FINANCIAL DATA SCHEDULE

<TABLE> <S> <C>

<ARTICLE> 5

<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> JUN-30-1999
<CASH> 5,422,905
<SECURITIES> 7,643,762
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 13,292,964
<PP&E> 4,035,973
<DEPRECIATION> (2,938,449)
<TOTAL-ASSETS> 14,390,488
<CURRENT-LIABILITIES> 9,296,265
<BONDS> 0
<PREFERRED-MANDATORY> 0
<PREFERRED> 0
<COMMON> 37,131,042
<OTHER-SE> (32,036,819)
<TOTAL-LIABILITY-AND-EQUITY> 14,390,488
<SALES> 0
<TOTAL-REVENUES> 350,000
<CGS> 0
<TOTAL-COSTS> 3,574,209
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 22,244
<INCOME-PRETAX> (3,122,777)
<INCOME-TAX> 0
<INCOME-CONTINUING> (3,122,777)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (3,122,177)
<EPS-BASIC> (0.36)
<EPS-DILUTED> (0.36)


</TABLE>