<ARTICLE> 5 <LEGEND> This Schedule contains summary information extracted from the Company's condensed balance sheet at June 30, 1996, and the condensed statements of operations for the six months ended June 30, 1996 and 1995, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 1,332 <SECURITIES> 16,474 <RECEIVABLES> 147 <ALLOWANCES> 0 <INVENTORY> 1,251 <CURRENT-ASSETS> 19,367 <PP&E> 15,775 <DEPRECIATION> 4,260 <TOTAL-ASSETS> 31,447 <CURRENT-LIABILITIES> 1,359 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 19 <OTHER-SE> 30,069 <TOTAL-LIABILITY-AND-EQUITY> 31,447 <SALES> 818 <TOTAL-REVENUES> 2,391 <CGS> 474 <TOTAL-COSTS> 474 <OTHER-EXPENSES> 2,769 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,297) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,297) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,297) <EPS-PRIMARY> (.12) <EPS-DILUTED> (.12)