<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <EXCHANGE-RATE> 1 <CASH> 9,962,511 <SECURITIES> 0 <RECEIVABLES> 701,951 <ALLOWANCES> 26,000 <INVENTORY> 1,244,688 <CURRENT-ASSETS> 12,209,989 <PP&E> 229,685 <DEPRECIATION> 80,515 <TOTAL-ASSETS> 12,686,458 <CURRENT-LIABILITIES> 1,525,600 <BONDS> 6,822 <PREFERRED-MANDATORY> 0 <PREFERRED> 11 <COMMON> 50,854 <OTHER-SE> 11,108,727 <TOTAL-LIABILITY-AND-EQUITY> 12,686,458 <SALES> 3,771,123 <TOTAL-REVENUES> 3,771,123 <CGS> 3,288,627 <TOTAL-COSTS> 3,288,627 <OTHER-EXPENSES> 0 <LOSS-PROVISION> (63,159) <INTEREST-EXPENSE> 447,684 <INCOME-PRETAX> (2,388,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,388,000) <DISCONTINUED> 0 <EXTRAORDINARY> (300,145) <CHANGES> 0 <NET-INCOME> (2,688,145) <EPS-PRIMARY> (.58) <EPS-DILUTED> .00