This is a completed toy designed for children and/or collectors.
From the Neca website:
From the classic 1980s movie "Gremlins," this adorable Gizmo plush can’t wait to entertain you! Just turn him on and watch him sing and dance. Gizmo features lifelike fur with plastic molded ears, hands and feet. He’s 2cm tall and almost 28cm from ear to ear. Uses two AA batteries, included. Be sure not to get him wet!