<ARTICLE> 5 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 5,772,354 <SECURITIES> 0 <RECEIVABLES> 861,247 <ALLOWANCES> 48,190 <INVENTORY> 728,093 <CURRENT-ASSETS> 7,592,284 <PP&E> 1,321,995 <DEPRECIATION> 542,040 <TOTAL-ASSETS> 19,799,445 <CURRENT-LIABILITIES> 2,763,878 <BONDS> 8,669,063 <PREFERRED-MANDATORY> 0 <PREFERRED> 70 <COMMON> 278 <OTHER-SE> 54,851,621 <TOTAL-LIABILITY-AND-EQUITY> 19,799,445 <SALES> 3,133,431 <TOTAL-REVENUES> 3,155,714 <CGS> 1,575,605 <TOTAL-COSTS> 1,575,605 <OTHER-EXPENSES> 13,564,850 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,019,760 <INCOME-PRETAX> (12,683,855) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> (1,166,463) <CHANGES> 0 <NET-INCOME> (14,106,986) <EPS-PRIMARY> (2.04) <EPS-DILUTED> (2.04)