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This year, Sanders quit the race on April 8 and formally endorsed Biden five days later, followed by former President Barack Obama and Sen. Elizabeth Warren (D-Mass.). The consolidation of support allowed Biden to strike a joint-fundraising agreement with the Democratic National Committee, giving his campaign a big financial boost.

The month before, Biden’s campaign reported raising $46.7 million. April is the first month the campaign and the DNC reported their totals together.

But Biden is woefully trailing Trump’s fundraising juggernaut, which through March had a cash advantage over the Democrat of about $187 million.

While Biden did not release cash on hand totals for April, the Trump operation said it had over $255 million in the bank.

“Once again the Trump campaign’s colossal fundraising haul reaffirms that President Trump will lead an unstoppable juggernaut this November,” said Trump campaign manager Brad Parscale.

Biden tacitly acknowledged in a written statement that the economic devastation of the coronavirus pandemic had made money scarce.

“I am especially humbled because I know what a sacrifice it is to give in economic times as difficult as the one we’re in,” the former vice president said in a written statement. “When staring down the face of economic uncertainty, you chose to put your money behind me. For that, I will always be eternally thankful.”

Trump has developed a high-powered digital fundraising machine that has allowed him to build a massive campaign apparatus. There are indications his support from small dollar contributors has overcome the economic calamity brought upon by the coronavirus.

Trump’s operation said it had raised more than $742 million over the course of the campaign, $288 million more than Barack Obama’s political apparatus had raised at the same point in his 2012 reelection bid.

“While day-to-day life may have slowed this past month, enthusiasm and support for this president has not,” said RNC Chairwoman Ronna McDaniel.

Both campaigns stressed they are relying heavily on small donors. The Biden camp said in a news release that its average online donation was $32.63, “showing continued grassroots strength even in this time of crisis.”

The pandemic, though, has also helped Biden save money. Staying at home, Biden has not hit the campaign trail in nearly two months. So the campaign hasn’t spent a dime on rallies or flying the candidate and campaign staff across the country for events. When money was tight, the campaign also held off on hiring more staff.