{"url_path":"/sec/bbw/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-11","source_url":"https://www.sec.gov/Archives/edgar/data/1113809/0001437749-26-020239-index.html","accession_number":"0001437749-26-020239","cik":"0001113809","ticker":"BBW","issuer_name":"BUILD-A-BEAR WORKSHOP INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1113809/0001437749-26-020239-index.html","primary_entity_key":"0001113809","primary_entity_name":"BUILD-A-BEAR WORKSHOP INC"},"word_count":919,"has_tables":true,"body_markdown":"bbw20260417_10q.htm\n\n0001113809\nBUILD-A-BEAR WORKSHOP INC\nfalse\n--01-30\nQ1\n2027\n0.01\n0.01\n0.01\n15,000,000\n15,000,000\n15,000,000\n0\n0\n0\n0\n0\n0\n0.01\n0.01\n0.01\n50,000,000\n50,000,000\n50,000,000\n12,628,877\n12,628,877\n12,808,954\n12,808,954\n13,174,014\n13,174,014\n3\n5\n10\n0\n10\n0\n0\n0\n3\n3\nfalse\nfalse\nVoin Todorovic\nChief Financial Officer\ntrue\nApril 2, 2026\ntrue\nJanuary 29, 2027\nNarayan Iyengar\nDirector\ntrue\nMarch 20, 2026\ntrue\nFebruary 26, 2027\nSharon John\nChief Executive Officer\ntrue\nMarch 19, 2026\ntrue\nSeptember 2, 2026\nOther consists primarily of deferred financing costs related to the Company's credit facility.\nAccrued rent and related expenses consist of accrued costs associated with non-lease components.\nPrepaid taxes consist of prepaid federal and state income tax.\nVariable lease costs consist of leases with variable rent structures, which are intended to increase flexibility in an environment with expected high sales volatility and provide a natural hedge against potential sales declines.\nOverhead expenses contain selling, general and administrative expenses not attributable to a segment.\nOther includes wholesale and franchise businesses outside of North America and Europe.\nEurope includes corporately-managed locations in the U.K. and the Republic of Ireland and sales to wholesale customers in Europe.\nNorth America includes corporately-managed locations and sales to wholesale customers in the United States and Canada.\nPrepaid occupancy consists of prepaid expenses related to variable non-lease components.\nAdditional paid-in capital (“APIC”)\nEntertainment assets includes the direct costs, production overhead and development costs in producing entertainment assets such as films or music.\nPerformance-based restricted stock outstanding, granted, and forfeited are presented at 100% of target.\nSee cash, cash equivalents and restricted cash in Note 2 - \"Summary of Significant Accounting Policies\" for further discussion.\nAccumulated other comprehensive loss (“AOCI”)\nOther consists primarily of prepaid expense related to information technology maintenance contracts and software as a service.\nAccrued expense - other consists of costs associated with legal 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STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**WASHINGTON, DC 20549**\n\n \n\n \n\n**FORM 10-Q**\n\n \n\n**(Mark One)**\n\n**☒**\n\n**Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**\n\n \n\n \n\n \n\n**For the quarterly period ended May 2, 2026**\n\n \n\n**OR**\n\n \n\n**☐**\n\n**Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**\n\n \n\n \n\n \n\n**For the transition period from****            ****to****             **\n\n \n\n**Commission file number: 001-32320**\n\n \n\n \n\n**BUILD-A-BEAR WORKSHOP, INC.**\n\n**(Exact Name of Registrant as Specified in Its Charter)**\n\n \n\n \n\n**Delaware**\n\n**43-1883836**\n\n**(State or Other Jurisdiction of**\n\n**Incorporation or Organization)**\n\n**(IRS Employer**\n\n**Identification No.)**\n\n \n\n \n\n \n\n**415 South 18th St.**\n\n**St. Louis, Missouri**\n\n**63103**\n\n**(Address of Principal Executive Offices)**\n\n**(Zip Code)**\n\n \n\n**(314) 423-8000**\n\n**(Registrant’s Telephone Number, Including Area Code)**\n\n \n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each class\n\nTrading Symbol\n\nName of each exchange on which registered\n\nCommon stock\n\nBBW\n\nNew York Stock Exchange\n\n \n\n1\n\n[Table of Contents](#toc)\n\n \n\nIndicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes  ☒    No   ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes  ☒    No   ☐\n\n \n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer  ☐\n\nAccelerated filer ☒\n\n \n\n \n\nNon-accelerated filer ☐\n\nSmaller reporting company ☐\n\n \n\nEmerging growth company ☐\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐    \n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ☐    No   ☒\n\n \n\nAs of June 9, 2026, there were 12,537,443 issued and outstanding shares of the registrant’s common stock.\n\n    \n\n2\n\n[Table of Contents](#toc)\n\n \n\n \n\n**BUILD-A-BEAR WORKSHOP, INC.**\n\n**INDEX TO FORM 10-Q**\n\n \n\n \n\nPage\n\nPart I Financial Information\n\n \n\n \n\n \n\n \n\n[Item 1.](#bs)\n\n[Financial Statements (Unaudited)](#bs)\n\n[4](#bs)\n\n \n\n[Condensed Consolidated Balance Sheets](#bs)\n\n[4](#bs)\n\n \n\n[Condensed Consolidated Statements of Operations and Comprehensive Income](#income)\n\n[5](#income)\n\n \n\n[Condensed Consolidated Statements of Cash Flows](#cfs)\n\n[6](#cfs)\n\n \n\n[Notes to Condensed Consolidated Financial Statements](#Footnotes)\n\n[7](#Footnotes)\n\n \n\n \n\n \n\n[Item 2.](#mda)\n\n[Management’s Discussion and Analysis of Financial Condition and Results of Operations](#mda)\n\n[17](#mda)\n\n \n\n \n\n \n\n[Item 3.](#Item_3._Quantitative_and_Qualitative_Disclosures_about_Market_Risk)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#Item_3._Quantitative_and_Qualitative_Disclosures_about_Market_Risk)\n\n[25](#Item_3._Quantitative_and_Qualitative_Disclosures_about_Market_Risk)\n\n \n\n \n\n \n\n[Item 4.](#Item_4._Controls_and_Procedures)\n\n[Controls and Procedures](#Item_4._Controls_and_Procedures)\n\n[25](#Item_4._Controls_and_Procedures)\n\n \n\nPart II Other Information\n\n \n\n \n\n \n\n[Item](#Item_1A._Risk_Factors) [1A.](#Item_1A._Risk_Factors)\n\n[Risk Factors](#Item_1A._Risk_Factors)\n\n[26](#Item_1A._Risk_Factors)\n\n \n\n \n\n \n\n[Item 2.](#Item_2._Unregistered_Sales_of_Equity_Securities_and_Use_of_Proceeds)\n\n[Unregistered Sales of Equity Securities and Use of Proceeds](#Item_2._Unregistered_Sales_of_Equity_Securities_and_Use_of_Proceeds)\n\n[26](#Item_2._Unregistered_Sales_of_Equity_Securities_and_Use_of_Proceeds)"}