Upon returning one evening with an advance Christmas gift, Billy’s father cautions him against exposing it to water, bright light, and – most crucially – warns against any midnight snacks. This advice might have been manageable if not for a friend's unfortunate mishap that violated the rules. The consequence? One creature becomes two, then four, escalating into a larger group. Initially appearing adorable and huggable, these creatures cause no apparent trouble—until one indulges in a late-night bite, unleashing the menacing “Stripe,” who commands an army of ravenous and dangerous beings to wreak havoc on the town. Now, Billy and his friend Kate must figure out how to contain this furry situation before it spreads across the nation. Galligan portrays his all-American boy character adequately, while fans familiar with Warner Oland’s "Charlie Chan" films from the 1930s may be surprised to see Keye Luke looking so good as the wise man who understood the importance of leaving things undisturbed. However, the rest of the performances largely take a backseat to “Stripe,” who, like many of his kind, seems more at home in a world better suited for Sigourney Weaver. The film begins with a slightly cheesy feel, but once the action kicks off, it moves along entertainingly and features what is arguably the finest example of weaponized popcorn ever witnessed. There's an underlying commentary about humanity’s careless approach to things we don't comprehend—whether culturally or in nature. The romantic subplot between the main characters is understated, and the humor effectively blends slapstick with a pie-in-the-face style as we enjoy what was clearly designed to be a huge hit with toy retailers.

Source on TMDB