<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 10,917,904 <SECURITIES> 5,101,374 <RECEIVABLES> 135,585 <ALLOWANCES> 0 <INVENTORY> 149,821 <CURRENT-ASSETS> 16,770,490 <PP&E> 1,255,406 <DEPRECIATION> (210,573) <TOTAL-ASSETS> 18,048,712 <CURRENT-LIABILITIES> 2,973,943 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 121,550 <OTHER-SE> 14,938,813 <TOTAL-LIABILITY-AND-EQUITY> 18,048,712 <SALES> 208,286 <TOTAL-REVENUES> 208,286 <CGS> 150,220 <TOTAL-COSTS> 150,220 <OTHER-EXPENSES> 1,812,688 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,495,602) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,495,602) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,495,602) <EPS-PRIMARY> (0.12) <EPS-DILUTED> (0.12)