<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL STATEMENTS FROM FORM 10-Q FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1998 (FOR SEC USE ONLY) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 23,464,901 <SECURITIES> 0 <RECEIVABLES> 2,031,838 <ALLOWANCES> (70,000) <INVENTORY> 0 <CURRENT-ASSETS> 25,586,723 <PP&E> 1,717,721 <DEPRECIATION> (233,903) <TOTAL-ASSETS> 27,500,945 <CURRENT-LIABILITIES> 856,920 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 47,203,828 <OTHER-SE> (20,600,803) <TOTAL-LIABILITY-AND-EQUITY> 27,500,945 <SALES> 3,136,865 <TOTAL-REVENUES> 3,136,865 <CGS> 1,321,576 <TOTAL-COSTS> 13,964,307 <OTHER-EXPENSES> 4,242 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (27,123) <INCOME-PRETAX> (11,127,561) <INCOME-TAX> 0 <INCOME-CONTINUING> (11,127,561) <DISCONTINUED> 0 <EXTRAORDINARY> 476,239 <CHANGES> 0 <NET-INCOME> (11,603,800) <EPS-BASIC> (1.22) <EPS-DILUTED> (1.22)