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<TABLE> <S> <C>
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<S> <C>
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<FISCAL-YEAR-END> MAR-31-1997
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<PERIOD-END> MAR-31-1997
<CASH> 2,387,091
<SECURITIES> 0
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5,822,623
0
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<OTHER-SE> (3,225,984)
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<OTHER-EXPENSES> 2,472,234
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<NET-INCOME> (1,598,834)
<EPS-BASIC> (1.44)
<EPS-DILUTED> (1.44)
</TABLE>
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