3D Font possible?

There is not a simple way to do that, unfortunately. The best way I can think of would be to make it an image in a paint program, and then engrave it using grayscale to vary the depth of the engraving. What you’re asking for it much more common with CNC machines using V-cutting bits (that’s what that image is from). To get a laser to clear the surrounding area with a nice smooth finish is quite hard.