<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 4,100,798 <SECURITIES> 3,052,471 <RECEIVABLES> 1,837,212 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,260,345 <PP&E> 11,089,339 <DEPRECIATION> (7,067,873) <TOTAL-ASSETS> 13,692,478 <CURRENT-LIABILITIES> 4,620,067 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 12,015,000 <COMMON> 98,122,922 <OTHER-SE> (103,547,921) <TOTAL-LIABILITY-AND-EQUITY> 13,692,478 <SALES> 0 <TOTAL-REVENUES> 6,847,993 <CGS> 0 <TOTAL-COSTS> 21,084,502 <OTHER-EXPENSES> 12,985,212 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 234,653 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (27,030,648) <EPS-BASIC> (.84) <EPS-DILUTED> (.84)