If you were to continue with the next sentence you would see that they have 85.6 million on hand.

The Company's aggregate cash and short-term investments totaled $55.0 million at September 30, 2011. Giving effect to a private placement of common stock completed in October 2011, the Company's cash and short term investments on a pro forma basis totaled $85.6 million at September 30, 2011, compared to $86.2 million at June 30, 2011.