Sorry, I trusted the article which was misleading, I went the actual SEC filling page and found that Romney actually still has 14 million cash on hand.
http://query.nictusa.com/cgi-bin/dcdev/forms/C00431171/748283/
The article implied that he only had 1.94 million left, but what it really said was that he had spent all but 1.94 million of what he raised in the period, BUT he had 12.7 million when the period started, giving him 14 million or so now.
Sorry for the misunderstanding.