<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 15,173,306 <SECURITIES> 13,665,153 <RECEIVABLES> 701,514 <ALLOWANCES> 25,627 <INVENTORY> 322,280 <CURRENT-ASSETS> 30,714,045 <PP&E> 6,132,487 <DEPRECIATION> 1,124,143 <TOTAL-ASSETS> 38,953,339 <CURRENT-LIABILITIES> 1,406,599 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 152,062 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 38,953,339 <SALES> 0 <TOTAL-REVENUES> 2,287,187 <CGS> 1,713,188 <TOTAL-COSTS> 3,645,205 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (1,163,186) <INCOME-PRETAX> (194,832) <INCOME-TAX> (64,735) <INCOME-CONTINUING> (130,097) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (130,097) <EPS-PRIMARY> (0.01) <EPS-DILUTED> (0.01)