<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,515,313 <SECURITIES> 20,962,181 <RECEIVABLES> 3,532,266 <ALLOWANCES> 0 <INVENTORY> 2,456,265 <CURRENT-ASSETS> 12,106,887 <PP&E> 1,121,508 <DEPRECIATION> (676,123) <TOTAL-ASSETS> 32,430,739 <CURRENT-LIABILITIES> 4,362,985 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 105,771,124 <OTHER-SE> (77,703,370) <TOTAL-LIABILITY-AND-EQUITY> 32,430,739 <SALES> 1,293,618 <TOTAL-REVENUES> 1,293,618 <CGS> 524,478 <TOTAL-COSTS> 524,478 <OTHER-EXPENSES> 7,830,348 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (6,214,781) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,214,781) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,214,781) <EPS-PRIMARY> (0.36) <EPS-DILUTED> 0.00