So, 6,000 engines x 19 nozzles/engine = 114,000 nozzles
If SGLB makes $2K/nozzle and its spread over 5 years, revenue from nozzles only is $45.6M/yr.
Assuming a 50% margin, which I suspect is way low, gives $22.8M earnings.
If outstanding shares is limited to 600M and PE = 30, share price goes to $1.14 or an 8 bagger from today's price.
I guess I don't understand why I'm not shorting this immediately!