- SpongeBob SquarePants
- Patrick Star
- Squidward Tentacles
- Eugene H. Krabs
- Sandy Cheeks
- Sheldon J. Plankton
- Dream Plankton (many)
- Pearl Krabs
- Mrs. Puff
- French Narrator
- Bikini Bottomites
Mr. Krabs is asking SpongeBob and Squidward to keep their eyes peeled as it is the day that Plankton tries to steal the formula. However, after an extended period of time, he finds out Plankton has not come yet, so he tries to make an obvious path to bait Plankton. However, Plankton still does not come and Patrick activates a false alarm by confusing the formula bottle as ketchup.
SpongeBob and Squidward try to leave for the day but Mr. Krabs encourages them to stay and keep an eye on Plankton, but they sneak out after he is distracted. Mr. Krabs stays up all night but Plankton still does not come, and he starts to become paranoid himself. He mistakes a customer for Plankton and forces out the skeleton, hooks Mrs. Puff to take away her Krabby Patty, and forces everyone to wear barrels by suggestion of Squidward. Mr. Krabs bans all of his customers, Sandy, and even SpongeBob and Squidward just because he thinks that they are all minions of Plankton to hunt over the secret formula.
Mr. Krabs stays up all night again, and starts to hallucinate Plankton being everywhere (even his eyestalks). He checks on the Chum Bucket and finds that all of his friends, his daughter, and Old Man Jenkins are entering the Chum Bucket. SpongeBob informs Mr. Krabs that Plankton kidnapped Squidward (in an unnatural-sounding tone), and Mr. Krabs comes armed with Krabby Patties with traps in them.
Mr. Krabs comes to the Chum Bucket, thinking it’s a evil plot only to find it is a surprise party and that Plankton wanted to celebrate the anniversary of stealing the formula. SpongeBob explains everyone was planning the event, as Mr. Krabs regains his sanity and realizes that he had been a paranoid jerk all this time. He even realizes that his own insane behavior nearly destroyed his restaurant business and reconciles with everyone by apologizing for his cruel behavior, but since they knew that he was only trying to protect the secret formula, they naturally forgive him. However, when he sees everyone going to eat the Danger Patties, he rushes over and takes them back in order to protect them from getting hurt, causing Mr. Krabs to get painfully mauled by the patties as punishment for his behavior.
At the end of the party, the group leaves Chum Bucket, but Plankton finds out Mr. Krabs left the formula behind. However, the formula bottle has dynamite inside of it, and Mr. Krabs and SpongeBob both watch the Chum Bucket explode as the episode ends.
|( ‣ ) Associated production music|
|( • ) Original music|
|( ◦ ) SpongeBob music|
‣ Call of the Union Sabres - Frank Samuels [Opening]
‣ ? ["Hup, two, three, four! Hup, two, three, four! Krabby Patties are the best! They'll put hair on your chest!"]
‣ Harp Ding - Nicolas Carr ["Oh!"]
• Hot Steel and Slide Licks (k) - Jeremy Wakefield [SpongeBob is tired after three hours of guard duty]
‣ Sailor's Sting 1 - Michael Bolger, Nicolas Carr ["Any sign of Plankton?"]
‣ Harp Ding - Nicolas Carr [Krabs gets an idea]
‣ Lap Steel - Nicolas Carr [Transition to next scene]
‣ Show Fanfare 1 - David Lindup [Signs pointing to secret formula at the Krusty Krab]
‣ Spongeburglar - Nicolas Carr [Krabs hiding behind the cash register]
‣ Armed Attack - Jean Clero [Krabs thinks Plankton stole the secret formula]
• Hot Steel and Slide Licks (f) - Jeremy Wakefield [Patrick has the secret formula]
• Hot Steel and Slide Licks (k) - Jeremy Wakefield [Customers leave the Krusty Krab]
‣ Unknown Track 87 - SpongeBob and Squidward about to leave the Krusty Krab
‣ Armed Attack - Jean Clero ["And just where do you think you two are going?"/"...I'll be waiting for him."]
‣ Drama Link (c) - Hubert Clifford [Krabs laughs evily, while SpongeBob and Squidward leave the Krusty Krab]
‣ Vibe Q Sting - Nicolas Carr ["Hmm. I guess Mr. Krabs went home after all."]
‣ Noodly Shenanigans - Nicolas Carr, Barry Anthony [Krabs hiding on the Krusty Krab floor]
• Hot Steel and Slide Licks (k) - Jeremy Wakefield [Krabs rolls away]
‣ Cool Reception - Jack Beaver [Krabs makes customer's head open]
‣ Epic Struggle - Fredric Bayco ["Huh? I knew it! You in there, Plankton?!"]
‣ Cool Reception - Jack Beaver ["Mr. Krabs, it's not Plankton!"]
• Hot Steel and Slide Licks (a) - Jeremy Wakefield ["I will never set foot in this establishment again!"]
‣ Epic Struggle - Fredric Bayco [Krabs gasps]
‣ Dramatic Episode 2 - Kurt Rehfeld [Mrs. Puff leaving the Krusty Krab with take-out bag]
‣ Epic Struggle - Fredric Bayco ["Aha! Trying to sneak a Krabby Patty to Plankton, eh?"]
‣ Grass Skirt Chase - Sage Guyton, Jeremy Wakefield [Krabs makes customers wear barrels]
‣ Toy Piano - Nicolas Carr, Barry Anthony [Krabs takes a Krabby Patty off a baby's mouth]
‣ Straight from Hell - Gregor Narholz [Krabs bans all his customers and kicks them out of the Krusty Krab]
‣ ? [Someone knocks at the Krusty Krab door]
‣ Vibe Sting - Nicolas Carr ["Uh... A Krabby Patty?"]
‣ ? ["Why?"]
‣ Down in Davy Jones' Locker - Nicolas Carr ["I'm not falling for it. That's the worst squirrel suit I've ever seen."]
‣ Hot Steel and Slide Licks (VI) - Jeremy Wakefield [Krabs bans Sandy]
‣ Killer Birds - Gregor Narholz [Krabs going nuts]
‣ Hot Steel and Slide Licks - Jeremy Wakefield [SpongeBob and Squidward are banned]
‣ Parallel Dimension - Gregor Narholz [Krusty Krab is chained at night]
‣ ? [Chum Bucket commercial on TV]
‣ Drama Link (f) - Hubert Clifford [Krabs screams as he sees Plankton's shadow against the wall]
‣ Muscovite Rebellion - Paul Hart, David Arnold [Krabs hallucinates seeing Plankton everywhere/Krabs hallucinates seeing Plankton in the bathroom]
‣ Vibe Sting - Nicolas Carr [Krabs sees something]
‣ Four Evil Men (c) - Trevor Duncan [Krabs sees SpongeBob, Squidward, Sandy, Mrs. Puff, Patrick, Pearl and Old Man Jenkins sneaking into the Chum Bucket]
‣ Solo Steel - Jeremy Wakefield [Krabs cries]
‣ Quirky Tension B - John Epping [SpongeBob tells Krabs Squidward is kidnapped at the Chum Bucket/Krabs and SpongeBob enter the Chum Bucket]
‣ Star Premiere - Sammy Burdson, John Fiddy ["Surprise!"]
‣ Tentically Speaking - Sage Guyton, Jeremy Wakefield [Anniversary party of the first time Plankton tried to steal the secret formula]
‣ Unknown Track 88 - Krabs takes all the booby-trapped patties
• Hot Steel and Slide Licks (s) - Jeremy Wakefield [Krabs disintegrates]
‣ Wahini Wobble - Nicolas Carr, Sage Guyton, Jeremy Wakefield [Everyone leaves the Chum Bucket]
‣ Parting of the Clouds - Nicolas Carr [Krabs left at the Chum Bucket the secret formula]
• Hot Steel and Slide Licks (b) - Jeremy Wakefield [Plankton pulls out the cork]
‣ Wahini Wobble - Nicolas Carr, Sage Guyton, Jeremy Wakefield [Ending]
- In the storyboard art, Mrs. Puff is wearing bloomers. However, in the final product, she isn't wearing them.
- This episode marks the first usage of the APM track "Killer Birds" since "The Main Drain" and the first usage of "Wahini Wobble" since "Snail Mail."
- This is the second episode to have Mr. Krabs on the title card, as well as Plankton. The first is "Friend or Foe."
- Although, they were depicted as a drawing on the title card for "Oral Report."
- This is the second episode to have a close-up of a character's eyes on the title card. The first is "InSPONGEiac."
- Mr. Krabs' pupils on this title card are silhouettes of Plankton.
- Mr. Krabs owns a wristwatch of him smashing Plankton with a wooden mallet.
- The scene where Mr. Krabs turns blue and sees Plankton everywhere is a reference to the episode "Squeaky Boots." They even use the same music.
- Mr. Krabs and Mrs. Puff's relationship is mentioned in this episode, as she calls him by his real name.
- The scene where Mr. Krabs bans everything from the Krusty Krab with a rubber stamp is similar to a scene from the Chowder episode "Banned from the Stand." Chowder creator C.H. Greenblatt worked on SpongeBob SquarePants, so it's possible they're paying homage to one of their former staff and his show.
- When Mr. Krabs runs while several red Planktons surround him, it mirrors a scene from Disney's The Hunchback of Notre Dame during the song Hellfire, where Judge Claude Frollo is running from red, hooded figures.
- At the end, Mr. Krabs has a cast on his eye, but in the next shot of him, it disappears.
- In the episode "Plankton!" (when SpongeBob meets Plankton for the first time), Mr. Krabs claims that Plankton tried to steal the secret formula for years, and in "Plankton's Army," he said it was the 25th anniversary, but in this episode (SpongeBob knows Plankton), Plankton claims that it has been a year since he tried to steal the secret formula.
- However, it could be that Plankton meant a yearly event of stealing the formula.
- Mr. Krabs states that he and Plankton take their vacations together but in "Bucket Sweet Bucket," he is clearly seen taking a vacation alone.
- Mr. Krabs overreacting about everything that involves Plankton.
- Mr. Krabs stamping "BANNED" on characters.
- Squidward getting injured by SpongeBob with the mop or other things
- Mr. Krabs being injured by fireworks.