CARM — Stock Film
STOCK FILMSCENE 1/11CARM · $0.0009
Stock Expert AI presents
CARM
Carisma Therapeutics, Inc
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Carisma Therapeutics, Inc. What it actually does.

Develops chimeric antigen receptor (CAR) macrophages for solid tumor treatment. Engineers macrophages to target and destroy cancer cells. Now — the numbers.

on the stock market since 2014
46 employees
$38K market value
Revenue last year:
$19.6M
The loss that same year:
$60.5M
For every $1 it earns, the company spends $4.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 15% a year over the last 4 years. Red columns mark years that ended in a loss.

$11.2M
2020
2021
2022
2023
$19.6M
2024
In the vault right now:
$18.8M
DEBT: $2.5M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

Every quarter, analysts set a profit bar.
How many of the last 6 did the company clear?
3 / 6
EXPECTATIONS MET OR BEATEN
3
May 2024
Aug 2025
3 TIMES IN THE LAST 6 QUARTERS
A mixed scorecard.
What executives did with their own stock over the last 12 months:
6 buy5 sell

Executives buying with their own money is usually read as confidence in the company’s future.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 4 years, sales grew about 15% a year on average.

2
THE BRIGHT SIDE · 2/3
The product is selling

Sales run at $19.6M a year. A small number, but proof the product has real buyers.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 6 buys and 5 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $60.5M against $19.6M in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.0009. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
grade pending

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film