<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <CASH> 4,549,707 <SECURITIES> 7,184,244 <RECEIVABLES> 1,932,313 <ALLOWANCES> 0 <INVENTORY> 412,843 <CURRENT-ASSETS> 14,339,013 <PP&E> 3,707,099 <DEPRECIATION> 1,344,329 <TOTAL-ASSETS> 19,743,018 <CURRENT-LIABILITIES> 7,660,881 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 7,156 <OTHER-SE> 11,993,633 <TOTAL-LIABILITY-AND-EQUITY> 19,743,018 <SALES> 1,315,097 <TOTAL-REVENUES> 2,966,805 <CGS> 1,636,902 <TOTAL-COSTS> 9,417,303 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 473,481 <INCOME-PRETAX> (5,915,573) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,915,573) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,915,573) <EPS-PRIMARY> $(1.00) <EPS-DILUTED> 0