<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JUN-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 2,647,469 <SECURITIES> 154,242 <RECEIVABLES> 1,569,324 <ALLOWANCES> 0 <INVENTORY> 647,585 <CURRENT-ASSETS> 7,258,796 <PP&E> 351,463 <DEPRECIATION> 0 <TOTAL-ASSETS> 16,900,435 <CURRENT-LIABILITIES> 3,381,743 <BONDS> 1,259,436 <PREFERRED-MANDATORY> 456,250 <PREFERRED> 0 <COMMON> 6,133 <OTHER-SE> 9,657,734 <TOTAL-LIABILITY-AND-EQUITY> 16,900,435 <SALES> 1,504,364 <TOTAL-REVENUES> 1,504,364 <CGS> 873,335 <TOTAL-COSTS> 873,335 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (3,633,113) <INCOME-TAX> (984,386) <INCOME-CONTINUING> (2,648,727) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,648,727) <EPS-PRIMARY> (0.46) <EPS-DILUTED> (0.46)