<ARTICLE> 5 <LEGEND> This schedule contains summary information extracted from the unaudited financial statements contained in the Company's quarterly report on Form 10-Q for the quarter ended June 30, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 5,715,030 <SECURITIES> 4,320,689 <RECEIVABLES> 912,844 <ALLOWANCES> (197,959) <INVENTORY> 229,214 <CURRENT-ASSETS> 11,433,512 <PP&E> 3,817,592 <DEPRECIATION> (1,520,294) <TOTAL-ASSETS> 15,608,838 <CURRENT-LIABILITIES> 1,818,529 <BONDS> 0 <PREFERRED-MANDATORY> 12,185,720 <PREFERRED> 0 <COMMON> 3,396,693 <OTHER-SE> 395,508 <TOTAL-LIABILITY-AND-EQUITY> 1,396,218 <SALES> 5,160,665 <TOTAL-REVENUES> 5,324,667 <CGS> 0 <TOTAL-COSTS> 4,075,346 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,249,321 <INCOME-TAX> 515,090 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 734,231 <EPS-PRIMARY> .03 <EPS-DILUTED> 0