This is a plush teddy bear from Build A Bear, produced in 2021 (per the tag - see pictures). The bear has vertical rainbow-colored stripes. He/she has the Build A Bear (BAB) logo on one of his upper paws and the Crayola logo on his chest. This model of bear has white paws that change color when wet (the original bear came with a small paint brush used for this purpose, which is NOT included). See the pictures for a before and after (it doesn't take much water - we used a paper towel to test). He/she is approximately 16 inches tall.
While pre-owned, this cute bear is in nice shape. He/she does not have any damages (i.e., rips, tears, smells, stains, etc.). There is a small string on his/her back above the tail where I presume the bear was sewn together (see picture); you could remove it, but it's not super noticeable. His/her tag has a couple of tiny pinholes.
See pictures for more details.
If you have any questions, please let me know. Thanks for looking!