Question-and-Answer Session
Operator
Thank you, today’s question and answer session will be conducted electronically.
(Operator Instructions)
We will take our first question from William Burns, with Johnson Rice & Company.
William Burns, - Johnson Rice & Company
Good morning, your cash equivalent and mark the security balance of 57.8. I was kind of dig through my notes, it seems like at the end of last quarter it was around 56 though see it actually gone up.
Merrick Kerr
Yes, it gone up in Quarter.
William Burns, - Johnson Rice & Company
Then help me remember about the seasonality of the fertilize business. Your fiscal quarter, which quarter.
Merrick Kerr
For fiscal quarter today ending in December is quarter we are on whatever strongest quarters, would you remember the end of fiscal year, end of September we had quite about accounts receivable from prepaids that the REMC had done that we have not actually received the cash from, so that cash came in. We have also seen continues prepaids flowing from UPPs coming in the First Quarter, as we realize we delivered against the others. And, that is really what driven the cash balance from this evening seen of votes to see more able.
Operator
We will take our next question from Michael Molnar with Goldman Sachs, please go ahead.
Michael Molnar – Goldman Sachs
The 40 million in EBITDA, do you have any port to have you on giving overall EBITDA range or overall net income just so we can gauge the rest of the business?
Merrick Kerr
You know at this thing we are not getting those projections Michael and really because, other than finishing the PDU. I have noticed that, that seem to be the thing that you guys are messing up while I give the extra information, to let you know how much of the 66 we spent. So, that you are looking at the next quarter you can recognize, but there is another 7.5 to 8 million to get spent near the finish the PDU for RND. I think I shared roughly as about 2.5 a month and what RND cost. I think the reason that I do not share them all beyond that and we have flexibility in which projects we choose to advance and we move from a PNL to a capitalization, based on where we are. And, some things actually have spent on money on projects is a good thing. So, that is why I feel that really the importance is how are we performing on the operating part of the business against what we thought we could do and that is why the information that I share.
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