This is a highly collectible minifigure from the Galidor series. This is Nick, a three-piece promotional figure that was released exclusively by McDonald's in 2002.
Galidor was an animated young adult / kid's space science fiction series that aired on Fox Kids and ABC Family. The series was partially produced by LEGO and so LEGO toy sets were produced along with the show. The show aired in 2002 over 26 half-hour episodes. The show followed the adventures of Nick Bluetooth, a 15-year-old with the ability to partially transform into other creatures or machines.