EBMM already made a bass based on the idea of a smaller lightweight 4 string Stingray 5: The Sterling bass. The only difference was that it didn't have the teardrop style pickguard. The stingray 5 at the time had ceramic magnet pickups, while the Stingray 4 had Alnico pole pieces, and the two basses were almost different things.
Then in 2007-2008, EBMM came out with a Sterling 5 with Ceramic magnet pickups, and changed the pickups in the Stingray 5 to have Alnico pole pieces.
The bass you have pictured has the selector switch very close to the knobs with a "brick" shaped pickup. so it's most likely a ceramic Stingray 5 from the early 2000s