<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                      82,579,000
<SECURITIES>                                 9,981,000
<RECEIVABLES>                                2,784,000
<ALLOWANCES>                                   369,000
<INVENTORY>                                  2,722,000
<CURRENT-ASSETS>                            99,240,000
<PP&E>                                      22,887,000
<DEPRECIATION>                               7,761,000
<TOTAL-ASSETS>                             128,507,000
<CURRENT-LIABILITIES>                       29,276,000
<BONDS>                                     80,880,000
<PREFERRED-MANDATORY>                        6,700,000
<PREFERRED>                                          0
<COMMON>                                     2,785,000
<OTHER-SE>                                   9,247,000
<TOTAL-LIABILITY-AND-EQUITY>               128,507,000
<SALES>                                      9,636,000
<TOTAL-REVENUES>                            15,337,000
<CGS>                                        5,992,000
<TOTAL-COSTS>                               64,488,000
<OTHER-EXPENSES>                             2,208,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           5,976,000
<INCOME-PRETAX>                           (26,723,000)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                       (26,723,000)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                              (26,723,000)
<EPS-PRIMARY>                                   (0.97)
<EPS-DILUTED>                                   (0.97)