<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Mar-31-1998 <CASH> 5,772,724 <SECURITIES> 15,008,355 <RECEIVABLES> 643,387 <ALLOWANCES> 38,853 <INVENTORY> 4,063,864 <CURRENT-ASSETS> 26,577,735 <PP&E> 5,318,814 <DEPRECIATION> 2,654,255 <TOTAL-ASSETS> 38,153,957 <CURRENT-LIABILITIES> 1,917,434 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 113,558 <OTHER-SE> 36,118,287 <TOTAL-LIABILITY-AND-EQUITY> 38,153,957 <SALES> 1,964,994 <TOTAL-REVENUES> 1,964,994 <CGS> 1,332,590 <TOTAL-COSTS> 1,332,590 <OTHER-EXPENSES> 2,480,206 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,444,507) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,444,507) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,444,507) <EPS-PRIMARY> (0.13) <EPS-DILUTED> (0.13)