"We have substantially shrunk down our operations but are still going strong while we work on a new IP, said SuperBot director of operations David Yang in an interview with Edge.
A previous source had said to Edge that the studio was in the process of being closed.
The Californian developer was formed in 2009, and so far has only worked on last year's PlayStation All-Stars Battle Royale.
"SuperBot Entertainment will continue working on projects that reflect our passion for games and our commitment to creating award winning titles. We are very excited about beginning the next chapter of our future and invite all of our fans and supporters to follow our journey," said Yang in February.