<ARTICLE> 5 <LEGEND> TELEGEN CORPORATION AND SUBSIDIARIES' AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 1996. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,166,657 <SECURITIES> 0 <RECEIVABLES> 17,784 <ALLOWANCES> 0 <INVENTORY> 173,841 <CURRENT-ASSETS> 3,994,594 <PP&E> 1,993,341 <DEPRECIATION> 328,967 <TOTAL-ASSETS> 5,727,322 <CURRENT-LIABILITIES> 1,292,533 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,399,318 <OTHER-SE> (6,308,155) <TOTAL-LIABILITY-AND-EQUITY> 5,727,322 <SALES> 23,700 <TOTAL-REVENUES> 541,056 <CGS> 18,083 <TOTAL-COSTS> 86,695 <OTHER-EXPENSES> 5,869,211 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 146,650 <INCOME-PRETAX> (5,115,026) <INCOME-TAX> 0 <INCOME-CONTINUING> (5,115,026) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,115,026) <EPS-PRIMARY> (1.16) <EPS-DILUTED> (1.16)