<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS INCLUDED IN THE REGISTRANT'S QUARTERLY REPORT ON FORM 10-Q FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> SEP-30-1998 <CASH> 4,544,464 <SECURITIES> 0 <RECEIVABLES> 269,101 <ALLOWANCES> 0 <INVENTORY> 28,736 <CURRENT-ASSETS> 4,872,449 <PP&E> 6,997,499 <DEPRECIATION> 5,213,923 <TOTAL-ASSETS> 7,780,406 <CURRENT-LIABILITIES> 405,120 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 34,636,934 <COMMON> 130,118 <OTHER-SE> 36,949,010 <TOTAL-LIABILITY-AND-EQUITY> 7,780,406 <SALES> 0 <TOTAL-REVENUES> 900,816 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,670,815 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (6,769,999) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,769,999) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,769,999) <EPS-PRIMARY> (0.72) <EPS-DILUTED> (0.72)