<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 33,927,596 <SECURITIES> 0 <RECEIVABLES> 545,560 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 36,682,578 <PP&E> 1,818,299 <DEPRECIATION> 632,352 <TOTAL-ASSETS> 58,777,278 <CURRENT-LIABILITIES> 2,218,378 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 28,721 <OTHER-SE> 56,530,179 <TOTAL-LIABILITY-AND-EQUITY> 58,777,278 <SALES> 3,715,432 <TOTAL-REVENUES> 3,715,432 <CGS> 0 <TOTAL-COSTS> 19,797,070 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (14,913,330) <INCOME-TAX> 0 <INCOME-CONTINUING> (14,913,330) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (14,913,330) <EPS-BASIC> (0.64) <EPS-DILUTED> (0.64)