<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1994 <PERIOD-START> JAN-01-1995 JAN-01-1994 <PERIOD-END> DEC-31-1995 DEC-31-1994 <CASH> 16,291 4,805 <SECURITIES> 11 13,405 <RECEIVABLES> 437 1,219 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 17,622 20,054 <PP&E> 22,746 20,055 <DEPRECIATION> (553) (197) <TOTAL-ASSETS> 39,815 39,912 <CURRENT-LIABILITIES> 1,909 4,178 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 13 13 <COMMON> 67 67 <OTHER-SE> 16,225 17,758 <TOTAL-LIABILITY-AND-EQUITY> 39,815 39,912 <SALES> 5,402 2,070 <TOTAL-REVENUES> 6,112 2,115 <CGS> 0 0 <TOTAL-COSTS> 4,887 3,411 <OTHER-EXPENSES> (1,500) 172,880 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 1,327 649 <INCOME-PRETAX> 1,398 (174,825) <INCOME-TAX> 0 0 <INCOME-CONTINUING> 1,398 (174,825) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,398 (174,825) <EPS-PRIMARY> 0.16 (26.45) <EPS-DILUTED> 0.16 (26.45)