<ARTICLE> 5 <PERIOD-TYPE> YEAR 9-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1997 <PERIOD-START> JAN-01-1996 JAN-01-1997 <PERIOD-END> DEC-31-1996 SEP-30-1997 <CASH> 1,314,305 196,638 <SECURITIES> 3,023,932 867,519 <RECEIVABLES> 136,715 144,547 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 4,520,155 1,242,913 <PP&E> 2,469,725 3,017,646 <DEPRECIATION> 1,352,011 1,885,308 <TOTAL-ASSETS> 5,476,711 2,478,086 <CURRENT-LIABILITIES> 1,169,822 2,442,491 <BONDS> 0 0 <PREFERRED-MANDATORY> 20,279,348 20,279,348 <PREFERRED> 0 0 <COMMON> 12,865 13,735 <OTHER-SE> (16,084,069) (20,703,074) <TOTAL-LIABILITY-AND-EQUITY> 5,746,711 2,478,086 <SALES> 1,206,620 604,784 <TOTAL-REVENUES> 1,206,620 604,784 <CGS> 800,835 261,299 <TOTAL-COSTS> 800,835 261,299 <OTHER-EXPENSES> 4,844,854 5,118,941 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 138,878 103,514 <INCOME-PRETAX> (4,044,019) (4,775,456) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (4,044,019) (4,775,456) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (4,044,019) (4,775,456) <EPS-PRIMARY> (0.59) (0.64) <EPS-DILUTED> (0.59) (0.64)