Few people outside the company have seen the device, let alone
tried it. In March, Magic Leap released software tools for
developers to start making apps for the device; those without
access to the device have to use a software-based simulator to get
a sense for what their creations will actually look like through
the lenses of the headset.
The company has built up a trove of dozens of patents over the
past several years that could be licensed to other companies as a
sort of fallback plan if the headset fails.
There’s no “sort of” about it — becoming a patent troll would definitely be a fallback plan.