<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 3,633,930 <SECURITIES> 6,817,805 <RECEIVABLES> 3,128,481 <ALLOWANCES> 0 <INVENTORY> 1,700,521 <CURRENT-ASSETS> 12,099,901 <PP&E> 1,377,258 <DEPRECIATION> (894,944) <TOTAL-ASSETS> 16,732,273 <CURRENT-LIABILITIES> 3,819,898 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 7,100,476 <COMMON> 107,640,116 <OTHER-SE> (101,828,217) <TOTAL-LIABILITY-AND-EQUITY> 16,732,273 <SALES> 1,455,689 <TOTAL-REVENUES> 1,455,689 <CGS> 428,144 <TOTAL-COSTS> 428,144 <OTHER-EXPENSES> 8,765,598 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (10,532,997) <INCOME-TAX> 0 <INCOME-CONTINUING> (10,532,997) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,532,997) <EPS-PRIMARY> (0.68) <EPS-DILUTED> 0