<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                         260,000
<SECURITIES>                                         0
<RECEIVABLES>                                  642,000
<ALLOWANCES>                                         0
<INVENTORY>                                  1,508,000
<CURRENT-ASSETS>                               155,000
<PP&E>                                       6,972,000<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              10,064,000
<CURRENT-LIABILITIES>                        4,057,000
<BONDS>                                      2,862,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    64,093,000
<OTHER-SE>                                     169,000<F2>
<TOTAL-LIABILITY-AND-EQUITY>                10,064,000
<SALES>                                      1,542,000
<TOTAL-REVENUES>                             1,752,000
<CGS>                                                0
<TOTAL-COSTS>                                2,798,000
<OTHER-EXPENSES>                               159,000<F3>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             165,000
<INCOME-PRETAX>                              1,205,000
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          1,205,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,205,000
<EPS-PRIMARY>                                     0.10
<EPS-DILUTED>                                     0.10
<FN>
<F1>This value is net of depreciation.
<F2>Value represents redeemable common stock and redeemable common stock warrants.
<F3>Amount includes $40,000 of interest income.
</FN>