<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Form 10-Q
for the period ended 9/30/96 and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1996
<CASH>                                          962329
<SECURITIES>                                  18570510
<RECEIVABLES>                                   679100
<ALLOWANCES>                                         0
<INVENTORY>                                       6450
<CURRENT-ASSETS>                              20666287
<PP&E>                                         6839281
<DEPRECIATION>                                 1769833
<TOTAL-ASSETS>                                25995140
<CURRENT-LIABILITIES>                           886209
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                          7938
<OTHER-SE>                                    25100993
<TOTAL-LIABILITY-AND-EQUITY>                  25995140
<SALES>                                        1604808
<TOTAL-REVENUES>                               2639832
<CGS>                                          1179816
<TOTAL-COSTS>                                  1179816
<OTHER-EXPENSES>                               5037498
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (3577482)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (3577482)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (3577482)
<EPS-PRIMARY>                                    (.46)
<EPS-DILUTED>                                    (.46)