<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheets and consolidated statements of operations found on pages 5 and 6 of the Company's 10-Q for the year-to-date, and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 62,332,372 <SECURITIES> 0 <RECEIVABLES> 642,440 <ALLOWANCES> 0 <INVENTORY> 203,240 <CURRENT-ASSETS> 63,757,486 <PP&E> 1,416,457 <DEPRECIATION> 878,797 <TOTAL-ASSETS> 66,019,842 <CURRENT-LIABILITIES> 4,531,268 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,592 <OTHER-SE> 61,475,916 <TOTAL-LIABILITY-AND-EQUITY> 66,019,842 <SALES> 929,120 <TOTAL-REVENUES> 1,996,294 <CGS> 619,420 <TOTAL-COSTS> 619,420 <OTHER-EXPENSES> 7,312,177 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 55,903 <INCOME-PRETAX> (5,991,206) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,991,206) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,991,206) <EPS-PRIMARY> (.53) <EPS-DILUTED> (.53)