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<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
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<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> DEC-31-1998
<CASH> 8,855,375
<SECURITIES> 6,417,066
<RECEIVABLES> 383,249
<ALLOWANCES> 0
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<PP&E> 799,439
<DEPRECIATION> (604,409)
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<CURRENT-LIABILITIES> 1,949,123
<BONDS> 0
0
0
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<CGS> 0
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<EXTRAORDINARY> (325,120)
<CHANGES> 0
<NET-INCOME> (5,118,479)
<EPS-BASIC> (.67)
<EPS-DILUTED> (.67)
</TABLE>
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