<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 4,869,987 <SECURITIES> 6,913,139 <RECEIVABLES> 226,357 <ALLOWANCES> 0 <INVENTORY> 1,944,267 <CURRENT-ASSETS> 14,215,049 <PP&E> 8,021,034 <DEPRECIATION> 2,563,286 <TOTAL-ASSETS> 20,228,277 <CURRENT-LIABILITIES> 554,700 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 82,935,482 <OTHER-SE> (63,367,591) <TOTAL-LIABILITY-AND-EQUITY> 20,228,277 <SALES> 236,460 <TOTAL-REVENUES> 439,076 <CGS> 127,543 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,487,683 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,048,607) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,048,607) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,048,607) <EPS-PRIMARY> (0.08) <EPS-DILUTED> (0.08)