<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE UNAUDITED FINANCIAL STATEMENTS AS AT JUNE 30, 1999 AND FOR THE SIX MONTH PERIOD THEN ENDED AND THE AUDITED FINANCIAL STATEMENTS AS AT DECEMBER 31, 1998 AND FOR THE YEAR THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS YEAR <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1998 <PERIOD-START> JAN-01-1999 JAN-01-1998 <PERIOD-END> JUN-30-1999 DEC-31-1998 <CASH> 31,378 15,306 <SECURITIES> 0 0 <RECEIVABLES> 2,672 600 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 34,500 16,177 <PP&E> 4,381 1,219 <DEPRECIATION> 434 218 <TOTAL-ASSETS> 39,023 17,600 <CURRENT-LIABILITIES> 5,748 3,413 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 1 1 <COMMON> 1 1 <OTHER-SE> 32,084 14,185 <TOTAL-LIABILITY-AND-EQUITY> 39,023 17,600 <SALES> 0 0 <TOTAL-REVENUES> 5,672 5,210 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 9,232 10,142 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 16 <INCOME-PRETAX> (3,198) (4,703) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (3,198) (4,703) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (3,198) (4,703) <EPS-BASIC> (0.43) (0.70) <EPS-DILUTED> (0.21) (0.40)