<ARTICLE> 5
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                       8,292,382
<SECURITIES>                                   500,300
<RECEIVABLES>                                  735,738
<ALLOWANCES>                                    48,190
<INVENTORY>                                    958,350
<CURRENT-ASSETS>                            10,824,208
<PP&E>                                       1,236,281
<DEPRECIATION>                                 448,971
<TOTAL-ASSETS>                              23,238,232
<CURRENT-LIABILITIES>                        2,157,149
<BONDS>                                      8,656,652
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        277
<COMMON>                                            70
<OTHER-SE>                                  54,782,895
<TOTAL-LIABILITY-AND-EQUITY>                23,238,232
<SALES>                                      2,154,220
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<CGS>                                          900,271
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<LOSS-PROVISION>                                     0
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<INCOME-PRETAX>                            (9,976,050)
<INCOME-TAX>                                         0
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<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (9,976,050)
<EPS-PRIMARY>                                   (1.44)
<EPS-DILUTED>                                   (1.44)