<SUBMISSION>
<ACCESSION-NUMBER>0001005477-07-000295
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20051004
<FILING-DATE>20070111
<DATE-OF-FILING-DATE-CHANGE>20070111
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>BUILD A BEAR WORKSHOP INC
<CIK>0001113809
<ASSIGNED-SIC>5945
<IRS-NUMBER>431883836
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>0101
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>1954 INNERBELT BUSINESS CENTRE DRIVE
<CITY>ST LOUIS
<STATE>MO
<ZIP>63114
<PHONE>314-423-8000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1954 INNERBELT BUSINESS CENTRE DRIVE
<CITY>ST LOUIS
<STATE>MO
<ZIP>63114
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Endowment Capital Group, L.P.
<CIK>0001297571
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-32320
<FILM-NUMBER>07525924
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1105 NORTH MARKET STREET
<STREET2>15TH FLOOR
<CITY>WILMINGTON
<STATE>DE
<ZIP>19801
<PHONE>302-472-8000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1105 NORTH MARKET STREET
<STREET2>15TH FLOOR
<CITY>WILMINGTON
<STATE>DE
<ZIP>19801
</MAIL-ADDRESS>
<FORMER-NAME>
<FORMER-CONFORMED-NAME>Endowment Management LP
<DATE-CHANGED>20060123
</FORMER-NAME>
<FORMER-NAME>
<FORMER-CONFORMED-NAME>Endowment Management, LLC
<DATE-CHANGED>20040716
</FORMER-NAME>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-10-04</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001113809</issuerCik>
        <issuerName>BUILD A BEAR WORKSHOP INC</issuerName>
        <issuerTradingSymbol>BBW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001297571</rptOwnerCik>
            <rptOwnerName>Endowment Capital Group, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1105 NORTH MARKET STREET</rptOwnerStreet1>
            <rptOwnerStreet2>15TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>WILMINGTON</rptOwnerCity>
            <rptOwnerState>DE</rptOwnerState>
            <rptOwnerZipCode>19801</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former 10% Owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2005-10-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>0</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By limited partnerships</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Endowment Capital, L.P., and Long Drive, L.P., each a Delaware limited partnership (collectively, the &quot;Limited Partnerships&quot;), own in the aggregate 2,239,200 shares of the Common Stock, $0.01 par value per share (the &quot;Shares&quot;), of Build-A-Bear Workshop, Inc., a Delaware corporation (the &quot;Company&quot;) as of October 4, 2005 (the &quot;Reporting Date&quot;).  Endowment Capital Group, LLC, a Delaware limited liability company (&quot;Endowment LLC&quot;), is the sole general partner of each of the Limited Partnerships.  Mr. Philip C. Timon is the sole managing member of Endowment LLC.  As a result, Mr. Timon possessed the sole power to vote and the sole power to direct the disposition of the Shares held by the Limited Partnerships.</footnote>
        <footnote id="F2">Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Endowment Management, LLC, a Delaware limited liability company (&quot;Management&quot;), is deemed to beneficially own no Shares, or approximately 0.0% of the Shares deemed issued and outstanding as of the Reporting Date.  Management's interest in the Shares is limited to its pecuniary interest, if any, in the Limited Partnerships.  This Form 4 does not represent a purchase or sale of the Shares, but merely reflects an amendment and restatement of the reporting structure set forth in the Form 3 filed with the Securities and Exchange Commission (the &quot;SEC&quot;) on October 6, 2005 on behalf of Management, in that only Mr. Timon, not Management, is a reporting person with respect to the Shares held by the Limited Partnerships as of the Reporting Date.</footnote>
        <footnote id="F3">On June 15, 2006, Mr. Timon caused to be filed with the SEC a Form 3, which sets forth that only Mr. Timon is the reporting person for the Shares held by the Limited Partnerships as of the Reporting Date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Philip C. Timon, in his capacity as sole managing member of Endowment Capital Management, LLC, the sole general partner of Endowment Capital Group, L.P.</signatureName>
        <signatureDate>2007-01-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
