<ARTICLE> 5 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-START> JAN-01-1997 JAN-01-1996 <PERIOD-END> DEC-31-1997 DEC-31-1996 <CASH> 2159000 6412000 <SECURITIES> 0 0 <RECEIVABLES> 0 0 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 2343000 6615000 <PP&E> 3227000 2589000 <DEPRECIATION> 882000 150000 <TOTAL-ASSETS> 5734000 11074000 <CURRENT-LIABILITIES> 1786000 1827000 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 17000 538000 <COMMON> 453000 233000 <OTHER-SE> 2255000 7786000 <TOTAL-LIABILITY-AND-EQUITY> 5734000 11074000 <SALES> 0 0 <TOTAL-REVENUES> 0 164000 <CGS> 0 0 <TOTAL-COSTS> 9923000 19826000 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 126000 4000 <INCOME-PRETAX> (10049000) (19666000) <INCOME-TAX> 0 0 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (10049000) (19666000) <EPS-PRIMARY> (0.43) (2.03)<F1> <EPS-DILUTED> (0.43) (2.03)<F1> <FN> <F1>To restate earnings per share to reflect adoption of SFAS 128, earnings per share. </FN>