In a statement summarizing the financial results for the first half of the fiscal year, CDPR said that the game, codenamed Polaris (The Witcher 4), is nearing the end of pre-production.
Work on Polaris is progressing. The situation in our current projects this year is quite stable and they are progressing at a steady pace.
The Polaris team is maintaining the necessary scale to start the production phase soon, while our work on both announced and unannounced projects is still progressing.