<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-START> APR-01-1995 <PERIOD-END> DEC-31-1995 <EXCHANGE-RATE> 1 <CASH> 8,710,617 <SECURITIES> 1,364,224 <RECEIVABLES> 524,909 <ALLOWANCES> (275,000) <INVENTORY> 1,222,528 <CURRENT-ASSETS> 12,400,428 <PP&E> 20,715,551 <DEPRECIATION> 16,303,503 <TOTAL-ASSETS> 18,106,367 <CURRENT-LIABILITIES> 7,986,125 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 153,590 <OTHER-SE> 9,966,652 <TOTAL-LIABILITY-AND-EQUITY> 18,106,367 <SALES> 139,739 <TOTAL-REVENUES> 2,104,366 <CGS> 48,219 <TOTAL-COSTS> 2,977,751 <OTHER-EXPENSES> 1,428,640 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,302,025) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,302,025) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,302,025) <EPS-PRIMARY> (0.15) <EPS-DILUTED> (0.15)