cost us more, which may require us to replace them with other sources. While we
believe that we will be able to secure additional or alternate sources for most of our necessary components or products, there is no
assurance that we will be able to do so quickly or at all or at prices that are financially feasible.

 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
face competition in our industry, and we may be unable to attract customers and maintain a viable business.

 There
can be no assurance that we will be able to successfully compete with our competitors. Our competitors may be able to offer similar services
which prove to be more popular with potential customers than our services. Our ability to grow and achieve profitability will depend
on our ability to satisfy our customers and withstand increasing competition by providing superior environmental services at reasonable
cost. There can be no assurance that we will be able to achieve or maintain a successful competitive position.

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

 Our
land reclamation and water treatment business 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 emerging contaminants might be found in water that we treat that may cause a number of illnesses. In applications where treated
water enters the human body, illness and death may result if contaminants or pathogens are not eliminated during the treatment process.
The potential impact of a contamination of water treated using our products, services or solutions is difficult to predict and could
lead to an increased risk of exposure to product liability claims, increased scrutiny by federal and state regulatory agencies and negative
publicity. Further, an outbreak of disease in any one of the markets we serve could result in a widespread loss of customers across such
markets.

 We
may incur liabilities to customers as a result of failure to meet performance guarantees, which could reduce our profitability.

 Our
customers may seek performance guarantees as to our services. Failure to meet specifications of our customers or our failure
to meet our performance guarantees may increase our costs by requiring us to provide additional resources and services, monetary reimbursement
to a customer or could otherwise result in liability to our customers. To the extent that we incur substantial performance guarantee
claims, our reputation, earnings and ability to obtain future business could be materially adversely affected.

 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.

we maintain general and product 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 performance of our services and on our financial condition
and results of operations.

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

 Our
land reclamation and water treatment business 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 business 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.

 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 business is 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 customers, 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.

 Regulators
also have the power to suspend or revoke permits or licenses needed for operation of our equipment and vehicles based on, among other
factors, our compliance record, and customers may decide not to do business with us because of concerns about our compliance record.
Suspension or revocation of permits or licenses would impact our land reclamation and water treatment business and could have a material
impact on our financial results. Although we have never had any of our operating permits revoked, suspended or non-renewed involuntarily,
it is possible that such an event could occur in the future.

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.

 Within
the coal mining remediation market, demand for our services will be limited to a specific customer base and highly correlated to the
coal mining industry. The coal mining industry's demand for our services is affected by a number of factors including
the volatile nature of the coal mining industry's business, increased use of alternative types of energy and technological developments
in the coal mining extraction process. A significant reduction in the target market's demand for coal mining would reduce the demand
for our services, which would have a material adverse effect upon our business, financial condition, results of operations
and cash flows.

 We
require a variety of permits to operate our business. If we are not successful in obtaining and/or maintaining those permits it will
adversely impact our operations.

 Our
land reclamation and water treatment business requires permits to operate. Our inability to obtain permits in a timely manner could result
in substantial delays to our business. The issuance of permits is dependent on the applicable government agencies and is beyond our control
and that of our customers. There can be no assurance that we and/or our customers will receive the permits necessary to operate, which
could substantially and adversely affect our operations and financial condition.

 Based
on the nature of our business, we currently depend and are likely to continue to depend on a limited number of customers for a significant
portion of our revenues.

 We
currently have one customer in West Virginia that accounts for all of our land reclamation and water treatment business.
The failure to obtain additional customers or the loss of all or a portion of the revenues attributable to any current or future customer
as a result of competition, creditworthiness, inability to negotiate extensions or replacement of contracts or otherwise could have a
material adverse effect on our business, financial condition, results of operations and cash flows.

 If
our customers do not enter into, extend or honor their contracts with us, our profitability could be adversely affected. Our ability to
receive payment for production depends on the continued solvency and creditworthiness of our customers and prospective customers. If
any of our customers' creditworthiness suffers, we may bear an increased risk with respect to payment defaults. If customers refuse
to make payments for which they have a contractual obligation, our revenues could be adversely affected.

 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. 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 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 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 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. In implementing its impact investing strategy,
management will seek to exclude businesses deemed to be fundamentally misaligned with the Company's sustainability principles.
In addition, as a result of the Company's engagement activities, the Company may make an investment in activities or companies
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
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 customer base may expose us to customers with different credit profiles than our current customers. 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 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
may not be able to successfully conclude the transactions or integrate the companies 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 companies involves a number of risks that could materially and adversely
affect our business, including:

 failure
 of the acquired companies to achieve the results we expect;

 inability
 to retain key personnel of the acquired companies;

 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 companies 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.

 Concentration
of customers, specific projects and regions may expose us to heightened financial exposure.

 The
success of our impact investing strategy may be heavily dependent on one or a limited number of customers. The financial performance
of those businesses depends on the ability of each customer to perform its respective obligations, possibly under a long-term agreement
between the parties. Our financial results could be materially and adversely affected if any of our customers fail to fulfill its contractual
obligations and we are unable to find other customers in the marketplace to purchase at the same level of profitability. We cannot be
assured that such performance failures by our customers 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 enter into replacement
agreements on favorable terms or at all.

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.

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 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 and 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 March 28, 2025, 108,616,078
shares were outstanding and 15,494,210 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.

of our executive officers, directors and stockholders own a significant percentage of our outstanding capital stock. As of March 28,
2025, our executive officers, directors, holders of 5% or more of our capital stock and their respective affiliates beneficially owned
approximately 47.1% 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
1B. Unresolved Staff Comments

 Not
applicable.

 Item
1C. Cybersecurity

 The
Company recognizes the critical importance of cybersecurity in safeguarding sensitive information, maintaining operational resilience,
and protecting stakeholders' interests.

 The
Company has established a cybersecurity policy (i) designed with a comprehensive framework for identifying, assessing, mitigating, and
responding to cybersecurity risks across the organization and (ii) which includes protocols to evaluate, recognize, and address significant
risks, including those posed by cybersecurity threats. This strategy encompasses the utilization of standard traffic monitoring tools,
educating personnel to identify and report abnormal activities, and partnering with reputable service providers capable of upholding
security standards equivalent to or exceeding our own in order to minimize exposure to unnecessary risks across our operations. For cybersecurity,
we collaborate with expert consultants and third-party service providers to provide industry-standard strategies aimed at identifying
and mitigating potential threats or vulnerabilities within our systems. Additionally, the policy strategy has a comprehensive cyber crisis
response plan to manage high severity security incidents, ensuring efficient coordination across the organization.

 There
have been no cybersecurity incidents which have materially affected us to date, including our business strategy, results of operations
or financial condition. However, any future potential risks from cybersecurity threats, including but not limited to exploitation of
vulnerabilities, ransomware, denial of service, supply chain attacks, or other similar threats may materially affect us, including our
execution of business strategy, reputation, results of operations and/or financial condition. See Item 1A. Risk Factors — "Cyber incidents or attacks directed at us could result in information theft,
data corruption, operational disruption and/or financial loss."

 The
Chief Executive Officer oversees our information security programs, including cybersecurity initiatives and cybersecurity incident response
process. The Audit Committee of the Board of Directors oversees cybersecurity risk management activities, supported by Company management,
the Board of Directors, and external consultants. We assess and prioritize risks based on potential impact, implement technical controls,
and monitor third-party vendors' security practices.

 Item
2. Properties

 Our
corporate headquarters is a leased office located at 200 Park Avenue, Suite 400, Cleveland, Ohio. The Range Reclamation Entities lease
an office in Fola, West Virginia. We believe our current facilities are adequate to support our corporate strategy over the next 12 months.

 Item
3. Legal Proceedings

 From
time to time, we may become involved in litigation that arises in the ordinary course of our business. Neither we nor any of our property
is currently subject to any proceedings the adverse outcome of which, individually or in the aggregate, would have a material adverse
effect on our financial position or results of operations.

 Item
4. Mine Safety Disclosures

 The
information concerning mine safety violations and other regulatory matters is filed as Exhibit 95 to this Form 10-K 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).

 PART
II

 Item
5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 Market
Information

 Our
common stock has been quoted through various over-the-counter quotation systems at various times since 2009. Our common stock currently
trades on the OTCQB Markets under the symbol "RNGE."

 The
following table sets forth the range of reported high and low closing bid quotations for our common stock for the fiscal quarters indicated
as reported by OTCQB Markets Group. Common stock price reflects inter-dealer quotations, does not include retail markups, markdowns or
commissions and does not necessarily represent actual transactions.

 High

 Low

 Fiscal Year Ended December 31, 2023

 First Quarter ended March 31, 2023

 $
 0.20

 $
 0.15

 Second Quarter ended June 30, 2023

 0.20

 0.15

 Third Quarter ended September 30, 2023

 0.20

 0.10

 Fourth Quarter ended December 31, 2023

 0.37

 0.12

 Fiscal Year Ended December 31, 2024

 First Quarter ended March 31, 2024

 $
 0.41

 $
 0.37

 Second Quarter ended June 30, 2024

 0.37

 0.36

 Third Quarter ended September 30, 2024

 0.32

 0.26

 Fourth Quarter ended December 31, 2024

 0.21

 0.18

 Transfer
Agent

 The
transfer agent and registrar for our common stock is Securities Transfer Corporation, 2901 North Dallas Parkway, Suite 380, Plano, Texas
75093.

 Holders
of Common Stock

 As
of March 28, 2025, there were 72 holders of record of our common stock.

 Dividends

 We
have never declared or paid any cash dividends or distributions on our common stock. We currently intend to retain our future earnings,
if any, to support operations and to finance expansion, and we do not anticipate paying any cash dividends on our common stock in the
foreseeable future.

 Equity
Compensation Plan Information

the year ended December 31, 2024, we issued options to purchase 250,000 shares of the Company's common stock under the Range Impact,
Inc. 2021 Stock Incentive Plan. Except as listed in the table below, as of December 31, 2024, we do not have any equity-based plans,
including individual compensation arrangements, which have not been approved by our stockholders.

 The
following table provides information as of December 31, 2024 with respect to our equity compensation plans:

 Equity
Compensation Plan Information

 Plan Category

 of
 securities
 to be
 issued
 upon
 exercise
 of
 outstanding
 options,
 warrants
 and
 rights

 Weighted-
 average
 exercise
 price
 of
 outstanding
 options,
 warrants
 and
 rights

 of
 securities
 remaining
 available
 for
 future
 issuance
 under
 equity
 compensation
 plans
 (excluding
 securities
 reflected
 in
 column
 (a))

 (a)

 (b)

 (c)

 Equity compensation
 plans approved by security holders

 $
 0.45

 3,900,000

 Total

 $
 0.45

 3,900,000

 Item
6. Selected Financial Data

 [Reserved].

 Item
7. Management's Discussion and Analysis of Financial Condition and Results of Operations

statements contained in this Annual Report are "forward-looking statements" within the meaning of Section 27A of the Securities
Act and Section 21E of the Exchange Act, and are subject to the "safe harbor" created by these sections. Future filings with
the SEC, future press releases and future oral or written statements made by us or with our approval, which are not statements of historical
fact, may also contain forward-looking statements. Because such statements include risks and uncertainties, many of which are beyond
our control, actual results may differ materially from those expressed or implied by such forward-looking statements. Some of the factors
that could cause actual results to differ materially from those expressed or implied by such forward-looking statements can be found
under the caption "Risk Factors" in Part I, Item 1A, and elsewhere in this Annual Report. The forward-looking statements
speak only as of the date on which they are made, and we undertake no obligation to update such statements to reflect events that occur
or circumstances that exist after the date on which they are made.

 The
following discussion should be read in conjunction with the financial statements and the accompanying notes for the periods ended December
31, 2024 and December 31, 2023 appearing elsewhere in this Annual Report. Our actual results could differ materially from those expressed
or implied in any forward-looking statements as a result of various factors, including those set forth under the caption "Risk
Factors" in Part I, Item 1A.

 Items
Affecting Comparability of Financial Results

the year ended December 31, 2023, the Company purchased Collins Building, as described in Note 2 to the Consolidated Financial
Statements. During the year ended December 31, 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, as described in more detail in Note 2.

the third quarter of 2024, the Company 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 in the Consolidated Statements of Operations, for all periods presented,
resulting in changes to the presentation of certain prior period amounts.

 Plan
of Operations

 We
are 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 own and operate several complementary operating businesses 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 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.

 Critical
Accounting Policies

 Preparation
of financial statements in conformity with U.S. generally accepted accounting principles requires management to make certain estimates
and assumptions which affect amounts reported in our consolidated financial statements. On an ongoing basis, we evaluate the accounting
policies and estimates that are used to prepare financial statements. Management has made their best estimates and judgments of certain
amounts included in the financial statements, giving due consideration to materiality. We do not believe that there is great likelihood
that materially different amounts would be reported under different conditions or using different assumptions related to the accounting
policies described below. However, application of these accounting policies involves the exercise of judgment and use of assumptions
as to future uncertainties and, as a result, actual results could differ from these estimates.

 Use
of Estimates and Assumptions

 The
preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual
results could differ from those estimates.

Combinations

combinations are 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.

 Bargain
purchases occur if the acquisition date amounts of the identifiable net assets acquired, excluding goodwill, exceed the sum of (1) the
value of consideration transferred, (2) the value of any noncontrolling interest in the acquiree, and (3) the fair value of any previously
held equity interest in the acquiree. ASC 805 requires the recognition of a gain for a bargain purchase. The FASB believes that
a bargain purchase represents an economic gain, which should be immediately recognized by the acquirer in earnings. When a bargain purchase
gain is recognized in a business combination, no goodwill is recognized.

 Goodwill

 As
referenced by ASC 350 "Intangibles- Goodwill and other" ("ASC 350"), management performs its annual test for
goodwill at least annually or more frequently, if impairment indicators arise. At December 31, 2024, it was determined that the goodwill
was fully impaired and resulted in a charge against earnings in the full amount of $751,421.

 Stock-Based

 The
Company periodically issues stock options and restricted stock awards to employees and non-employees in non-capital raising transactions
for services and for financing costs. 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.

 Revenue
Recognition

 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.

 The
Company recognizes revenue 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 within the near term.

 Income
Taxes

 In
accordance with ASC 740, "Income Taxes" ("ASC 740"), we account for income taxes under the asset and liability
method, whereby deferred tax assets and liabilities are determined based on temporary differences between the financial reporting and
the tax bases of assets and liabilities and are measured using the currently enacted tax rates. Specifically, we measure gross deferred
tax assets for deductible temporary differences and carryforwards, such as operating losses and tax credits, using the applicable enacted
tax rates and apply the more likely than not measurement criterion. Further, at each interim reporting period, we estimate an effective
income tax rate that is expected to be applicable for the full year. Significant judgment is involved regarding the application of income
tax laws and regulations and when projecting the jurisdictional mix of income. Additionally, interpretation of tax laws, court decisions
or other guidance provided by taxing authorities influences our estimate of the effective

 Recent
Accounting Pronouncements

 Please
refer to Footnote 1 of the accompanying financial statements for management's discussion of recent accounting pronouncements.

 Results
of Operations

 Years
Ended December 31, 2024 and December 31, 2023

 The
following table sets forth our results of operations for the years ended December 31, 2024 and 2023.

 Year
 Ended

 Year
 Ended

 Revenues

 $
 9,011,081

 $
 19,346,306

 Cost of services

 9,895,209

 13,111,497

 Gross profit/(loss)

 (884,128
)

 6,234,809

 Operating Expenses:

 General and administrative

 2,655,970

 4,021,556

 Total operating expenses

 2,655,970

 4,021,556

 Income (loss) from operations

 (3,540,098
)

 2,213,253

 Other Income/(Expense):

 Gain on bargain purchase

 -

 1,875,150

 Other income

 63,170

 -

 Goodwill impairment

 (751,421
)

 -

 Fixed asset impairment

 (738,913
)

 -

 Loss on sale of fixed assets

 (3,677,500
)

 -

 Interest expense

 (617,422
)

 (505,917
)

 Interest income

 7,405

 7,458

 Total other income (expense)

 (5,714,681
)

 1,376,691

 Income (loss) from continuing operations
before
 income tax

 (9,254,779
)

 Income tax expense attributable
 to continuing operations

 (77,368
)

 -

 Income (loss) from continuing

 (9,332,147
)

 Loss from discontinued

 (465,936
)

 (458,889
)

 $
 (9,798,083
)

 $

 The
Company's revenue during the year ended December 31, 2024 was $9,011,081 compared to $19,346,306 for the year ended December
31, 2023 (a decrease of $10,335,225). During the year ended December 31, 2024, the gross loss was $(884,128) compared to gross
profit of $6,234,809 during the year ended December 31, 2023 (a decrease of $7,118,937). The significant reduction in revenue is
attributable to a decrease in revenues at Range Natural of $8,230,685 in 2024 compared to 2023 due to reduced mining activity
resulting from the failure of the Company's mining subcontractor that reduced the amount of coal mined and sold during the
year and that Range Environmental had a large non-recurring project in 2023 that contributed $2,902,088 in
revenue.

the year ended December 31, 2024, we incurred general and administrative expenses in the aggregate amount of $2,655,970 compared to
$4,021,556 incurred during the year ended December 31, 2023 (a decrease of $1,365,586). General and administrative expenses
generally include corporate overhead, salaries and other compensation costs, financial and administrative contracted services,
consulting costs and travel expenses. The largest decreases related to (i) the general and administrative expenses incurred by our
Range Reclaim segment (not including Range Natural) of $1,072,984 during the year ended December 31, 2024, compared to $1,646,627
incurred during the year ended December 31, 2023 (a decrease of $573,643), which was due to the sale of Collins Building property
and equipment in 2024 and significantly decreased activity in the Range Reclaim segment during the year ended December 31, 2024; and
(ii) the general and administrative expenses recorded for the Corporate segment decreased $621,005 during the year ended December
31, 2024 compared to the year ended December 31, 2023, which was primarily due to a decrease of $321,070 in stock option
compensation, a $102,601 decrease in insurance and employee benefit costs, and a decrease of $94,676 in legal and accounting
fees.

the year ended December 31, 2024, we incurred research and development expenses of $465,936 compared to $458,889 incurred during the
year ended December 31, 2023 (an increase of $7,047). All of these expenses were incurred by the Company's (discontinued) Drug
Development business segment. The Company's research and development personnel expenses were $295,300 during the year ended
December 31, 2024, compared to $274,912 for the year ended December 31, 2023 (an increase of $20,388). These expenses are presented
as discontinued operations.

the year ended December 31, 2024, the Company recorded other expense of $(5,714,681), consisting of a loss on sale of assets of
$3,677,500 in connection with the disposition of the Collins Building assets, goodwill impairment of $751,421, fixed asset impairment of $738,913 and interest expense of $617,422, offset by other
income of $63,170 and interest income of $7,405, compared to other income of $1,376,691 during the year ended December 31, 2023,
consisting of a gain on bargain purchase of $1,875,150 and interest income of $7,458, offset by interest expense of $505,917 during
the year ended December 31, 2023 (a decrease of $7,091,372). $3,043,799 of the loss on sale of assets in the year ended December 31,
2024 was the same group of assets which recorded a $1,875,150 gain on bargain purchase in year ended December 31, 2023. Based on the
overall condition of the resale market for large scale equipment in 2024, the Company incurred larger-than-expected losses on
disposal of its equipment. These market conditions also contributed to management's assessment and impairment of a group of
assets that were held for sale as of December 31, 2024. Based on the past two years of accumulated losses, changes in customers and
workstreams coupled with issues hiring and retaining qualified operations management and crews at Range Environmental, management's analysis supports a full impairment of the goodwill that was associated with the 2022 purchase of Range
Environmental in the amount of $751,421.

 The
net loss during the year ended December 31, 2024 was $(9,798,083) compared to net income of $3,131,055 for the year ended December
31, 2023 (a worsening of $12,929,138). The decline in year over year net income is primarily due to the year over year decrease in
gross profit of $7,118,937 which was primarily derived from losses incurred in the operations of the Range Reclaim segment coupled
with the loss on sale of assets, goodwill impairment, and fixed asset impairment (combined $5,167,834).

 Liquidity
and Capital Resources

 As
of December 31, 2024, we had an accumulated deficit of $56,879,882.

 As
of December 31, 2024, we had total current assets of $4,293,046, primarily comprised of cash of $167,286, accounts receivable
of $3,209,070, and equipment held for sale of $733,613. As of December 31, 2024, we had total current liabilities of $3,543,609, primarily consisting of the current portion of
long-term debt in the amount of $789,719, accounts payable and accrued expenses of $753,890, and lines of credit of $2,000,000. As a result,
on December 31, 2024, the Company had working capital of $749,437. At December 31, 2023, the Company had working capital of $753,756.

 As
of December 31, 2024, the Company had long-term assets of $1,899,669, comprised of net equipment assets. As of December 31, 2024, the
Company had long-term liabilities of $1,814,701, comprised of long-term debt, net of current portion.

 Sources
of Capital

 Based
on the Company's current corporate strategy, its net operating losses for the 12 months following December 31, 2024 are
expected to be approximately $500,000, which is comprised of general operating expenses partially offset by revenue generated by the
Range Reclaim and Range Security business segments. Based on the Company's cash balance of $167,286, and its estimated net
operating losses of approximately $500,000 for the 12-month period ending December 31, 2025, the Company estimates that it may not
have sufficient funds to operate its business over the next 12 months. The Company is actively managing its working capital to
generate additional cash flow and is actively seeking additional financing to fund its currently estimated level of
operations.

 Our
estimated total expenditures for the 12-month period ending December 31, 2025 could increase 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.

 Since
inception, we have primarily funded our operations through equity and debt financings. Until such time as our operating businesses are
consistently 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, it may increase our leverage relative to our earnings or to
our equity capitalization, requiring us to pay additional interest expenses. Obtaining commercial loans, assuming those loans would be
available, 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, accounting fees, and other related costs.

 Net
Cash Provided By (Used in) Operating Activities

 For
the year ended December 31, 2024, net cash used in operating activities was $1,591,426 compared to net cash provided by operating
activities of $438,637 for the year ended December 31, 2023 (a decrease of $2,030,063). This decline was primarily attributable to
(i) our net loss of $9,798,083 for the year ended December 31, 2024 compared to a net profit of $3,131,055 for the year ended
December 31, 2023, (ii) a decrease in accounts receivable (including unbilled receivables) of $3,976,341, (iii) an increase in the
cash adjustment for asset disposals of $3,677,400, (iv) an increase in the cash adjustment for goodwill impairment of $751,421, (v)
an increase in the cash adjustment for equipment impairment of $738,913, and (vi) depreciation expense of $1,868,997 offset by a
decrease in accounts payable of $3,157,453. Net cash provided by operating
activities during the year ended December 31, 2023, consisted primarily of a net profit of $3,131,055, an increase in accounts
payable of $3,480,206 and depreciation of $1,781,573 offset by an increase in accounts receivable of $6,204,026 and stock-based
compensation of $386,530.

 Net
Cash Used in Investing Activities

 For
the year ended December 31, 2024, net cash provided by investing activities was $430,100, which consisted of $270,000 received from
sale of equipment, $160,000 in insurance policy proceeds from a casualty loss, and $100 received from the sale of the Graphium
subsidiary. For the year ended December 31, 2023, net cash used in investing activities was $7,162,811, which consisted primarily of
$4,035,250 of long-term debt issued and $1,000,000 paid for the Collins Building acquisition, $1,118,664 for equipment purchased
primarily by the Range Reclaim segment, and $1,008,897 for land purchases by the Range Land segment.

 Net
Cash Provided By Financing Activities

 For
the year ended December 31, 2024, net cash used in financing activities was $848,188 compared to net cash provided by financing
activities of $8,458,605 for the year ended December 31, 2023. Net cash used in financing activities for the year ended December 31,
2024 consisted of $1,848,188 of long-term equipment debt and bank credit line pay-downs offset by $1,000,000 received from the
issuance of common stock. Net cash provided by financing activities for the year ended December 31, 2023 consisted of $3,110,000
received from the issuance of common stock and warrants, proceeds of $4,035,250 from long-term debt issued for the Collins Building
acquisition and proceeds of $2,400,000 from lines of credit, offset by the repayment of long-term debt of $1,650,659.

 Off-Balance
Sheet Arrangements

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

 Item
7A. Quantitative and Qualitative Disclosures About Market Risk

 Not
applicable.

 Item
8. Financial Statements and Supplementary Data

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

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

 None.

 Item
9A. Controls and Procedures

 Evaluation
of Disclosure Controls and Procedures

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

 Management's
Annual Report on Internal Control over Financial Reporting

 Our
management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Exchange
Act Rule 13a-15. Internal control over financial reporting is defined in Rule 13a-15(f) and 15(d)-15(f) under the Exchange Act as a process
designed to provide reasonable assurance to the Company's management and Board of Directors regarding the preparation and fair
presentation of published financial statements. Management conducted an assessment of the Company's internal control over financial
reporting as of December 31, 2023 based on the framework and criteria established by the Committee of Sponsoring Organizations of the
Treadway Commission in Internal Control-Integrated Framework (COSO). Based on the assessment, management concluded that, as of December
31, 2024, the Company's internal controls over financial reporting were effective.

 Changes
in Internal Control over Financial Reporting

 There
are no changes in our internal control over financial reporting during the year ended December 31, 2024, that have materially affected,
or is reasonably likely to materially affect, our internal control over financial reporting.

 Item
9B. Other Information

 No ne.

 Item
9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

 Not
applicable.

 PART
III

 Item
10. Directors, Executive Officers and Corporate Governance

 Set
forth below is certain information regarding our current directors and executive officers:

 Name

 Position

 Age

 Director/Executive
 Officer Since

 Edward
 Feighan (2)(3)

 Chairman
 of the Board of Directors

 November
 2018

 Richard
 Celeste (1)(2)(3)

 January
 2019

 Michael
 Cavanaugh

 and Chief Executive Officer

 November
 2018 / May 2019

 Patricia
 Missal

 Chief
 Financial Officer

 April
 2024

 (1)
Member of Audit Committee

 (2)
Member of Compensation Committee

 (3)
Member of Nomination and Corporate Governance Committee

Experience

 The
following is a brief account of the education and business experience of our current directors and executive officers:

 Edward
Feighan, Chairman, is currently the Chairman and CEO of Covius LLC, a privately-held firm providing a range of services to the mortgage
securitization industry. Mr. Feighan has been an owner and Director of Continental Heritage Insurance Company, an early leader in the
cannabis insurance market which provides surety bonds and other insurance solutions to the emerging cannabis markets, for more than twenty
years. Previously, Mr. Feighan served as Chairman and CEO of ProCentury Insurance Corporation (NASDAQ: PROS) from its IPO in 2004 until
the sale of the company to another public insurance group in 2008. In 1996, Mr. Feighan was the founding CEO of Century Business Services
(NYSE: CBZ). Mr. Feighan held elective office in Cleveland, Ohio for twenty consecutive years from 1973 to 1993. After being elected
to three terms in the Ohio House of Representatives from 1973 to 1979, Mr. Feighan served a four-year term as a Cuyahoga County Commissioner
in the State of Ohio. Subsequently, Mr. Feighan served five terms as a Member of the United States House of Representatives from 1983
to 1993. During those ten years, Mr. Feighan served on the U.S. House Judiciary Committee and Foreign Affairs Committee. Mr. Feighan
earned his law degree from Cleveland State University in 1978. The Board believes Mr. Feighan's extensive operational and executive
experience with growth companies pursuing business combination transactions, as well as his fundraising and regulatory insight and public
service experience, provides the Company a critical voice and perspective as the Company continues to develop its business and grow its
operations.

 Richard
Celeste, Director, i s a consultant and Founding Chair and Member of the Board of the US Olympic Museum (Colorado Springs,
CO).,. In addition, Mr. Celeste serves on the Boards of Battelle for Kids (Columbus, OH), Global Communities (Silver Springs, MD),
Organic India USA (Boulder, CO), and Fabindia Ltd. (India). Mr. Celeste served as the Director of the Peace Corps from 1979-1981, as
Governor of Ohio from 1983 to 1991, and as the United States Ambassador to India from 1997 to 2001. Mr. Celeste also served as the President
of Colorado College from 2002-2011. The Board believes Mr. Celeste's fundraising and regulatory insight and public service experience
provides the Company a critical voice and perspective as the Company continues to develop its business and grow its operations.

 Michael
Cavanaugh, Chief Executive Officer and Director, is currently the Chief Investment Officer of Tower 1 Partnership, LLC, an investment
firm focused on private and public investments in a variety of industries, Managing Partner and Co-Founder of Atlas Resolution Partners LLC, an advisory
firm focused on resolving complex private capital fund issues, and manager of several affiliated investment partnerships.
In 2018, Mr. Cavanaugh was Managing Director and Chief Financial Officer of Kaulig Companies, a single-member family office with interests
in private equity, real estate and wealth management. From 2016 to 2018, Mr. Cavanaugh was Managing Director of Conway MacKenzie, a national
turnaround consulting firm, where he established and managed the firm's Cleveland, Ohio office and provided interim management
and restructuring services to distressed and underperforming businesses. From 2006 to 2009 and 2011 to 2015, Mr. Cavanaugh was an executive
with Resilience Capital Partners, a private equity firm focused on special situation control equity investments, where he served in several
capacities, including as a Partner and member of the firm's Investment Committee and as an officer and director of numerous portfolio
companies. Mr. Cavanaugh received a B.A. from Columbia University in 1996, an M.B.A. from the University of Michigan Business School
in 2003, and a J.D. from the University of Michigan Law School in 2003. The Board believes Mr. Cavanaugh's extensive executive
management experience and financial, legal and capital raising expertise is valuable to the Company as it continues to develop its
business and grow its operations.

 Patricia
Missal, Chief Financial Officer, joined the Company in January 2023 as Controller. She has previously served as Chief Financial Officer
of Lux Global Label Company, Thirty-One Gifts, LLC, and Aero Communications, Inc. Ms. Missal earned her MBA from Cleveland State University
and her undergraduate degree in Accountancy from Ashland University. She is a member of the AICPA and the Ohio Society of CPAs.

 Term
of Office

 In
accordance with our Bylaws, our directors are elected at each annual meeting of stockholders and serve until the next annual meeting
of stockholders or until their successor has been duly elected and qualified, or until their earlier death, resignation or removal.

Independence

 Pursuant
to its charter, the Nomination and Corporate Governance Committee reviews the independence of each director annually and makes recommendations
to the Board based on its findings. During these reviews, the Nomination and Corporate Governance Committee is to consider transactions
and relationships between each director (and his or her immediate family and affiliates) and the Company and our management in order
to determine whether any such transactions or relationships are inconsistent with a determination that the director was independent under
the independence standards established by the Board from time to time and under the applicable rules of any applicable stock exchange,
except to the extent permitted by such rules. While the Nomination and Corporate Governance Committee did not conduct its annual review
of director independence in 2024, the Board has determined that all of our directors are independent other than Mr. Cavanaugh, our Chief
Executive Officer. Accordingly, our Board of Directors is comprised of a majority of independent directors.

 Board
and Committee Meetings

 The
Board of Directors held six meetings during the year ended December 31, 2024. The directors also, on occasion, communicate informally
to discuss the affairs of the Company and, when appropriate, take formal action by written consent of all of the directors, in accordance
with our Certificate of Incorporation, Bylaws and Nevada law. Our Board has three standing committees: the Audit Committee, the Compensation
Committee and the Nomination and Corporate Governance Committee. Members of such committees met formally and informally from time to
time throughout the year ended December 31, 2024 on committee matters, with the Audit Committee holding four meetings, the Compensation
Committee holding one meeting, and the Nomination and Corporate Governance Committee holding no meetings. Each director attended, in
person or by telephone, 100% of the meetings of the Board and any committee of which he or she was a member.

 Attendance
at Annual Meeting

the Company does not have a policy with respect to attendance by members of the Board of Directors at its annual meeting of stockholders,
all directors are encouraged to attend.

 Committees

 General.
The Board of Directors has three standing committees: an Audit Committee, a Compensation Committee, and a Nomination and Corporate Governance
Committee.

 Audit
Committee. Mr. Celeste is currently the sole member of our Audit Committee. Our Board has determined that Mr. Celeste is independent
within the meaning of applicable SEC rules and qualifies as an audit committee financial expert, as such term is defined in Item 407(d)(5)(ii)
of SEC Regulation S-K. The Audit Committee has oversight responsibilities for, among other things: the preparation of our financial statements;
oversight of our financial reporting and disclosure processes; the administration, maintenance and review of our system of internal controls
regarding accounting compliance; the appointment of our independent registered public accounting firm and review of its qualifications
and independence; the review of reports, written statements and letters from our independent registered public accounting firm; and our
compliance with legal and regulatory requirements in connection with the foregoing.

Committee. The Compensation Committee currently consists of Messrs. Feighan and Celeste, with Mr. Feighan serving as Chairman.
Our Board has determined that Messrs. Feighan and Celeste meet the definition of a "non-employee director" under Rule 16b-3
under the Securities Exchange Act of 1934, as amended, the requirements of Section 162(m) of the Internal Revenue Code for "outside
directors." The duties of our Compensation Committee include, without limitation: reviewing, approving and administering our compensation
programs and arrangements to ensure that they are effective in attracting and retaining key employees and reinforcing business strategies
and objectives; determining the objectives of our executive officer compensation programs and the specific objectives relating to CEO
compensation, including evaluating the performance of the CEO in light of those objectives; approving the compensation of our other executive
officers and our directors; review and recommend for approval by the Board the frequency with which the Company should submit to the
stockholders an advisory vote on the compensation of the Company's named executive officers, taking into account any prior stockholder
advisory vote on the frequency with which the Company shall hold a stockholder advisory vote on compensation of the Company's named
executive officers; and administering our as-in-effect incentive-compensation and equity-based plans. In making its compensation decisions
and recommendations (other than with respect to the compensation of our Chief Executive Officer), the Compensation Committee takes into
account the recommendation of our Chief Executive Officer. Other than giving his recommendation, our Chief Executive Officer does not
participate in the Compensation Committee's decisions regarding his own compensation.

 Nomination
and Corporate Governance Committee. The Nomination and Corporate Governance Committee of our Board of Directors currently consists
of Messrs. Feighan and Celeste, with Mr. Feighan serving as Chairman. The responsibilities of the Nomination and Corporate Governance
Committee include, without limitation: assisting in the identification of nominees for election to our Board of Directors, consistent
with approved qualifications and criteria; determining the composition of the Board of Directors and its committees; recommending to
the Board of Directors the director nominees for the annual meeting of stockholders; establishing and monitoring a process of assessing
the effectiveness of the Board of Directors; developing and overseeing a set of corporate governance guidelines and procedures; and overseeing
the evaluation of our directors and executive officers. In considering potential new directors, the Committee may review individuals
from various disciplines and backgrounds. Among the qualifications to be considered in the selection of candidates are broad experience
in business, finance or administration; familiarity with the Company's industry; and prominence and reputation. Our Board of Directors
does not assign specific weights to particular criteria and no particular criterion is a prerequisite for each prospective nominee. Our
Board of Directors does not have a policy with regard to the consideration of diversity in identifying director candidates, but our Board
of Directors believes that the backgrounds and qualifications of its directors, considered as a whole, should provide a composite mix
of experience, knowledge, and abilities that will allow our Board of Directors to fulfill its responsibilities. The Board does not currently
use an independent search firm in identifying candidates for service on the Board.

 Board
Leadership Structure

 Mr.
Feighan serves as Chairman of the Board, a position he has held since November 2018. The Company has determined its current structure
to be most effective as the Chairman serves as a liaison between its directors and management and helps to maintain communication and
discussion among the Board and management, while allowing the CEO to focus on the execution of business strategy, growth and development.
The Chairman serves in a presiding capacity at Board meetings and has such other duties as are determined by the Board from time to time.

 The
Board's Role in Risk Oversight

 Our
Board oversees the Company's risk management efforts by reviewing information provided by management in order to oversee risk identification,
risk management, and risk mitigation strategies. Our Board committees assist the Board in overseeing our material risks by focusing on
risks related to the particular area of concentration of that committee. For example, our Compensation Committee oversees risks related
to our executive compensation plans and arrangements, our Audit Committee oversees the financial reporting, internal control and related-party
transaction risks, and our Nomination and Corporate Governance Committee oversees risks associated with the business conduct of the Company.
Each committee reports its discussions of the applicable relevant risks at such Board meetings as appropriate. The full Board of Directors
incorporates the insight provided by these reports into its overall risk management analysis.

 Communications
with Directors

 Stockholders
may communicate their concerns directly to the entire Board of Directors or specifically to non-management directors. Such communication
can be confidential or anonymous, if so designated, and may be submitted in writing to the following address:

 Board
of Directors

 Range
Impact, Inc.

 c/o
Michael Cavanaugh

Park Avenue, Suite 400

 Cleveland,
Ohio 44122

 All
communications received as described above will be opened by our Secretary for the sole purpose of determining whether the contents constitute
a communication to our directors. Any contents that are not in the nature of advertising, promotions of a product or service, or patently
offensive material will be forwarded promptly to the director or directors to whom it is addressed. In the case of communications to
our Board of Directors or to any group of directors, our Secretary will make sufficient copies of the contents to send to each addressee.

Committee Interlocks and Insider Participation

the year ended December 31, 2024, none of our executive officers or directors was a member of the board of directors of any other company
where the relationship would be construed to constitute an interlocking relationship (as described in Item 407(e)(iii) of SEC Regulation
S-K).

 Code
of Business Conduct and Ethics/Insider Trading Policy

 The
Company's Code of Business Conduct and Ethics applies to all of its employees, including its Chief Executive Officer and its Chief
Financial Officer. The Code of Business Conduct and Ethics and all Committee charters are posted on the Company's website at
In addition, the Company has adopted a Policy on Insider Trading and Confidentiality that applies to all officers, directors, employees,
contractors and consultants to the Company and its subsidiaries, prohibiting any of them, or members of their immediate family or household,
from, among other things, engaging in transactions in transactions involving a purchase or sale of the Company's securities while
in possession of Material Nonpublic Information (as defined in such Policy) until the public disclosure of such Material Nonpublic Information
or at such time as such nonpublic information is no longer material.

 Section
16(a) Beneficial Ownership Reporting Compliance

 Section
16(a) of the Exchange Act requires our directors and executive officers and persons who own more than 10% of a registered class of our
equity securities (the "Reporting Persons") to file with the SEC reports on Forms 3, 4 and 5 concerning their ownership of
and transactions in our common stock and other equity securities.

 Based
solely on a review of SEC filings and other procedures performed as deemed necessary, we believe that all Reporting Persons complied
with these requirements during the year ended December 31, 2024.

 Item
11. Executive Compensation

 The
following table summarizes all compensation recorded by us during the years ended December 31, 2024 and December 31, 2023, for (i) our
current principal executive officer and principal financial officer, and (ii) our next most highly compensated executive officer other
than our principal executive officer and principal financial officer serving as an executive officer at the end of our 2024 fiscal year
and whose total compensation exceeded $100,000 during the year ended December 31, 2024.

 Summary
Compensation Table

 Name

 Period

 Ending

 Salary
 ($)

 Awards

 (non-cash) (1)

 Total
 ($)

 Michael Cavanaugh, Chief Executive
 Officer (principal executive officer) (2)

 Year
 Ended 12/31/24

 236,000

 -

 236,000

 Year
 Ended 12/31/23

 236,000

 211,800

 447,800

 Patricia Missal, Chief Financial Officer (principal
 financial officer) (3)

 Year
 Ended 12/31/24

 267,750

 95,000

 362,750

 Year
 Ended 12/31/23

 156,750

 -

 156,750

 Richard McKilligan, Former Chief Financial
 Officer (former principal financial officer) (4)

 Year
 Ended 12/31/24

 45,000

 -

 45,000

 Year
 Ended 12/31/23

 180,000

 -

 180,000

 Dr. Brandon Zipp, Former Chief Science Officer
 (5)

 Year
 Ended 12/31/24

 45,000

 -

 45,000

 Year
 Ended 12/31/23

 180,000

 -

 180,000

 (1)
The method used and the assumptions made to calculate the fair value of option awards included in this table are described in Footnote
6 of the financial statements and the accompanying notes for the years ended December 31, 2024 and December 31, 2023 appearing elsewhere
in this Annual Report.

 (2)
Based on the fair value of an option to purchase 1,000,000 shares of common stock with an exercise price of $0.212 per share, granted
in December 2023.

 (3)
Ms. Missal was appointed to the CFO role on April 25, 2024. Previously she served as Controller. The value of the option award is based on the fair value of an option
to purchase 250,000 shares of common stock with an exercise price of $0.38 per share, granted in April 2024.

 (4)
Mr. McKilligan moved to serve as CFO of Graphium Biosciences effective April 25, 2024 and remained with that entity until it was spun
off in September 2024.

 (5)
Dr. Zipp moved to serve as Chief Science Officer of Graphium Biosciences effective April 25, 2024 and remained with that entity until
it was spun off in September 2024.

 Outstanding
Equity Awards at December 31, 2024

 Awards

 of securities underlying unexercised option

 Exercise

 Expiration

 Grant
 Date

 Exercisable

 Unexercisable

 Price
 ($)

 Date

 Michael Cavanaugh (1)

 5/8/2019

 500,000

 -

 0.35

 5/8/2029

 6/27/2019

 -

 0.30

 6/27/2029

 12/10/2021

 350,000

 -

 0.277

 12/10/2031

 11/30/2022

 750,000

 0.18

 11/30/2032

 12/21/2023

 1,000,000

 0.212

 12/21/2033

 Patricia Missal (2)

 4/25/2024

 125,000

 125,000

 0.38

 4/25/2034

 Richard McKilligan (3)

 7/18/2016

 370,234

 -

 0.50

 7/18/2026

 6/27/2019

 -

 0.30

 6/27/2029

 12/10/2021

 150,000

 -

 0.277

 12/10/2031

 11/30/2022

 0.18

 11/30/2032

 Brandon Zipp (4)

 7/18/2016

 370,234

 -

 0.50

 7/18/2026

 5/8/2019

 500,000

 -

 0.35

 5/8/2029

 12/10/2021

 150,000

 -

 0.277

 12/10/2031

 11/30/2022

 0.18

 11/30/2032

 (1)

 under the Company's Equity Incentive Plan, the awards consist of (i) an option to purchase
 500,000 shares of common stock, 250,000 of which became fully exercisable in May 2020 and
 250,000 of which became fully exercisable in May 2021, (ii) an option to purchase 250,000
 shares of common stock, 125,000 of which became fully exercisable in June 2020 and 125,000
 of which became fully exercisable in June 2021, (iii) an option to purchase 350,000 shares
 of common stock, all of which became fully exercisable in December 2021, (iv) an option to
 purchase 750,000 shares of common stock all of which became fully exercisable in November
 2022, and (v) an option to purchase 1,000,000 shares of common stock all of which became
 fully exercisable in December 2023.

 (2)

 under the Company's Equity Incentive Plan, the award consists of an option to purchase 250,000 shares of common stock, half
 which became fully exercisable in April 2024.

 (3)

 under the Company's Equity Incentive Plan, the awards consist of (i) an option to purchase 370,234 shares of common stock,
 all of which became fully exercisable in July 2018, (ii) an option to purchase 250,000 shares of common stock, 125,000 of which became
 fully exercisable in June 2020 and 125,000 of which became fully exercisable in June 2021, (iii) an option to purchase 150,000 shares
 of common stock, all of which became fully exercisable in December 2021, and (iv) an option to purchase 250,000 shares of common
 stock, all of which became fully exercisable in November 2022.

 (4)

 under the Company's Equity Incentive Plan, the awards consist of (i) an option to purchase 370,234 shares of common stock,
 all of which were became fully exercisable in July 2018, (ii) an option to purchase 500,000 shares of common stock, 250,000 of which
 became fully exercisable in May 2020, and 250,000 of which became fully exercisable in May 2021, (iii) an option to purchase 150,000
 shares of common stock, all of which became fully exercisable in December 2021, and (iv) an option to purchase 250,000 shares of
 common stock, all of which became fully exercisable in November 2022.

of Directors

 Directors
receive a combination of cash and equity awards as compensation for their service. There are no additional fees paid for meetings attended
although our directors are entitled to reimbursement for reasonable travel and other out-of-pocket expenses incurred in connection with
attendance at meetings of our Board of Directors and committees.

Compensation Table

 The
following table shows compensation paid to our non-employee directors during the year ended December 31, 2024:

 Name

 Fees
 earned
 or
 paid in
 cash

 awards

 (non-cash) (1)

 All
 other
 compensation

 Total

 Richard Celeste (1)

 $
 36,000

 $
 -

 $
 -

 $
 36,000

 Edward Feighan (1)

 $
 136,000

 $
 -

 -

 $
 136,000

 (1)

 As
 of December 31, 2024, the aggregate number of stock and option awards held by each of our non-employee directors was as follows:
 (i) Mr. Celeste held an option award to purchase 500,000 shares of our common stock with an exercise price of $0.35 per share, an
 option to purchase 250,000 shares of our common stock with an exercise price of $0.277 per share, an option to purchase 250,000 shares
 of our common stock with an exercise price of $0.18 per share, and an option to purchase 250,000 shares of our common stock with
 an exercise price of $0.18 per share, all of which are fully vested, and (ii) Mr. Feighan held an option award to purchase 500,000
 shares of our common stock with an exercise price of $0.35 per share, an option to purchase 250,000 shares of our common stock with
 an exercise price of $0.30 per share, and an option to purchase 250,000 shares of our common stock with an exercise price of $0.277
 per share, an option to purchase 250,000 shares of our common stock with an exercise price of $0.18 per share, and an option to purchase
 250,000 shares of our common stock with an exercise price of $0.212 per share, all of which are fully vested. The method used and
 the assumptions made to calculate the fair value of the options are described in Footnote 6 of the financial statements and the accompanying
 notes for the years ended December 31, 2024 and December 31, 2023 appearing elsewhere in this Annual Report.

 Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 The
following table sets forth certain information regarding the beneficial ownership of our common stock by (i) each person who, to our
knowledge, beneficially owns more than 5% of our common stock, (ii) each of our directors and named executive officers, and (iii) all
of our current executive officers and directors as a group. Unless otherwise indicated in the footnotes to the following table, the address
of each person named in the table is: c/o Range Impact, Inc., 200 Park Avenue, Suite 400, Cleveland, Ohio 44122. Shares of our common
stock subject to options, warrants or other rights currently exercisable or exercisable within 60 days after December 31, 2024, are deemed
to be beneficially owned and outstanding for computing the share ownership and percentage of the person holding such options, warrants,
convertible notes or other rights, but are not deemed outstanding for computing the beneficial ownership percentage of any other person.

 Name of Beneficial
 Owner

 of
 Shares
 Beneficially

 Owned

 Percentage
 Beneficially
 Owned
 (1)

 Directors and Named Executive Officers:

 Edward Feighan (2)

 5,250,917

 4.8

 Michael Cavanaugh (3)

 4,729,791

 4.4

 Richard Celeste (4)

 1,250,000

 1.2

 Patricia Missal (5)

 125,000

 0.1

 All Directors and Executive Officers as a Group
 (4 persons)

 11,355,708

 10.6

 Joseph E. LoConti (6)

 24,189,456

 22.3

 Indemnity National Insurance Company (7)

 21,333,333

 19.6

 (1)

 Based
 on 108,616,078 shares of our common stock issued and outstanding as of March 30, 2025. Beneficial ownership is determined in accordance
 with the rules of the SEC and generally includes voting or investment power with respect to securities.

 (2)

 Includes
 (i) 3,065,689 shares of the Company's common stock held directly by Mr. Feighan, (ii) currently exercisable options to purchase
 1,500,000 shares of common stock, and (iii) 685,228 shares of the Company's common stock held by The Feighan Family Fund, LLC
 (the "Feighan Fund"), an entity beneficially owned by Mr. Feighan.

 (3)

 Consists
 of (i) 1,879,791 shares of common stock and (ii) currently exercisable options to purchase 2,850,000 shares of common stock.

 (4)

 Represents
 currently exercisable options to purchase 1,250,000 shares of common stock.

 (5)

 Consists of currently exercisable
options to purchase 125,000 shares of common stock.

 (6)

 This
 information is based solely on the Form 4 filed on Mr. LoConti on January 23, 2025. Mr. LoConti's address is 200 Park Avenue,
 Suite 400, Orange Village, Ohio 44122.

 (7)

 This
 information is based solely on the Schedule 13G filed by Indemnity National Insurance Company on November 7, 2023. Indemnity National
 Insurance Company's address is 238 Bedford Way, Franklin, Tennessee 37064.

 Item
13. Certain Relationships and Related Transactions, and Director Independence

 Transactions
with Related Persons

the year ended December 31, 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 Placer's shares expires September 30, 2034.

 On January 21, 2025, the Company
entered into a securities purchase agreement with Tower IV, LLC, an Ohio limited liability company ("Tower IV"), providing
for the issuance and sale by the Company to Tower IV of an aggregate of 3,333,333 shares of the Company's common stock (the "Shares")
at a price of $0.15 per share. The aggregate gross proceeds from the sale of the Shares are approximately $500,000. Mr. Joseph E. LoConti
is the beneficial owner of Tower IV.

the year ended December 31, 2023, and through the filing of this Annual Report, except for the Graphium sale and investment by Tower
IV, LLC listed above, there have been no transactions, and there are no currently proposed transactions, in which we were or are to
be a participant and the amount involved exceeds the lesser of $120,000 or one percent of the average of our total assets at
year-end for the last two completed fiscal years and in which any related person had or will have a direct or indirect material
interest.

Independence

 Our
Board of Directors has determined that Messrs. Feighan and Celeste would qualify as "independent" as that term is defined
by Nasdaq Listing Rule 5605(a)(2). Mr. Cavanaugh would not qualify as "independent" because he currently serves as our Chief
Executive Officer.

 Item
14. Principal Accounting Fees and Services

 Independent
Registered Public Accounting Firm's Fee Summary

 The
following table provides information regarding the fees billed to us by Meaden & Moore, Ltd., our independent registered public accounting
firms, for services rendered in the years ended December 31, 2024 and 2023. All fees described below were approved by our
Board of Directors:

 For
 the year ended

 For
 the year ended

 Audit
 Fees

 $

 124,935

 $

 183,350

 Tax
 Fees

 33,000

 32,800

 All
 Other Fees

 41,685

 -

 Total
 Fees

 $

 199,620

 $

 216,150

 Audit
Fees. The fees identified under this caption were for professional services rendered by Meaden & Moore, Ltd. for the audit of
our annual financial statements. The fees identified under this caption also include fees for professional services rendered by Meaden
& Moore, Ltd. for the review of the financial statements included in our quarterly reports on Forms 10-Q. In addition, the amounts
include fees for services that are normally provided by the auditor in connection with regulatory filings and engagements for the years
identified.

 Tax
Fees. Tax fees consist principally of assistance related to tax compliance and reporting.

 All
Other Fees. These fees consist primarily of accounting consultation fees related to potential collaborative agreements. We incurred
no such fees during the year ended December 31, 2023.

 Pre-Approval
Policies and Procedures

 Our
Audit Committee's charter requires our Audit Committee to pre-approve all audit and permissible non-audit services to be performed
for the Company by our independent registered public accounting firm, giving effect to the "de minimis" exception for ratification
of certain non-audit services allowed by the applicable rules of the SEC, in order to assure that the provision of such services does
not impair the auditor's independence. Since the establishment of our Audit Committee on August 24, 2012, the Audit Committee approved
in advance all services provided by our independent registered public accounting firm. All engagements of our independent registered
public accounting firm for 2012 entered into prior to the establishment of the Audit Committee were pre-approved by the Board of Directors.

 PART
IV

 Item
15. Exhibits, Financial Statement Schedules

 (a)

 (1)

 The
 financial statements filed as a part of this Annual Report are as follows:

 Report of Independent Registered Public Accounting Firm (PCAOB ID 314)

 Consolidated Balance Sheets as of December 31, 2024 and 2023

 Consolidated Statements of Operations for the years ended December 31, 2024 and 2023

 Consolidated Statements of Stockholders' Equity for the years ended December 31, 2024 and 2023

 Consolidated Statements of Cash Flows for the years ended December 31, 2024 and 2023

 Notes to Consolidated Financial Statements

 (2)

 Schedules
 are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto.

 (3)

 The
 exhibits filed with this Annual Report are set forth in the Exhibit Index included at the end of this Annual Report, which is incorporated
 herein by reference.

 Item
16. Form 10-K Summary

 None.

 Signatures

 Pursuant
to the requirements of Section 13 or 15(d) 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

 Date:
 March 28, 2025

 By:

 /s/
 Michael Cavanaugh

 Michael
 Cavanaugh

 Chief
 Executive Officer

 (Principal
 Executive Officer)

 KNOW
ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Michael Cavanaugh as his or her
true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, for him or her and in his or her
name, place and stead, in any and all capacities, to sign any and all amendments to this report and to file the same, with all exhibits
thereto and all documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and
agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises,
as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that such attorney-in-fact
and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 Pursuant
to the requirements of the Securities Exchange Act of 1934, this report is signed below by the following persons on behalf of the Registrant
and in the capacities and on the dates indicated.

 SIGNATURE

 TITLE

 DATE

 /s/
 Michael Cavanaugh

 Chief
 Executive Officer and Director

 March
 28, 2025

 Michael
 Cavanaugh

 (Principal
 Executive Officer)

 /s/
 Edward Feighan

 March
 28, 2025

 Edward
 Feighan

 /s/
 Richard Celeste

 March
 28, 2025

 Richard
 Celeste

 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.)

 3.1.5

 Articles
 of Merger, dated as of September 30, 2021, (Incorporated by reference to Exhibit 2.1.1 to the registrant's Current Report on
 Form 8-K filed with the SEC on October 12, 2021.)

 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.)

 10.10

 Form
 of Common Stock Purchase Warrant (Incorporated by reference to Exhibit 10.10 to the registrant's Registration Statement on
 Form S-1 filed with the SEC on August 31, 2021 (File No. 333-259010).

 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*

 Second Amended and Restated Revolving Promissory Note, dated as of December 20, 2024, made by the Company, in favor of Independence Bank in the amount of $1,000,000

 10.13*

 Second Amended and Restated Revolving Promissory Note, dated as December 20, 2024, made by Range Environmental Resources, Inc. and Range Natural Resources, Inc., in favor of Independence Bank in the amount of $1,000,000.

 10.14

 Securities Purchase Agreement, dated as of January 21, 2025, between the Company and Tower IV, LLC (Incorporated by reference to Exhibit 10.1 to the registrant's Form 8-K filed with the SEC on January 23, 2025.)

 10.15

 Stock Purchase Agreement between the Company and Placer Biosciences Inc., dated as of September 30, 2024 (Incorporated by reference to Exhibit 10.1 to the registrant's Form 8-K filed with the SEC on October 2, 2024.)

 10.16

 Asset Purchase Agreement by and among Haney's Equipment, LLC, Collins Reclamation, LLC, R L Collins, LLC, Braxton Materials, LLC and Collins Building & Contracting, Inc., dated as August 22, 2024 (Incorporated by reference to Exhibit 10.1 to the registrant's Form 8-K filed with the SEC on August 29, 2024.)

 10.17

 Securities Purchase Agreement between the Company and Continental Heritage Holding Company, LLC, dated as of June 17, 2024 (Incorporated by reference to Exhibit 10.1 to the registrant's Form 8-K filed with the SEC on June 20, 2024.)

 19*

 Policy on Insider Trading and Confidentiality

 21.1*

 Subsidiaries

 23.1*

 Consent of Meaden & Moore, Ltd.

 23.3*

 Power of Attorney (included on the signature page to this Annual Report.)

 31.1*

 Certification of Principal Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities and Exchange Act of 1934

 31.2*

 Certification of Principal Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities and Exchange Act of 1934

 32.1*

 Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 32.2*

 Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 95*

 Mine Safety Disclosures

 101.INS*

 101.SCH*

 101.CAL*

 101.DEF*

 101.LAB*

 101.PRE*

 *

 Filed
 herewith

 #

 Management
 contract or compensatory plan or arrangement.

 Financial
Statements

 Page

 Report of Independent Registered Public Accounting Firm (PCAOB ID 314)

 Consolidated Balance Sheets as of December 31, 2024 and 2023

 Consolidated Statements of Operations for the years ended December 31, 2024 and 2023

 Consolidated Statements of Stockholders' Equity for the years ended December 31, 2024 and 2023

 Consolidated Statements of Cash Flows for the years ended December 31, 2024 and 2023

 Notes to Consolidated Financial Statements

 F- 1

 Report
of Independent Registered Public Accounting Firm

 To
the Stockholders and Board of Directors of

 Range
Impact, Inc.

 Opinion
on the Financial Statements

 We
have audited the accompanying consolidated balance sheets of Range Impact, Inc. (the "Company") as of December 31,
2024 and 2023, and the related consolidated statements of operations, stockholders' equity, and cash flows for the years then ended,
and the related notes and schedules (collectively referred to as the "consolidated financial statements"). In our opinion,
the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December
31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles
generally accepted in the United States of America.

 Emphasis
of Matter – Going Concern

 The
accompanying consolidated financial statements have been prepared assuming that the entity will continue as a going concern. As discussed
in Note 1 to the financial statements, the entity has suffered recurring losses from operations that raise substantial doubt about its
ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 1. The financial statements
do not include any adjustments that might result from the outcome of this uncertainty.

 Basis
for Opinion

 These
consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion
on these consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting
Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with
the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 We
conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud.
The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part
of our audit, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing
an opinion on the effectiveness of the entity's internal control over financial reporting. Accordingly, we express no such opinion.

 Our
audit included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due
to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence
regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles
used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that our audits provide a reasonable basis for our opinion.

 Critical
Audit Matters

 Critical
audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be
communicated to the Audit Committee and that: 1) related to accounts or disclosures that are material to the consolidated financial statements
and 2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

 /s/
Meaden & Moore, Ltd.

 MEADEN
& MOORE, LTD.

 We
have served as the Company's auditor since 2021.

 Cleveland,
Ohio

 March
28, 2025

 F- 2

 RANGE

 CONSOLIDATED
BALANCE SHEETS

 2024

 2023

 Current

 Cash and cash equivalents

 $
 167,286

 $
 2,176,581

 Accounts receivable

 3,209,070

 7,185,411

 Contract assets

 154,354

 247,310

 Prepaid expenses

 28,723

 115,324

 Equipment held for sale

 733,613

 -

 Current assets of discontinued

 -

 Total current assets

 4,293,046

 9,724,845

 Long-term

 Property and equipment, net of accumulated
 depreciation

 1,899,669

 13,301,902

 Goodwill

 -

 Deposits

 -

 1,442

 Long term assets of discontinued

 -

 8,534

 Total
 long-term assets

 1,899,669

 14,063,299

 Total

 $
 6,192,715

 $
 23,788,144

 Liabilities
 and Stockholders' Equity

 Current
 Liabilities

 Line of credit

 $
 2,000,000

 $
 2,400,000

 Current portion of long-term debt

 789,719

 2,755,792

 Accounts payable

 556,562

 3,714,014

 Accrued expenses

 197,328

 101,283

 Total current liabilities

 3,543,609

 8,971,089

 Long-term
 Liabilities

 Long-term debt, net of
 current portion

 1,814,701

 5,250,027

 Total
 long-term debt

 1,814,701

 5,250,027

 Total liabilities

 5,358,310

 14,221,116

 Stockholders'
 Equity

 Common stock, par value $ 0.001 per share; 1,000,000,000
 shares authorized; 104,727,189 and 101,023,485 shares issued and outstanding, respectively

 104,727

 101,023

 Additional paid-in-capital

 57,609,560

 56,547,804

 Accumulated deficit

 ( 56,879,882
)

 ( 47,081,799
)

 Total stockholders'
 equity

 834,405

 9,567,028

 Total
 Liabilities and Stockholders' Equity

 $
 6,192,715

 $
 23,788,144

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

 F- 3

 RANGE

 CONSOLIDATED
STATEMENTS OF OPERATIONS

 Year
 Ended

 Year
 Ended

 Revenues

 $
 9,011,081

 $
 19,346,306

 Cost of services

 9,895,209

 13,111,497

 Gross profit/(loss)

 ( 884,128
)

 6,234,809

 Operating Expenses:

 General and administrative

 2,655,970

 4,021,556

 Total operating expenses

 2,655,970

 4,021,556

 Income (loss) from operations

 ( 3,540,098
)

 2,213,253

 Other Income:

 Gain on bargain purchase

 -

 1,875,150

 Other income

 63,170

 -

 Goodwill impairment

 ( 751,421
)

 -

 Fixed asset impairment

 ( 738,913
)

 -

 Loss on sale of fixed assets

 ( 3,677,500
)

 -

 Interest expense

 ( 617,422
)

 ( 505,917
)

 Interest income

 7,405

 7,458

 Total other income (expense)

 ( 5,714,681
)

 1,376,691

 Income (loss) from continuing operations
before
 income tax

 ( 9,254,779
)

 Income tax expense attributable
 to continuing operations

 ( 77,368
)

 -

 Income (loss) from continuing

 ( 9,332,147
)

 Loss from discontinued

 ( 465,936
)

 ( 458,889
)

 $
)

 $

 Net
 income (loss) per share – basic and diluted

 $

 ( 0.09)

 $

 0.03

 average number of common shares outstanding – basic and diluted

 104,727,189

 83,129,637

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

 F- 4

 RANGE

 CONSOLIDATED
STATEMENTS OF STOCKHOLDERS' EQUITY

 Additional

 Common
 Stock

 Paid-in-

 Accumulated

 Shares

 Amount

 Capital

 Deficit

 Total

 Balance,
 December 31, 2022

 78,116,814

 $
 78,117

 $
 53,074,180

 $
 ( 50,212,854
)

 $
 2,939,443

 Shares and warrants issued for cash

 20,733,337

 20,733

 3,089,267

 -

 3,110,000

 Shares issued in exchange for warrants

 2,173,334

 2,173

 ( 2,173
)

 -

 -

 Stock based compensation

 386,530

 -

 386,530

 Net income

 -

 -

 -

 Balance, 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 and warrants issued for cash

 3,703,704

 3,704

 996,296

 -

 1,000,000

 Stock based compensation

 -

 -

 65,460

 -

 65,460

 Net loss

 -

 -

 -

)

)

 -

 -

 -

)

)

 Balance, December 31,
 2024

 104,727,189

 $
 104,727

 $
 57,609,560

 $
 ( 56,879,882
)

 $
 834,405

 Balance

 104,727,189

 $
 104,727

 $
 57,609,560

 $
 ( 56,879,882
)

 $
 834,405

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

 F- 5

 RANGE

 CONSOLIDATED
STATEMENTS OF CASH FLOWS

 Year
 Ended

 Year
 Ended

 Cash flows from operating activities:

 $
)

 $

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

 Gain on bargain purchase

 -

 ( 1,875,150
)

 Net loss on asset disposals

 3,677,500

 -

 Gain on disposition of business

 ( 100
)

 -

 Fair value of vested stock options

 65,460

 386,530

 Goodwill impairment

 -

 Fixed asset impairment

 738,913

 -

 Depreciation

 1,868,997

 1,781,573

 Changes in operating assets and liabilities:

 Accounts receivable

 3,970,553

 ( 6,204,026
)

 Unbilled receivables

 5,788

 -

 Contract assets

 92,956

 ( 247,310
)

 Prepaid expenses and
 other current assets

 86,601

 ( 114,440
)

 Accounts payable

 ( 3,157,453
)

 3,480,206

 Accrued expenses

 96,045

 101,283

 Deposits

 1,442

 ( 1,084
)

 Deposits
 from discontinued operations

 8,534

 -

 Net cash provided by (used
 in) operating activities

 ( 1,591,426
)

 438,637

 Cash flows from investing activities:

 Equipment purchases

 -

 ( 1,118,664
)

 Cash paid in consideration for Collins Building
 acquisition

 -

 ( 1,000,000
)

 Long-term debt issued for Collins Building
 acquisition

 -

 ( 4,035,250
)

 Cash paid for acquisition of land

 -

 ( 1,008,897
)

 Net proceeds from sale of assets

 270,000

 -

 Net insurance proceeds from casualty loss

 160,000

 -

 Net proceeds from disposition
 of Graphium Biosciences

 -

 Net cash provided by/(used
 in) investing activities

 430,100

 ( 7,162,811
)

 Cash provided by financing activities:

 Issuance of shares for cash

 1,000,000

 3,110,000

 Proceeds from notes issued in acquisition of
 Collins Building

 -

 4,035,250

 Proceeds from long-term debt

 -

 564,014

 Repayment of long-term debt

 ( 1,448,188
)

 ( 1,650,659
)

 Proceeds from (repayment
 of) line of credit

 ( 400,000
)

 2,400,000

 Net cash provided by/
 (used in) financing activities

 ( 848,188
)

 8,458,605

 Net increase (decrease) in cash and cash equivalents

 ( 2,009,514
)

 1,734,431

 Cash and cash equivalents
 - beginning of period

 2,176,800

 442,369

 Cash and cash equivalents
 - end of period

 $
 167,286

 $
 2,176,800

 Supplemental disclosure of cash flow information:

 Cash paid during the period for:

 Interest

 $
 486,515

 $
 506,424

 Income taxes

 $
 77,368

 $
 -

 Supplemental schedule of non-cash investing
 and financing activities:

 Debt forgiveness related to asset surrender
 to CNH Capital

 $
 1,012,375

 $
 -

 Debt forgiveness related
 to Collins Building asset disposal

 $
 2,940,836

 $
 -

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

 F- 6

 RANGE

 NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS

 ENDED
DECEMBER 31, 2024 AND 2023

 1.
 BUSINESS OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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

 Originally
founded in 2007 as Legend Mining Inc., the Company began operations as a mineral extraction exploration business. In 2011, the Company
changed its name to Stevia First Corp. and pursued a new strategy 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 formed two wholly-owned operating subsidiaries: (i) Graphium
Biosciences, Inc., a Nevada corporation ("Graphium"), into which the Company contributed all of its drug development assets;
and (ii) Daedalus Ecosciences, Inc., a Nevada corporation ("Daedalus") which was formed to serve as a holding company for
the Company's future impact investing businesses.

 In
May 2022, the Company acquired Range Environmental Resources, Inc., a West Virginia corporation ("Range Environmental") and
Range Natural Resources, Inc., a West Virginia corporation ("Range Natural" and together with Range Environmental, the "Range
Reclamation Entities"). The Range Reclamation Entities provide land reclamation and water restoration services to mining and non-mining
customers throughout the Appalachian region with the goal of returning land to pre-mining conditions or repurposing the land for natural,
commercial, agricultural or recreational use. The Range Reclamation Entities' water restoration services seek to improve the water
quality in rivers, streams and discharges through novel and innovative treatment applications to help customers meet their various regulatory
standards and requirements. From May 2022 to June 2024, Range Natural engaged subcontractors who controlled and were responsible for
mining and selling coal to third-party customers incidental to the reclamation and repurposing of mine sites.

 In
August 2023, the Company acquired Collins Building & Contracting, Inc., a West Virginia corporation ("Collins Building"),
an environmental services business primarily focusing on the reclamation of abandoned mine land sites in West Virginia, as described
in more detail in Note 2.

 In
December 2023, the Company changed its name to Range Impact, Inc., and reorganized into five operating business segments: (i) Range Reclaim,
(ii) Range Water, (iii) Range Security, (iv) Range Land, and (v) Drug Development.

 In
January 2024, the Company added Range Minerals as a new operating business segment. Range Minerals was previously reported within the
Range Reclaim operating business segment. The Drug Development segment was also renamed Graphium Biosciences.

 In
August 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, as described in more detail in Note 2.

 In
September 2024, the Company sold Graphium and all of its drug development assets. The Company is no longer in the cannabinoid drug development
business, as described in more detail in Note 2.

 Going
Concern

 The
accompanying financial statements have been prepared on a going concern basis, 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 year
ended December 31, 2024, the Company incurred a net loss of $ 9,798,083 and used $ 1,591,426 of cash in the Company's operating 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 to continue as a going concern is dependent on the Company attaining and maintaining profitable operations in the future and/or
raising additional capital to meet its obligations and repay its liabilities arising from normal business operations when they come due.
The Company estimates, as of December 31, 2024, that it may not have sufficient funds to operate the business for 12 months given its
cash balance of $ 167,286 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 if
the Company 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.

 Basis
of Presentation

 The
accompanying consolidated 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 its wholly-owned subsidiaries: CLV Azurite Land LLC, Collins Building &
Contracting, Inc., Graphium Biosciences, Inc. (sold in September 2024 and included in discontinued operations in 2024
and retroactively for 2023), Range Environmental Resources, Inc., Range Land, LLC, Range Minerals, LLC, Range Natural Resources,
Inc., Range Reclaim, LLC, Range Security, LLC, Range Security Resources, LLC, Range Water, LLC, Terra Preta, LLC, Aether Credit
Ventures, Inc. (dissolved in November 2023), Pristine Stream Ventures, Inc. (dissolved in November 2023), and NextGen AgriTech, Inc.
(dissolved in November 2023), 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.

 Reclassifications

prior period amounts have been reclassified to conform with the current period's presentation.

 F- 7

 Use
of Estimates

 The
preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual
results could differ from those estimates.

 Discontinued
Operations

the third quarter of 2024, the Company 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.

 Refer
to Note 2 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.

Combinations

combinations are 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. 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
Recognition

 The
Company recognizes revenue under ASC 606, "Revenue from Contracts with Customers". The core principle of the ASC 606 revenue
recognition 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, 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.

 The
Company recognizes revenue on reclamation contracts over time as performance obligations are satisfied due to the continuous
transfer of control to the customer. The Company's contracts 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 incurred relative to total estimated contract costs determine, as a percentage, progress
toward contract completion. This percentage is applied to the transaction 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.

Estimates

 Due
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.

 The
Company recognizes adjustments in estimated profit on contracts under the cumulative catch-up method. Under this method, the impact of
the adjustment on profit recorded to date is recognized in the period the adjustment is identified. Revenue and profit in future periods
of contract performance is recognized using the adjusted estimate. If at any time the estimate of contract profitability indicates an
anticipated loss on the contract, a provision for the entire loss is recognized in the period it is identified.

 F- 8

 The
net effect of the changes in estimates of contract profits on current year closed jobs was to decrease "net income" by approximately
 ($ 279,970) for the 13 months ended December 31, 2024, which is included in net income in the statement of operations. The effect to "net
income" is based on that which would have been reported had the revised estimates been used as the basis of recognition of contract
profits in the preceding year.

Modifications

modifications can occur during the performance of the Company's contracts. Contracts are 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.

 Cost
and Expense Recognition

costs include all direct labor, materials, equipment mobilization, subcontractor, and equipment costs, and those indirect costs related
to contract performance, such as indirect labor, tools and supplies. Costs are recognized as incurred.

 The
Company recognizes a portion of its revenue 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.

 Revenue
earned over time compared to a point in time is as follows for the years ended December 31, 2024 and 2023.

OF REVENUE EARNED OVERTIME COMPARED TO A POINT IN TIME

 Year
 ended December 31, 2024

 Year
 ended December 31, 2023

 Earned over time

 $
 2,059,401

 $
 2,824,387

 Point in time

 6,951,680

 16,521,919

 Total revenue

 $
 9,011,081

 $
 19,346,306

 Cost
of Services

costs include all direct labor, materials, subcontractor, and equipment 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.

 Costs
incurred that 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).

 Cash
and Cash Equivalents

 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
System. The Company has never suffered a loss due to such excess balances.

 Accounts
Receivable

 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. Contract receivables were $ 154,354 as of December 31,
2024 and $ 247,310 as of December 31, 2023.

 F- 9

 The
Company recognizes an allowance for losses on accounts and contract receivables in an amount equal to the current expected credit losses.
The estimation of the allowance is based on an analysis of historical loss experience, current receivables aging and management's
assessment of current conditions and reasonable and supportable expectations of future conditions, as well as an assessment of specific
identifiable customer accounts considered at risk or uncollectible. Based on management's assessment, it has concluded that losses
on balances outstanding as of December 31, 2024 and 2023 will be immaterial and, therefore, no allowances were recorded for the years ended December 31, 2024
or 2023. No bad
debt expense was accrued in either of the years ended December 31, 2024 or 2023.

 Billing
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.

 Details
of contract assets arising from reclamation contracts in process as of December 31, 2024 and 2023 are as follows:

OF CONTRACT ASSETS

 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

 Costs incurred on contracts in
 progress

 $
 425,634

 Estimated earnings

 340,528

 Revenue earned on contracts in progress

 766,162

 Less:
 Billings to date

 ( 518,852
)

 Total contract assets

 $
 247,310

 Property
and Equipment

 Property
and equipment is carried at cost. Expenditures for maintenance 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.

OF PROPERTY AND EQUIPMENT

 Equipment

 $
 3,433,543

 $
 13,835,929

 Land

 1,008,897

 1,563,797

 Buildings

 -

 199,500

 Property and equipment, gross

 -

 199,500

 Accumulated depreciation

 ( 2,542,771
)

 ( 2,297,324
)

 Net book value

 1,899,669

 13,301,902

 Depreciation expense

 $
 1,868,997

 $
 1,781,573

 See
Note 2 for more details on the change in buildings, property and equipment.

 The
Company provides for depreciation of property and equipment using the straight-line method for both financial reporting and federal income
tax purposes over the estimated six -year useful lives of the equipment. All of the Company's buildings were acquired in the purchase
of Collins Building and are also being depreciated over an estimated six -year useful life due to their age at the date of acquisition.

 F- 10

 The
Company assesses the recoverability of its property and equipment by determining whether the depreciation of the assets over their remaining
lives can be recovered through projected future cash flows generated by the assets. There was a group of five assets identified for impairment.
See Equipment Held for Sale below.

 Land

 Land
is carried at cost. 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.

 Equipment
Held for Sale

 Following
the completion of specific 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 within six months of the filing date of this report. It is not yet known whether there will be a gain or loss
on the disposal, 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 Reclaim segment.

 Goodwill

 U.S.
GAAP requires that goodwill be tested for impairment annually and more frequently if events or changes in circumstances indicate that
it is more likely than not (i.e., a likelihood greater than 50%) that the reporting unit is impaired. During interim periods, ASC 350
requires companies to focus on those events and circumstances that affect the significant inputs used to determine the fair value of
the reporting unit to determine whether an interim quantitative impairment test is required.

 The
Company performed its annual impairment test for goodwill on December 31, 2024 which was the annual assessment date. The Company
first assessed certain qualitative factors to determine whether it is more likely than not that the fair value of the reporting unit
is less than its carrying amount, and whether it is therefore necessary to perform the
quantitative impairment test. At December 31, 2024, it was determined that a quantitative impairment test was required. The
Company performed a discounted cash flow analysis and determined the value of the goodwill had lapsed. As a result, the goodwill was
fully impaired and resulted in a charge against earnings in the full amount of $ 751,421.

 Income
Taxes

 The
Company follows the asset and liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities
are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their
respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates
is recognized as income (loss) in the period that includes the enactment date.

 Leases

 The
Company determines whether a contract is, or contains, a lease at inception. Right-of-use assets represent the Company's right
to use an underlying asset during the lease term, and 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 estimated present
value of unpaid lease payments over the lease term. The Company uses its incremental borrowing rate based on the information available
at lease commencement in determining the present value of unpaid lease payments. The Company had no lease commitments for longer than
one year as of December 31, 2024 or 2023. The laboratory space lease in Rocklin, California was renewed in March 2022 and ended on March
31, 2023. The space was leased on a month-to-month basis through September 2024.

 Stock-Based

 The
Company periodically issues stock options and restricted stock awards to employees and non-employees in non-capital raising transactions
for services. 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. The Company recognizes the fair value of stock-based compensation within its Consolidated Statements of Operations
with classification depending on the nature of the services rendered.

 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. The assumptions
used in the Black-Scholes-Merton Option Pricing model could materially affect compensation expense recorded in future periods.

 F- 11

 Basic
and Diluted Income (Loss) Per Share

 Basic
income (loss) per share is computed by dividing the net 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 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:

OF ANTI-DILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

 Options

 11,392,544

 Warrants

 3,166,667

 3,313,335

 Total

 14,760,877

 14,705,879

 Anti-dilutive loss per share

 14,760,877

 14,705,879

 Patents
and Patent Application Costs

the Company believes that its patents and underlying technology have continuing value, the amount of future benefits to be derived from
the patents is uncertain. Accordingly, patent costs are expensed as incurred.

 Research
and Development

 Research
and development costs consist primarily of fees paid to consultants and outside service providers, patent fees and costs, and other expenses
relating to the acquisition, design, development and testing of the Company's treatments and product candidates. Research and development
costs are expensed as incurred.

 Fair
Value of Financial Instruments

 FASB
ASC 825, "Financial Instruments" requires that the Company disclose estimated fair values of financial instruments. Financial
instruments held by the Company include, among others, accounts receivable, accounts payable, line of credit, 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.

 Fair
Value Measurements

 As
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. In determining fair value, the
Company 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 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.

 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

 A
financial instrument's categorization within the valuation hierarchy is based upon the lowest level of input that is significant
to the fair value measurement.

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

 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.

 Segments

 As
of December 31, 2024, the Company has five operating business segments: (i) Range Reclaim; (ii) Range Minerals; (iii) Range Water; (iv)
Range Security; and (v) Range Land. Previously, beginning in October 2021, the Company began operating under two segments: (A) the Drug
Development segment, which reported the operating results of the Company's broad portfolio of glycosylated cannabinoid prodrugs
operating under the name Graphium Biosciences, and (B) the Range Reclaim segment, which reported the operating results of our land reclamation,
water restoration and incidental coal mining services to customers throughout Appalachia. The Range Water, Range Security and Range Land
business segments began operations in 2023. Beginning in January 2024, Range Minerals, which was previously reported within the Range
Reclaim operating business segment, was separately reported as its own operating business segment focused on coal mining using subcontractors
and related reclamation activities, and the Drug Development segment was renamed Graphium Biosciences. 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.

 In
accordance with the "Segment Reporting" Topic of ASC 280, the Company's chief operating decision-maker has been identified
as the 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.

 F- 12

 Recent
Accounting Pronouncements

 In
November 2023, the FASB issued ASU 2023 - 07, "Segment Reporting (Topic 280): Improvements to Reportable Segment
Disclosures." This update requires public entities
to disclose significant segment expenses regularly provided to the Chief Operating Decision Maker (CODM) and to provide additional qualitative
and quantitative disclosures regarding how segments are managed. The Company adopted ASU 2023-07 as of December 31, 2024, in accordance
with the required adoption timeline for public entities. The adoption of this ASU did not materially impact its financial statement disclosures,
as the Company's existing segment reporting practices were already in alignment with the new requirements. The Company will continue
to evaluate its segment disclosures in future reporting periods to ensure compliance with evolving accounting guidance and disclosure
best practices.

 In
December 2023, the FASB issued ASU 2023 - 09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures."
This ASU enhances income tax disclosures by providing information to better assess how an entity's operations, related tax risks,
tax planning and operational opportunities affect its tax rate and prospects for future cash flows. This ASU requires additional disclosures
to the annual effective tax rate reconciliation including specific categories and further disaggregated reconciling items that meet the
quantitative threshold. Additionally, the ASU requires disclosures relating to income tax expense and payments made to federal, state,
local and foreign jurisdictions. This ASU is effective for fiscal years and interim periods beginning after December 15, 2024.
The Company continues to evaluate the impact of adopting this ASU.

 2.
 DISPOSALS AND DISCONTINUED OPERATIONS

 On
August 22, 2024, substantially all assets of Collins Building were sold to its previous owner in exchange for the cancellation of all
remaining debt owed to him by the Company 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 business and is still operating with active contracts and completion of work in progress. Only certain assets
were sold and debts forgiven.

 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 $.01 per share and cash proceeds of $ 100, with
the cash proceeds reflected within "Net proceeds from disposition of Graphium Biosciences" in the investing activities of
the Consolidated Statements of Cash Flows, and recognized a gain on sale of $ 100, included within "Loss from discontinued operations"
on the Consolidated Statements of Operations. The warrant to purchase Placer's shares expires September 30, 2034.

the quarter ended September 30, 2024, Range Environmental suffered a casualty loss on a piece of equipment. Insurance proceeds of $ 160,000
were received for this loss. In addition, several pieces of equipment no longer needed for current or foreseeable operations were sold
for net proceeds of $ 270,000. The proceeds from these transactions are shown within "Cash flows from investing activities"
and the losses from these transactions are shown within "Cash flows from operating activities" on the Consolidated Statements
of Cash Flows.

the quarter ended September 30, 2024, the biochar ovens owned by our wholly-owned subsidiary, Terra Preta, LLC, were dismantled since
they were no longer being used for small batch biochar production. The resulting loss of $ 12,365 is included within "Cash flows
from operating activities" on the Consolidated Statements of Cash Flows.

and Liabilities of Discontinued Operations

 As
previously described, assets and liabilities of discontinued operations are presented separately in the Consolidated Balance Sheets for
all periods presented. At December 31, 2024 and 2023, these balances consisted of current and long-term assets.

 The
following table presents a reconciliation of the carrying amounts of the major classes of these assets and liabilities to the current
and long-term assets and liabilities of discontinued operations as presented on the Company's Consolidated Balance Sheets:

OF DISCONTINUING OPERATIONS BALANCE SHEET AND INCOME STATEMENT

 Current

 Cash and cash
 equivalents

 $
 -

 $

 Current
 assets of discontinued operations

 $
 -

 $

 Long-term

 Long term assets of
 discontinued operations

 $
 -

 $
 8,534

 F- 13

 Loss
from Discontinued Operations

 Discontinued
operations for years ended December 31, 2024 and 2023 consists of results from Graphium Biosciences operations.

 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:

 2024

 2023

 Operating expenses:

 Research and
 development

 $
 465,936

 $
 458,889

 Total operating expenses

 465,936

 458,889

 Loss
 from discontinued operations

 $
 ( 465,936
)

 $
 ( 458,889
)

 3.
 ACQUISITION OF COLLINS BUILDING & CONTRACTING

 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 -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 two -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 is secured by
the acquired real property and quarry infrastructure, and the Second Promissory Note is secured by the acquired equipment.

 The
Company accounted for the transaction as a business combination in accordance ASC 805 "Business Combinations". The Company
has performed an allocation of the purchase price paid for the assets acquired and the liabilities assumed. The fair values of the assets
acquired 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.

OF BUSINESS ACQUISITION ALLOCATION OF PURCHASE PRICE

 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

 F- 14

 As
discussed in Note 2, on August 22, 2024, nearly all of the equipment, as well as the land and buildings acquired on August 31, 2023,
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.

 For
the year ended December 31, 2024, the Company recorded the revenue generated from reclamation services on abandoned mine land, which
was historically the core business of Collins Building, as revenue of Range Environmental. Collins Building contributed revenues of $ 2,833,068
and net income of $ 437,554 to the Company's consolidated revenues and net income for the year ended December 31, 2023.

 4.
 GOODWILL

 The
decrease in goodwill in the year ended December 31, 2024, was driven by the impairment of the Range Reclamation Entities goodwill
that was assessed at the time of its acquisition in 2022. See note 1 for further discussion.

 SCHEDULE OF GOODWILL

 Range Reclaim Segment:

 Beginning Balance

 $

 $

 Impairment

 ( 751,421
)

 -

 Ending Balance

 $
 -

 $

 5.
 EQUITY

 Issuance
of Common Stock and Warrants

 In
April 2023, the Company entered into securities purchase agreements providing for the issuance and sale by the Company of (i) 2,733,334
shares of the Company's common stock (the "April 2023 Shares") at a price of $ 0.15 per share and (ii) warrants to purchase
up to an additional 2,733,333 shares of the Company's common stock at a price of $ 0.60 per share (the "April 2023 Warrants").
The April 2023 Warrants expire on April 11, 2028. The aggregate proceeds to the Company from the sale of the April 2023 Shares and April
2023 Warrants were approximately $ 400,000.

 In
August 2023, the Company entered into a securities purchase agreement providing for the issuance and sale by the Company of 6,666,667
shares of the Company's common stock (the "August 2023 Shares") at a price of $ 0.15 per share. After deducting for
fees and expenses, the aggregate net proceeds from the sale of the August 2023 Shares were approximately $ 1,000,000.

 In
October 2023, the Company entered into warrant exchange agreements with certain holders of warrants to exchange warrants to purchase
a total of 21,733,334 shares of the Company's common stock for an aggregate of 2,173,334 shares of the Company's common stock.
The warrants that were exchanged were extinguished.

 F- 15

 In
December 2023, the Company entered into securities purchase agreements providing for the issuance and sale by the Company of 11,333,336
shares of the Company's common stock (the "December 2023 Shares") at a price of $ 0.15 per share. The aggregate proceeds
from the sale of the December 2023 Shares were approximately $ 1,700,000.

 In
June 2024, the Company entered into securities purchase agreement providing for the issuance and sale by the Company of 3,703,704 shares
of the Company's common stock (the "June 2024 Shares") at a price of $ 0.27 per share. The aggregate proceeds
from the sale of the June 2024 Shares were approximately $ 1,000,000.

 6.
 STOCK OPTIONS

 Stock
options issued during the year ended December 31, 2024

the year ended December 31, 2024, the Company granted to its Chief Financial Officer options to purchase an aggregate of 250,000
 shares of the Company's common stock with
exercise prices of $ 0.38
 per share that expire ten
years from the date of grant. Half of the options
granted vested upon grant and the other half vests in one
year. The fair value of each option award was
estimated on the date of grant using the Black-Scholes-Merton Option Pricing model based on the following assumptions: (i) a volatility
rate of 267.24 %,
(ii) a discount rate of 4.7 %,
(iii) zero
 expected dividend yield, and (iv) an expected
life of 5
years, which is the average of the term of the
options and their vesting periods. The total fair value of the option grants to Ms. Missal at its grant date
was approximately $ 95,000,
$ 47,500
 of which was allocated to general and administrative
expenses during the year ended December 31, 2024, and $ 47,500
 of which will be amortized one
year from the date of grant. As of December
31, 2024, there is approximately $ 65,500
 of unrecognized compensation cost that will be
recognized in 2025.

 Stock
options issued during the year ended December 31, 2023

the year ended December 31, 2023, the Company granted to directors, advisors, and employees options to purchase an aggregate of 2,050,000
shares of the Company's common stock with exercise prices of between $ 0.1337
and $ 0.212
per share that expire ten
years from the date of grant. One option granted for 300,000
shares vests over two
years, the other 1,750,000
options vested upon grant. The fair value of each option award was estimated on the date of grant using the Black-Scholes-Merton
Option Pricing model based on the following assumptions: (i) a volatility rate of between 269.66 %
and 277.5 %,
(ii) a discount rate of between 1.40 %
and 4.27 %,
(iii) zero
expected dividend yield, and (iv) an expected life of 5
years, which is the average of the term of the options and their vesting periods. The total fair value of the option grants to
directors, advisors, and employees at their grant dates was approximately $ 413,470,
$ 386,530
of which was allocated to general and administrative expenses during the year ended December 31, 2023, and $ 26,940
of which will be amortized over two
years from the date of grant. At December 31, 2023, $ 22,450
of the cost of the outstanding stock-based awards remained outstanding and will be amortized over the next two years.

 A
summary of the Company's stock option activity during the years ended December 31, 2024 and 2023 is as follows:

OF STOCK OPTION ACTIVITY

 of Underlying
 Shares

 Average
 Exercise
 Price

 Balance outstanding at December 31, 2022

 9,392,544

 $
 0.54

 2,050,000

 0.20

 Exercised

 -

 -

 Expired

 ( 50,000
)

 3.62

 Forfeited

 -

 -

 Balance outstanding at December 31, 2023

 11,392,544

 $
 0.47

 0.38

 Exercised

 -

 -

 Expired

 ( 48,334
)

 3.63

 Forfeited

 -

 -

 Balance outstanding at December 31, 2024

 $
 0.45

 Balance exercisable at December 31, 2024

 11,369,210

 $
 0.45

 At
December 31, 2024, the 11,594,210 outstanding stock options had aggregate intrinsic value of $ 99,130.

 F- 16

 A
summary of the Company's stock options outstanding as of December 31, 2024 is as follows:

OF STOCK OPTION OUTSTANDING

 of Options

 Average Exercise Price

 Average Grant- Date Stock Price

 Options Outstanding, December 31, 2024

 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

 $
 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

 3,334

 $
 3.50

 $
 3.50

 A
summary of the Company's stock options outstanding and exercisable as of December 31, 2023 is as follows:

OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE

 of Options

 Average Exercise Price

 Average Grant- Date Stock Price

 Options
 Outstanding, December 31, 2023

 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

 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

 33,334

 $
 3.10
 - 3.80

 $
 3.10
 - 3.80

 18,334

 $
 4.00
 - 4.70

 $
 4.00
 - 4.70

 11,392,544

 7.
 WARRANTS

 A
summary of warrants to purchase common stock issued during the years ended December 31, 2024 and 2023 is as follows:

OF WARRANTS ACTIVITY

 of Underlying
 Shares

 Average
 Exercise
 Price

 Balance outstanding at December 31, 2022

 22,313,335

 $
 0.61

 2,733,334

 0.60

 Exchanged for shares of common stock

 ( 21,733,334
)

 0.60

 Exercised

 -

 -

 Expired

 -

 -

 Balance outstanding and
 exercisable at December 31, 2023

 3,313,335

 $
 0.66

 -

 -

 Exercised

 -

 -

 Expired

 ( 146,668
)

 3.00

 Balance outstanding
 and exercisable at December 31, 2024

 3,166,667

 $
 0.56

 F- 17

 In
October 2023, the Company entered into warrant exchange agreements with certain holders of warrants to exchange warrants to purchase
a total of 21,733,334
 shares of the Company's common stock for
an aggregate of 2,173,334
 shares of the Company's common stock. At
December 31, 2024 and 2023, the outstanding stock warrants had no
 intrinsic value.

 8.
 LINE OF CREDIT

 In
November 2022, the Company secured a bank line of credit with a limit of $ 1,000,000. In November 2023, the Company 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 December 31, 2024 and 2023, the balance due under the line of credit was $ 1,000,000.

 In
June 2023, Range Environmental secured a bank loan with a limit of $ 1,000,000. In November 2023, the loan amount was increased to $ 1,400,000
pursuant to which 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 December 31, 2024,
the balance due under the loan was $ 1,000,000. As of December 31, 2023, the balance due under the loan was $ 1,400,000.

 9.
 LONG-TERM DEBT OBLIGATIONS

 Long-term
debt consists of debt on vehicles and equipment, which serves as the collateral.

 Interest
rates on the equipment financings range from 5.71 % to 7.2 % for 2024 and mature between 2025 through 2029.

 As
described in Note 2, in August 2024, the Collins Building debt was cancelled in exchange for the property and substantially all the equipment
acquired in the original transaction. The Collins Building debt consisted of a five -year 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 -year secured promissory
note with an original principal amount of $ 2,035,250, bearing interest at 8.25 % per annum (the "Second Promissory Note",
and, together with the First Promissory Note, the "Collins Promissory Notes"). 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. At December 31,
2023, the First Promissory Note had an outstanding balance of $ 1,887,395 and the Second Promissory Note had an outstanding balance of
$ 1,798,633.

 In
November 2024, certain equipment items no longer required by the Company were surrendered to the financing company which held liens on
the equipment in exchange for a release of debt. The result of this transaction was a reduction of the net equipment values on the balance
sheet and a reduction in the long-term debt of $ 1,012,375. The difference in the equipment value and the debt is captured in the statement
of operations and cash flow in the line item for the loss on sale of fixed assets.

 A
summary of payments due under the long-term debt as of December 31, 2024 by year is as follows:

OF MATURITIES OF LONG TERM DEBT

 Equipment
 Financing

 2025

 $
 789,719

 2026

 512,172

 2027

 503,314

 2028

 514,940

 2029

 284,275

 Total long-term debt

 $
 2,604,420

 F- 18

 10.
 INCOME TAXES

 The
Company had no federal income tax expense for the year ended December 31, 2024 and 2023 due to its history of operating losses. They
Company did have income and franchise taxes paid to the states of West Virginia and California for 2024. The following is a reconciliation
of the statutory federal income tax rate to the Company's effective tax rate:

 SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

 Year-Ended

 Year-Ended

 Federal statutory tax rate

 - 21
 %

 - 21
 %

 State tax rate, net of
 federal benefit

 - 7
 %

 - 7
 %

 Total federal and state tax rate

 - 28
 %

 - 28
 %

 Valuation allowance

 %

 %

 Effective tax rate

 -
 %

 -
 %

 Deferred
tax assets and liabilities consist of the following:

 SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

 Net deferred tax assets:

 Net operating
 loss carryforwards

 $
 5,358,900

 $
 4,718,000

 Stock-based compensation

 3,525,900

 3,506,000

 Goodwill

 -

 187,000

 Research credits

 -

 342,000

 Other Capitalized Costs

 -

 208,000

 Operating
 lease liability

 -

 -

 Gross deferred tax assets

 8,884,800

 8,961,000

 Less:
 valuation allowance

 ( 7,710,300
)

 ( 6,944,000
)

 Total
 deferred tax assets

 1,174,500

 2,017,000

 Deferred tax liabilities:

 Derivative income

 1,108,000

 1,108,000

 Fixed Assets

 66,500

 909,000

 Operating
 lease right-of-use asset

 -

 -

 Total deferred tax liabilities

 1,174,500

 2,017,000

 Net deferred income
 tax assets (liabilities)

 $
 -

 $
 -

 F- 19

 The
 provisions of ASC Topic 740, Accounting for Income Taxes, require an assessment of both positive
 and negative evidence when determining whether it is more likely than not that deferred tax
 assets are recoverable. For the years ended December 31, 2024 and 2023, based on all available
 objective evidence, including the existence of cumulative losses, the Company determined
 that it was more likely than not that the net deferred tax assets were not fully realizable.
 Accordingly, the Company established a full valuation allowance against its net deferred
 tax assets. The Company intends to maintain a full valuation allowance on net deferred tax
 assets until sufficient positive evidence exists to support reversal of the valuation allowance.
 During the year ended December 31, 2024 and the year ended December 31, 2023, the valuation allowance changed by $ 0.8 million and $ 2.2
million, respectively.

 At
December 31, 2024 and December 31, 2023, the Company had available federal and state net operating loss carryforwards
("NOLs") to reduce future taxable income. Due to restrictions imposed by Internal Revenue Code Section 382 regarding
substantial changes in ownership of companies with loss carryforwards, the utilization of the Company's NOLs may be limited as
a result of changes in stock ownership. For Federal purposes, after considering limitations under Section 382, the net operating
loss amounts available were approximately $ 19.2 million
and $ 16.9 million
as of December 31, 2024 and December 31, 2023, respectively. For state purposes, after considering limitations under Section 382,
the net operating loss amounts available were approximately $ 16.5 million
as of December 31, 2024 and $ 16.6 million as of December 31, 2023. NOLs incurred subsequent to the latest change in control are not
subject to the Section 382 limitation. The
Federal carryforwards generated prior to December 31, 2017 expire on various dates through 2037, and Federal carryforwards generated
after December 31, 2017 do not expire but are limited to 80% utilization in a given period.

 11.
 MAJOR CUSTOMER AND CONCENTRATION OF CREDIT RISK

 Sales
to the Company's two largest customers were 53 % and 23 %, respectively, of total sales for the year ended December 31, 2024, and
 70 % and 24 %, respectively, of total sales for the year ended December 31, 2023.

 Accounts
receivable from the same customers were 83 % and 17 %, respectively, of total accounts receivable and unbilled receivables as of December
31, 2024, and 70 % and 29 %, respectively, of total accounts receivable and unbilled receivables as of December 31, 2023.

 12.
 COMMITMENTS AND CONTINGENCIES

 From
time to time, the Company is involved in legal matters arising in the ordinary course of business. While 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.

 13.
 SEGMENT INFORMATION

 ASC
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 five reportable segments that are based on the following business units: (i) Range
Reclaim; (ii) Range Minerals; (iii) Range Water; (iv) Range Security; and (v) Range Land. As described in Note 2, the Company's
Graphium Biosciences segment was reported as discontinued operations during the third quarter of 2024. As such, 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 (i) economic characteristics, (ii) nature of products and services,
and (iii) procurement, manufacturing and distribution processes.

 F- 20

 The
five reportable segments that result from applying the aggregation criteria are as follows:

 Range
 Reclaim – land reclamation, water restoration, and land repurposing

 Range
 Minerals – subcontracted mining and reclamation activities

 Range
 Water – biochar product development and water solutions business

 Range
 Security – security services on mine land being reclaimed and repurposed for non-fossil fuel uses

 Range
 Land – mine land being acquired, reclaimed and repurposed for non-fossil fuel uses

 The
Company had no inter-segment sales for the periods presented.

 Summarized
financial information concerning the Company's reportable segments is shown as below:

OF FINANCIAL INFORMATION OF REPORTABLE SEGMENT

 By
Categories

 For
 the year ended December 31, 2024

 Range
 Reclaim

 Range
 Minerals

 Range
 Water

 Range
 Security

 Range
 Land

 Corporate

 Total

 Sales

 $
 4,676,643

 $
 3,416,081

 $
 -

 $
 918,357

 $
 -

 $
 -

 $
 9,011,081

 Cost of services

 6,832,406

 2,665,974

 -

 396,829

 -

 -

 9,895,209

 Gross profit (loss)

 ( 2,155,763
)

 750,107

 -

 521,528

 -

 -

 ( 884,128
)

 Operating income (loss)

 ( 3,228,747
)

 459,979

 ( 38,357
)

 432,352

 ( 28,341
)

 ( 1,136,984
)

 ( 3,540,098
)

 ( 7,970,303
)

 444,629

 ( 36,651
)

 432,352

 ( 28,341
)

 ( 2,173,833
)

 ( 9,332,147
)

 Total assets

 2,979,185

 1,714,210

 -

 483,279

 1,008,898

 7,143

 6,192,715

 Depreciation

 1,857,433

 -

 -

 11,564

 -

 -

 1,868,997

 Interest expense

 361,450

 -

 -

 -

 -

 255,972

 617,422

 Goodwill Impairment

 -

 -

 -

 -

 -

 Capital expenditures for long-lived assets

 $
 -

 $
 -

 $
 -

 $
 -

 $
 -

 $
 -

 $
 -

 For
 the year ended December 31, 2023

 Range
 Reclaim

 Range
 Water

 Range
 Security

 Range
 Land

 Corporate

 Total

 Sales

 $
 18,662,111

 $
 -

 $
 684,195

 $
 -

 $
 -

 $
 19,346,306

 Cost of services

 12,808,990

 -

 302,507

 -

 -

 13,111,497

 Gross profit

 5,853,121

 -

 381,688

 -

 -

 6,234,809

 Operating income (loss)

 3,784,444

 ( 69,840
)

 269,772

 ( 13,134
)

 ( 1,757,989
)

 2,213,253

 3,407,546

 ( 69,840
)

 269,548

 ( 13,134
)

 ( 4,176
)

 Total assets

 21,079,343

 13,859

 155,783

 1,009,794

 1,520,612

 23,799,391

 Depreciation

 1,769,766

 1,706

 10,101

 -

 -

 1,781,573

 Interest expense

 376,898

 -

 -

 128,795

 505,917

 Capital expenditures for long-lived assets

 $
 1,050,640

 $
 15,350

 $
 52,674

 $
 1,008,897

 $
 -

 $
 2,127,561

 F- 21

 14.
 QUARTERLY DATA (UNAUDITED)

 Quarterly
results include all adjustments consisting of normal recurring adjustments that the Company considers necessary for the quarters presented
and are not necessarily indicative of the operating results of any future period. Summarized financial information for each quarter during
the years ended December 31, 2024 and 2023 is below:

OF FINANCIAL INFORMATION QUARTERLY DATA

 ended March 31, 2024

 ended June 30, 2024

 ended September 30, 2024

 ended December 31, 2024

 Revenues

 $
 3,909,893

 $
 2,349,738

 $
 2,171,655

 $
 579,795

 Gross profit (loss)

 18,854

 ( 148,929
)

 ( 392,928
)

 ( 361,125
)

 Income (loss) from continuing operations

 ( 925,047
)

 ( 846,628
)

 ( 866,867
)

 ( 901,556
)

 Loss from discontinued operations

 ( 131,640
)

 ( 157,278
)

 ( 177,018
)

 -

 ( 1,213,840
)

 ( 1,225,681
)

 ( 4,920,338
)

 ( 2,438,224
)

 Net (loss) per share – basic and diluted

 ( 0.01
)

 ( 0.01
)

 ( 0.05
)

 ( 0.02
)

 ended March 31, 2023

 ended June 30, 2023

 ended September 30, 2023

 ended December 31, 2023

 Revenues

 $
 3,014,887

 $
 3,998,267

 $
 5,455,633

 $
 6,877,519

 Gross profit

 649,002

 845,101

 2,857,766

 1,882,940

 Income (loss) from operations

 ( 183,223
)

 153,693

 1,659,871

 124,023

 ( 226,860
)

 36,762

 3,404,175

 ( 83,022
)

 Net income per share – basic and diluted

 -

 -

 0.04

 -

 15.
PRO FORMA DATA (UNAUDITED)

 The
pro forma sales and net income data gives effect to the acquisition of Collins Building as if it had occurred on January 1, 2023, the
beginning of the Company's 2023 fiscal year.

OF PRO FORMA DATA INFORMATION

 For
 the year ended

 Sales

 Net
 income

 Acquired companies

 -

 -

 Collins Building

 $
 4,005,645

 $
 324,882

 All other companies

 16,561,233

 2,812,244

 Total

 $
 20,566,878

 $
 3,137,126

 F- 22