<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Form 10-Q for the period ended 3/31/96 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 2982373 <SECURITIES> 20214691 <RECEIVABLES> 247631 <ALLOWANCES> 0 <INVENTORY> 9906 <CURRENT-ASSETS> 23977940 <PP&E> 6597116 <DEPRECIATION> 1555394 <TOTAL-ASSETS> 29276348 <CURRENT-LIABILITIES> 792065 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7920 <OTHER-SE> 28476363 <TOTAL-LIABILITY-AND-EQUITY> 29276348 <SALES> 337525 <TOTAL-REVENUES> 675265 <CGS> 112715 <TOTAL-COSTS> 112715 <OTHER-EXPENSES> 1874489 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1311939) <INCOME-TAX> 0 <INCOME-CONTINUING> (1311939) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1311939) <EPS-PRIMARY> (.17) <EPS-DILUTED> (.17)