<ARTICLE> 5 <PERIOD-TYPE> 3-MOS 12-MOS <FISCAL-YEAR-END> JUN-30-1996 JUN-30-1996 <PERIOD-END> JUN-30-1996 JUN-30-1996 <CASH> 3,308,292 3,308,292 <SECURITIES> 5,015,000 5,015,000 <RECEIVABLES> 1,973,735 1,973,735 <ALLOWANCES> 0 0 <INVENTORY> 1,205,406 1,205,406 <CURRENT-ASSETS> 11,659,151 11,659,151 <PP&E> 2,588,107 2,588,107 <DEPRECIATION> 931,997 931,997 <TOTAL-ASSETS> 14,063,028 14,063,028 <CURRENT-LIABILITIES> 529,529 529,529 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 47,355,425 47,355,425 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 14,063,028 14,063,028 <SALES> 0 0 <TOTAL-REVENUES> 1,660,222 3,711,689 <CGS> 0 0 <TOTAL-COSTS> 827,029 3,526,902 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> 898,374 589,195 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 898,374 589,195 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 898,374 589,195 <EPS-PRIMARY> 0.06 0.04 <EPS-DILUTED> 0.06 0.04