Bankrupt? No, I don't think so. They have experienced stock value losses in recent days (mostly due to Sony's decision it seems - not sure if that was quite the right action by Sony given that it seems a little extreme and also that panicky investors may not know the difference between a high-end PC, a PS5, a PS4, a VCR, and a toaster), but right now their stock seems to have mostly broken even for the year. And who knows if that will bounce back after the initial shock passes.

[rant]
With that said, it was completely foolish to try to release on consoles at this point - especially last-gen ones. They should have focused on PC and branched out from there. Had they done that, everything would probably be in a better state than it is now. From personal experience with similarly dicey product releases, it sounds like CDPR has some middle-management that spends all of their time with the advertising department, gives glowing reports to the higher-ups/investors/customers about how good things were going, and ignores the grunts who actually make the product and know what it looks like. Any managers like this at CDPR need to go. Bonus points if they're also the same managers that have been driving the dumb decisions relating to external stores in Galaxy.
[/rant]

It's not that complicated. More people own the older hardware than the newer hardware, so they have to make sure it works on the older hardware. Remember, this thing was delayed eight whole months, and that whole time was likely spent on making it work on the older consoles. They got it to the point where it worked fine enough on the enhanced consoles and, I guess, hoped that the people who were super interested in the game at launch either had an enhanced console or beat the bots to get next-gen.

This may be a bit off topic, but I've just finished a try session of GeForce NOW,
and I'm downright amazed how great it worked with my potato laptop connected to a crappy mobile connection.
Only tried F2P LOL, only once notified of unstable connection, everything was pretty flawless with no tempering of graphic settings.
I have no idea how Nvidia is able to keep this service basically free* and still make it completely competent,
Including delivering a great Cyberpunk 2077 experience, according to several videos and reviewers I recently came across.

CDPR should definitely check if they can sign a special deal with Nvidia to allow console buyers some way to use their copy with this service
(that does not currently support any console but works well with Steam/Epic/Origin/Uplay and presumably lists Gog as well as an option for the already featured there Cyberpunk 2077 - so there could be a way using a special gog id).
That would not even be a precedence - Witcher 3 was distributed with Nvidia cards, and they probably still keep a good relationship.

Such a move will also benefit PC owners that wish to get more than their current Rig allow, so Nvidia will get more audience,
While on the other hand keep most console buyers happy as they get another option to play if they choose not to refund.

* Completely free membership gives 1 hour time limit per session, but a session may be restarted nearly immediately.
Next level of membership costs about 5$ a month and gives much longer sessions, instantly available servers and RTX graphics.
I don't get how this can be cost effective for Nvidia, when it most likely cost more on server expenses alone,
and unlike Stadia. Nvidia gets no margin from Games run through it (which could change if struck a deal with CDPR).

What a cesspit GOG's forums became... The stentch of bypocrisy is strong here.

I was browsing some Winter Games after Cyberpunk, and Ubisoft Store has "Polski Beta", Pretty odd?

Ubisoft and CDPR merger actually sounds right, Ubisoft has the service, CDPR has the reputation of triple A gaming company.

It's very unlikely they'd go bankrupt. They've already starter fixing the game and will, in the end, polish it out. They have, however, gained a dent to their reputation which can have an impact on their future sales. How big that might be, remains to be seen, as, in the end, people have short memories and a lot of the current kerfuffle will be forgotten if and when CP2077 is properly patched out.

But I do suspect they might have gotten a bad rep among the console players from this and their future games might be a harder sell on those platforms.

I'd concur. Feel sorry for the devs who have had to work even on weekends only to have the game get rushed out prematurely. Cyberpunk 2077 is not a bad game, from what I have seen. CDPR's reputation has taken a massive hit and it could take years for them to bounce back.

I am not going to abandon GoG as long as they are DRM free. It's still my go-to platform for purchasing games. The management may see a change and, hopefully, it will be for the better. I just hope that CDPR survives this. They do have some talented writers and developers on-board.

What is done is done.

I doubt that. But this fiasco is definitely bleeding them big money and I can see them post-CP2077 trying to make a quick buck instead of focusing on another big 5-6 year AAA project like The Witcher 4. Maybe they'll do that F2P Cyberpunk multiplayer game, making it battle royale with endless cosmetic MTXs.

Another example how consoles ruin gaming in general.
Dent? Atm it looks like they are not an inch better than any other AAA publisher.And those are at the bottom.

Heres Polski Beta Website...

https://store.ubi.com/eu/home?lang=pl_PL

Couild mean absolutely nothing but maybe theres something going on.

Well, despite what's occurred recently, I hope CDPR and GOG continue to exist for a good long while and still fight the fight to have DRM free gaming for those of us who want DRM free games.

Hopefully, things will start to look better in the new year (2020 is 2020, a bad year by any reckoning, and seems so with GOG and CDPR and some of the choices they've made). When 2021 I hope things have better situations happening and things look up!

CDPR has endless hype and millons of fans despite doing many unsavory things over the course of many years. I doubt they would go bankrupt.

GOG itself on the other hand... I fear it may indeed go bankrupt, especially with all the people who are promising to boycott it due to the Devotion debacle.

IIRC, a year or two ago one of GOG's financial reports said they only made something like $8,000 USD profit for the year (but don't quote me on that number because I'm going based solely on my memory, so it could be a bit off).

GOG has very little leeway to keep screwing up and losing more customers.

And yet, they've been burning up their customers' prior favorable opinions of them very heavily, at an alarmingly fast pace, over the past year or so.

The Devotion debacle could well be the catalyst that leads to the bankruptcy of GOG within the next few years, unless they wise up and change direction real fast.

For once, we agree.

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Them releasing a statement regarding this mess would go a long way, it probably won't happen and radio silence is going to be all we get, but it would certainly smooth things over a bit.

I doubt gogs future is looking too grim. This is the 21st century, the outrage right now is going to be short-lived even though it is intense (only my oppinion). Many (not all) will just forget about it, either because there are bigger issues at hand or because it is convenient.

I myself came to terms with this mess, gog is a business, not our pal. They'll do whatever it takes to stay afloat and make profit.
This has been a fiasco and they handled the situation in a horrible way, but if you were in their shoes you'd almost certainly do the same, as in pick the lesser evil.
This doesn't mean that I support the way this played out.

P.S.: I just wanted to post my oppinion, I don't want to have a discussion about this, so if you decide to reply to my post, know that I most likely won't answer. :P

While the current situation is horrible, I think people are seriously overestimating its effective scale. CP2077 was already profitable on release day due to preorders. Even with massive amount of refunds this is not going to change. So the company turned a profit, it's the shareholders who are losing money.
It's a bit like with EA, Activision and Ubisoft. People have been constantly labelling them as a cancer of the industry for decades. Yet, here they are, doing what they were doing - making money despite the backlash.

As for GOG - how many people do you think will actually boycott this site over Devotion? The number is probably much lower than you imagine. I'd hazard a guess that most people aren't even aware of what happened. We will have to wait for some financial reports before any sort of accurate guess could be made. This reminds me of the Last of Us part 2 leaks. With that game's coverage you'd think that it would turn out to be a financial disaster. Things turned out differently.
If GOG goes down - it will be due to ancient site software, Goglaxy issues and sluggish support, not Devotion's rejection.