<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)