Top off the the radiator and check the overflow bottle. If the water pump is not working, you will know it without a doubt. If the thermostat is stuck, then the pump is dead heading and you can get the same results. Take the radiator cap off and let it idle until it burps coolant from the filler neck, shut it off and fill the radiator, restart and watch the temp gauge and listen for the fan to come on. It will let you know if all is OK. The fan should come on at about mid-range on the temp gauge and the temperature gauge should NOT go up from there, never into the red. HTH, JD
PS you will need to remove the fuel tank and rig up an aux fuel supply so you can start the bike. Open the bleeder on the thermostat when you first start up and if you get a steady flow then the pump is OK.