Nothing that you have mentioned "vanishes." There are only two areas in the high school game which "disolve." They are the free-blocking zone and the expanded neutral zone during a scrimmage kick. The neutral zone still exists throughout the down. And in this play, even though the ball was legally kicked and it was touched beyond the neutral zone, the neutral zone still exists and since K snapped the ball they are still allowed to throw a legal forward pass from in or behind the neutral zone. That changes if there is any change of possession.
The touching by R means that either team can possess the ball at the end of the down and be awarded a first down.
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