<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 3,024,142 <SECURITIES> 6,855,063 <RECEIVABLES> 2,813,771 <ALLOWANCES> 0 <INVENTORY> 1,924,822 <CURRENT-ASSETS> 10,543,769 <PP&E> 1,316,054 <DEPRECIATION> (837,171) <TOTAL-ASSETS> 15,363,954 <CURRENT-LIABILITIES> 3,280,265 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 107,046,293 <OTHER-SE> (94,962,604) <TOTAL-LIABILITY-AND-EQUITY> 15,363,954 <SALES> 654,399 <TOTAL-REVENUES> 654,399 <CGS> 224,945 <TOTAL-COSTS> 224,945 <OTHER-EXPENSES> 4,310,807 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (3,684,683) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,684,683) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,684,683) <EPS-PRIMARY> (0.24) <EPS-DILUTED> 0