<ARTICLE> 5
<MULTIPLIER> 1,000

                                                                       
<PERIOD-TYPE>                   YEAR                   YEAR                   YEAR
<FISCAL-YEAR-END>                          MAR-31-2000             MAR-31-1999             MAR-31-1998
<PERIOD-START>                             APR-01-1999             APR-01-1998             APR-01-1997
<PERIOD-END>                               MAR-31-2000             MAR-31-1999             MAR-31-1998
<CASH>                                           5,286                   4,148                   2,701
<SECURITIES>                                    11,196                   1,999                   1,000
<RECEIVABLES>                                    2,027                     772                     475
<ALLOWANCES>                                      (27)                    (27)                    (27)
<INVENTORY>                                          0                       0                       0
<CURRENT-ASSETS>                                19,167                   7,192                   4,480
<PP&E>                                           1,906                   1,164                     502
<DEPRECIATION>                                   (715)                   (319)                   (121)
<TOTAL-ASSETS>                                  21,096                   9,655                   5,399
<CURRENT-LIABILITIES>                            5,543                   4,588                   1,558
<BONDS>                                            708                   2,812                   1,221
<PREFERRED-MANDATORY>                           41,134                  19,926                   9,761
<PREFERRED>                                          0                       0                       0
<COMMON>                                         6,160                     751                     330
<OTHER-SE>                                    (32,449)                (18,422)                 (7,471)
<TOTAL-LIABILITY-AND-EQUITY>                    21,096                   9,655                   5,399
<SALES>                                              0                       0                       0
<TOTAL-REVENUES>                                 9,298                   4,085                   1,106
<CGS>                                                0                       0                       0
<TOTAL-COSTS>                                    4,541                   2,520                     714
<OTHER-EXPENSES>                                15,847                  12,141                   5,780
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                               (185)                     120                   (172)
<INCOME-PRETAX>                               (10,905)                (10,696)                 (5,216)
<INCOME-TAX>                                         0                       0                       0
<INCOME-CONTINUING>                           (10,905)                (10,696)                 (5,216)
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                                  (10,905)                (10,696)                 (5,216)
<EPS-BASIC>                                     (3.38)                  (4.41)                  (3.96)
<EPS-DILUTED>                                   (3.38)                  (4.41)                  (3.96)