<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> DEC-31-1995 <EXCHANGE-RATE> 1 <CASH> 7,182 <SECURITIES> 8,937 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 538 <CURRENT-ASSETS> 17,588 <PP&E> 6,731 <DEPRECIATION> 5,914 <TOTAL-ASSETS> 18,518 <CURRENT-LIABILITIES> 2,343 <BONDS> 1,283 <PREFERRED-MANDATORY> 0 <PREFERRED> 4 <COMMON> 287 <OTHER-SE> 14,601 <TOTAL-LIABILITY-AND-EQUITY> 18,518 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 140 <INCOME-PRETAX> (12,271) <INCOME-TAX> 0 <INCOME-CONTINUING> (12,271) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (12,271) <EPS-PRIMARY> (.98) <EPS-DILUTED> (.98)