<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 7,371,702 <SECURITIES> 14,091,967 <RECEIVABLES> 5,813,967 <ALLOWANCES> 693,935 <INVENTORY> 4,369,032 <CURRENT-ASSETS> 18,693,438 <PP&E> 2,487,618 <DEPRECIATION> 1,121,817 <TOTAL-ASSETS> 40,435,092 <CURRENT-LIABILITIES> 15,566,998 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,506 <OTHER-SE> 24,856,588 <TOTAL-LIABILITY-AND-EQUITY> 40,435,092 <SALES> 7,057,396 <TOTAL-REVENUES> 7,057,396 <CGS> 4,398,416 <TOTAL-COSTS> 7,239,212 <OTHER-EXPENSES> 18,312,886 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 145,797 <INCOME-PRETAX> (18,494,702) <INCOME-TAX> (283,768) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (18,210,934) <EPS-PRIMARY> (1.68) <EPS-DILUTED> (1.68)