<ARTICLE>                           5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
financial  statements  of the Company as of and for the nine month  period ended
September  30,  1997 and is  qualified  in its  entirety  by  reference  to such
financial statements.
</LEGEND>
       
                                 
<PERIOD-TYPE>                       3-MOS
<FISCAL-YEAR-END>                                              DEC-31-1996
<PERIOD-END>                                                   SEP-30-1997
<CASH>                                                         4,151,000
<SECURITIES>                                                   14,817
<RECEIVABLES>                                                  1,389,000
<ALLOWANCES>                                                   (76,000)
<INVENTORY>                                                    3,174,000
<CURRENT-ASSETS>                                               24,070,000
<PP&E>                                                         8,994
<DEPRECIATION>                                                 (3,582)
<TOTAL-ASSETS>                                                 30,147,000
<CURRENT-LIABILITIES>                                          3,520,000
<BONDS>                                                        3,804,000
<PREFERRED-MANDATORY>                                          0
<PREFERRED>                                                    0
<COMMON>                                                       69,841,000
<OTHER-SE>                                                     (47,036,000)
<TOTAL-LIABILITY-AND-EQUITY>                                   30,147,000
<SALES>                                                        1,110,000
<TOTAL-REVENUES>                                               1,885,000
<CGS>                                                          1,219,000
<TOTAL-COSTS>                                                  4,256,000
<OTHER-EXPENSES>                                               (13,000)
<LOSS-PROVISION>                                                 0
<INTEREST-EXPENSE>                                             (41,000)
<INCOME-PRETAX>                                                (3,562,000)
<INCOME-TAX>                                                     0
<INCOME-CONTINUING>                                            (3,562,000)
<DISCONTINUED>                                                   0
<EXTRAORDINARY>                                                  0
<CHANGES>                                                        0
<NET-INCOME>                                                   (3,562,000)
<EPS-PRIMARY>                                                  (.21)
<EPS-DILUTED>                                                  (.21)