<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 9,199,989 <SECURITIES> 17,466,884 <RECEIVABLES> 195,313 <ALLOWANCES> 0 <INVENTORY> 212,690 <CURRENT-ASSETS> 24,415,095 <PP&E> 1,919,976 <DEPRECIATION> (289,902) <TOTAL-ASSETS> 29,407,877 <CURRENT-LIABILITIES> 4,193,594 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 132,415 <OTHER-SE> 24,211,201 <TOTAL-LIABILITY-AND-EQUITY> 29,407,877 <SALES> 939,346 <TOTAL-REVENUES> 939,346 <CGS> 883,245 <TOTAL-COSTS> 883,245 <OTHER-EXPENSES> 4,878,374 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,822,273) <INCOME-TAX> 0 <INCOME-CONTINUING> (4,822,273) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,822,273) <EPS-PRIMARY> (0.37) <EPS-DILUTED> (0.37)