<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 6,893,842 <SECURITIES> 3,061,176 <RECEIVABLES> 144,939 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 10,223,006 <PP&E> 4,521,723 <DEPRECIATION> 1,400,508 <TOTAL-ASSETS> 13,397,763 <CURRENT-LIABILITIES> 4,850,459 <BONDS> 536,203 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 67,704,476 <OTHER-SE> (59,771,738) <TOTAL-LIABILITY-AND-EQUITY> 13,397,763 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 9,455,205 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (9,331,594) <INCOME-TAX> 0 <INCOME-CONTINUING> (9,331,594) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9,331,594) <EPS-BASIC> (1.02) <EPS-DILUTED> (1.02)