<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE INNOVA CORPORATION FORM 10-K FOR THE PERIOD ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 2,454,763 <SECURITIES> 19,319,495 <RECEIVABLES> 11,368,596 <ALLOWANCES> (204,658) <INVENTORY> 12,048,058 <CURRENT-ASSETS> 45,236,379 <PP&E> 15,110,948 <DEPRECIATION> (3,976,987) <TOTAL-ASSETS> 56,795,457 <CURRENT-LIABILITIES> 7,720,083 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 86,621,122 <OTHER-SE> 3,261,674 <TOTAL-LIABILITY-AND-EQUITY> 56,795,457 <SALES> 36,099,884 <TOTAL-REVENUES> 36,099,884 <CGS> 25,447,057 <TOTAL-COSTS> 25,447,057 <OTHER-EXPENSES> 11,828,840 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (546,161) <INCOME-PRETAX> (1,060,019) <INCOME-TAX> (1,060,019) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,060,019) <EPS-PRIMARY> (0.18) <EPS-DILUTED> (0.18)