<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> SEP-30-2000 <CASH> 2,296,752 <SECURITIES> 7,192,470 <RECEIVABLES> 756,905 <ALLOWANCES> 299,802 <INVENTORY> 0 <CURRENT-ASSETS> 16,756,765 <PP&E> 2,883,320 <DEPRECIATION> 1,211,265 <TOTAL-ASSETS> 35,790,462 <CURRENT-LIABILITIES> 895,929 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,763 <OTHER-SE> 34,876,770 <TOTAL-LIABILITY-AND-EQUITY> 35,790,462 <SALES> 3,014,807 <TOTAL-REVENUES> 3,014,807 <CGS> 0 <TOTAL-COSTS> 30,232,545 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 53,345 <INCOME-PRETAX> (26,314,979) <INCOME-TAX> 0 <INCOME-CONTINUING> (26,314,979) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (26,314,979) <EPS-BASIC> (1.54) <EPS-DILUTED> (1.54)