<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> Dec-31-1996 <PERIOD-END> Sep-30-1997 <CASH> 475,638 <SECURITIES> 4,527,139 <RECEIVABLES> 168,426 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,809,220 <PP&E> 11,071,312 <DEPRECIATION> 8,549,411 <TOTAL-ASSETS> 8,410,288 <CURRENT-LIABILITIES> 2,885,936 <BONDS> 0 <PREFERRED-MANDATORY> 131,913 <PREFERRED> 0 <COMMON> 4,306,633 <OTHER-SE> 664,809 <TOTAL-LIABILITY-AND-EQUITY> 8,410,288 <SALES> 1,815,938 <TOTAL-REVENUES> 1,815,938 <CGS> 641,862 <TOTAL-COSTS> 641,862 <OTHER-EXPENSES> 19,065,887 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 104,866 <INCOME-PRETAX> (17,555,241) <INCOME-TAX> 0 <INCOME-CONTINUING> (17,555,241) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,555,241) <EPS-PRIMARY> (1.63) <EPS-DILUTED> 0