<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REGISTRATION STATEMENT. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR 3-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1996 <PERIOD-START> JAN-01-1996 JAN-01-1997 <PERIOD-END> DEC-31-1996 MAR-31-1997 <CASH> 4,721 3,108 <SECURITIES> 0 0 <RECEIVABLES> 1 2 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 4,812 3,218 <PP&E> 870 1,015 <DEPRECIATION> (274) 320 <TOTAL-ASSETS> 5,946 4,894 <CURRENT-LIABILITIES> 942 1,120 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 5 5 <COMMON> 2 2 <OTHER-SE> 4,747 3,517 <TOTAL-LIABILITY-AND-EQUITY> 5,946 4,894 <SALES> 0 0 <TOTAL-REVENUES> 452 76 <CGS> 0 0 <TOTAL-COSTS> 3,562 1,373 <OTHER-EXPENSES> (64) (50) <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 132 2 <INCOME-PRETAX> (3,178) (1,249) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (3,178) (1,249) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (3,178) (1,249) <EPS-PRIMARY> (1.03) (0.40) <EPS-DILUTED> (1.03) (0.40)