Liquidmetal Technologies Inc (LQMT)

[Researchfyi]

The reality of a part that can be ordered is real as they are in use abroad today. The quantity of that part, cost and profit will be determined by speculation as LQMT has not to my knowledge ever reported $$$$$$ specifics. The part if ever contracted plus annuall orders could come as a fee a royalty or a direct order. The part is real and is depicted on a link on the LQMT website.
However, as happens in most cases no one ever sees the fruition of 99% of LQMT’s depicted parts or anticipated parts that LQMT displays historically. This is the only reason I have not provided the link. I prefer to keep it real and not add to the speculation. Years ago, when I bought into the LQMT rhetoric of forward commentary, I would have posted the link. Not today.

I’m not going to beat LQMT down nor hype it up. LQMT can do that all by themselves.
By actual results.

Like a few other parts depicted on LQMT’s website and then taken down, they often lead to much speculation sometimes by sycophants and sometimes by well intentioned shareholders looking for actual clues to future revenues. But so far zero shareholder gains have come to fruition other than a few minuscule contracts culminating in wash rinse and repeat cycles over the past ten years.

Good luck to you.
All of your scenarios could be correct, when it comes to LQMT.