A little beetle and a caterpillar are friends having a picnic and watching the moon on a cliff. One day the caterpillar is gone and the beetle is sad. Looking for its friend, it sees some red in the distance and sets off to look for its friend. In the illustrations, the reader can see that the caterpillar has built a chrysalis on the underside of the cliff out of view of the beetle. He encounters a crow and a frog, but it is not afraid. Once the beetle reaches the red, it sees that it was wrong. Soon a butterfly comes along and looks very familiar and it realizes that it is the friend.
The illustrations are black and white, but the caterpillar and butterfly are in red. The illustrations are striking in this story about friendship.