<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 14,200,633 <SECURITIES> 0 <RECEIVABLES> 2,457,383 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 16,878,350 <PP&E> 2,666,961 <DEPRECIATION> (1,521,397) <TOTAL-ASSETS> 18,895,177 <CURRENT-LIABILITIES> 2,160,179 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,168 <OTHER-SE> 16,723,830 <TOTAL-LIABILITY-AND-EQUITY> 18,895,177 <SALES> 845,865 <TOTAL-REVENUES> 1,069,200 <CGS> 14,617 <TOTAL-COSTS> 14,617 <OTHER-EXPENSES> 5,458,221 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 12,962 <INCOME-PRETAX> (4,223,595) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,223,595) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,223,595) <EPS-PRIMARY> (0.59) <EPS-DILUTED> (0.59)