<TABLE> <S> <C>


<ARTICLE>   5

<LEGEND>
This schedule contains financial information extracted from the Balance Sheet,
Statement of Operations, Statement of Cash Flows and notes thereto incorporated
in Part 1 of the 10-QSB and is qualified in its entirety by reference to such
financial statements.
</LEGEND>


<S>                                      <C>                               <C>
<PERIOD-TYPE>                             Year                              3-MOS
<FISCAL-YEAR-END>                               Dec-31-1999                         Dec-31-2000
<PERIOD-END>                                    Dec-31-1999                         Mar-31-2000
<CASH>                                           18,673,304                          12,173,001
<SECURITIES>                                        973,877                           3,887,659
<RECEIVABLES>                                        99,476                              25,180
<ALLOWANCES>                                              0                                   0
<INVENTORY>                                               0                                   0
<CURRENT-ASSETS>                                 20,226,314                          16,389,372
<PP&E>                                            1,271,420                           1,444,355
<DEPRECIATION>                                    (410,963)                           (632,299)
<TOTAL-ASSETS>                                   27,256,750                          22,867,516
<CURRENT-LIABILITIES>                             2,202,682                           2,731,014
<BONDS>                                                   0                                   0
<PREFERRED-MANDATORY>                                     0                                   0
<PREFERRED>                                           2,395                               2,395
<COMMON>                                             11,006                              11,137
<OTHER-SE>                                       25,040,668                          20,136,502
<TOTAL-LIABILITY-AND-EQUITY>                     27,256,750                          22,867,516
<SALES>                                             138,545                             146,834
<TOTAL-REVENUES>                                          0                                   0
<CGS>                                                     0                                   0
<TOTAL-COSTS>                                             0                                   0
<OTHER-EXPENSES>                                 10,679,630                           5,884,033
<LOSS-PROVISION>                                          0                                   0
<INTEREST-EXPENSE>                                  714,330                             273,455
<INCOME-PRETAX>                                (11,255,415)                         (5,463,744)
<INCOME-TAX>                                              0                                   0
<INCOME-CONTINUING>                                       0                                   0
<DISCONTINUED>                                            0                                   0
<EXTRAORDINARY>                                           0                                   0
<CHANGES>                                                 0                                   0
<NET-INCOME>                                   (11,255,415)                         (5,463,744)
<EPS-BASIC>                                          (2.97)                              (0.49)
<EPS-DILUTED>                                        (2.97)                              (0.49)




</TABLE>