<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SEC FORM
10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       1,429,207
<SECURITIES>                                15,544,257
<RECEIVABLES>                                  691,509
<ALLOWANCES>                                    48,430
<INVENTORY>                                      9,508
<CURRENT-ASSETS>                            12,179,020
<PP&E>                                       7,059,101
<DEPRECIATION>                               2,046,292
<TOTAL-ASSETS>                              24,299,322
<CURRENT-LIABILITIES>                        1,961,588
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         7,945
<OTHER-SE>                                  22,329,789
<TOTAL-LIABILITY-AND-EQUITY>                24,299,322
<SALES>                                        879,902
<TOTAL-REVENUES>                             2,485,993
<CGS>                                          234,633
<TOTAL-COSTS>                                  234,633
<OTHER-EXPENSES>                             5,443,845
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                             (3,192,485)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         (3,192,485)
<DISCONTINUED>                              (2,599,294)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (5,791,779)
<EPS-PRIMARY>                                     (.75)
<EPS-DILUTED>                                     (.75)