<ARTICLE>                              5
<RESTATED>                             
       
                                                     
<PERIOD-TYPE>                          12-MOS              6-MOS
<FISCAL-YEAR-END>                      DEC-31-1995         JUN-30-1996
<PERIOD-START>                         JAN-1-1995          JAN-1-1996
<PERIOD-END>                           DEC-31-1995         JUN-30-1996
<CASH>                                 3,707,100           2,504,603
<SECURITIES>                           0                   0
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<CURRENT-LIABILITIES>                  299,632             1,254,174
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<PREFERRED-MANDATORY>                  0                   0
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<OTHER-SE>                             3,453,695           3,579,301
<TOTAL-LIABILITY-AND-EQUITY>           3,820,452           4,903,269
<SALES>                                0                   0
<TOTAL-REVENUES>                       0                   0
<CGS>                                  0                   0
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<INTEREST-EXPENSE>                     0                   0
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<EXTRAORDINARY>                        0                   0
<CHANGES>                              0                   0
<NET-INCOME>                           (2,122,435)         (1,054,757)
<EPS-PRIMARY>                          (.35)               (.17)
<EPS-DILUTED>                          (.35)               (.17)