<ARTICLE> 5 <CIK> 0000944480 <NAME> GSE SYSTEMS, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 12-Mos <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <EXCHANGE-RATE> 1 <CASH> 2,695 <SECURITIES> 0 <RECEIVABLES> 17,390 <ALLOWANCES> (509) <INVENTORY> 3,255 <CURRENT-ASSETS> 25,919 <PP&E> 11,581 <DEPRECIATION> (8,487) <TOTAL-ASSETS> 43,027 <CURRENT-LIABILITIES> 16,774 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 50 <OTHER-SE> 17,120 <TOTAL-LIABILITY-AND-EQUITY> 43,027 <SALES> 66,699 <TOTAL-REVENUES> 66,699 <CGS> 41,629 <TOTAL-COSTS> 41,629 <OTHER-EXPENSES> 24,326 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (450) <INCOME-PRETAX> 334 <INCOME-TAX> (233) <INCOME-CONTINUING> 101 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 101 <EPS-BASIC> .02 <EPS-DILUTED> .02