<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 23,355,510 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 24,010,932 <PP&E> 2,264,340 <DEPRECIATION> (794,451) <TOTAL-ASSETS> 26,354,099 <CURRENT-LIABILITIES> 2,955,014 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 245,509 <OTHER-SE> 82,541,530 <TOTAL-LIABILITY-AND-EQUITY> 26,354,099 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 15,103,512 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (14,088,018) <INCOME-TAX> 0 <INCOME-CONTINUING> (14,088,108) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (14,088,018) <EPS-BASIC> (0.58) <EPS-DILUTED> (0.58)