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Most people applying R1 don’t even think about the gmat until this time of year, you can def retake it and make R1. Is 680 the old gmat? Because if you mean 685 gmat focus that’s a competitive score for any school.
F
Have you been sitting on the 680 GMAT for 2+ years? If so, I suggest that you retake.
If it is a 675 or 685, then you may be fine to apply in R3. You've already missed all of the R2 deadlines.
Keep in mind that you could sit for the exam after you submit if you feel like you could get a better score.