<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 3,988,368 <SECURITIES> 26,884,852 <RECEIVABLES> 1,641,489 <ALLOWANCES> 19,276 <INVENTORY> 957,303 <CURRENT-ASSETS> 33,584,150 <PP&E> 3,281,216 <DEPRECIATION> 881,323 <TOTAL-ASSETS> 36,196,569 <CURRENT-LIABILITIES> 1,545,235 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48,396,005 <OTHER-SE> (13,744,671) <TOTAL-LIABILITY-AND-EQUITY> 36,196,569 <SALES> 3,723,492 <TOTAL-REVENUES> 3,723,492 <CGS> 3,935,766 <TOTAL-COSTS> 7,000,825 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (3,072,470) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,072,470) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,072,470) <EPS-PRIMARY> (2.39) <EPS-DILUTED> (2.39)