<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 3,847,107 <SECURITIES> 0 <RECEIVABLES> 217,150 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,235,377 <PP&E> 1,428,638 <DEPRECIATION> (539,463) <TOTAL-ASSETS> 6,823,271 <CURRENT-LIABILITIES> 288,638 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 120,318 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 6,823,271 <SALES> 519,714 <TOTAL-REVENUES> 519,714 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,311,295 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,546,617) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,546,617) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,546,617) <EPS-PRIMARY> (.39) <EPS-DILUTED> (.39)