I went through something similar 4 months ago, where having not used their product ever, I got around to updating and trying to use their product. My Sonar X3 Producer would not let me. All I remember right now is that I ended up writing their support team and letting them know that I had license to their single voice product because it was bundled in my Sonar X3 Producer when I bought it (4 years ago). I included the Serial Number to the product that was licensed to me in my Email to them, and be sure to use the same Email that they have on file for you, which I believe is important. (I have all those numbers saved in a separate document on a separate drive).
They responded by sending me a link to download an
updated version 4.1.1 from what initially was 2.x,
and gave me a new Serial Number, too. They made some improvements and they are still honoring their commitment to the version I had gotten originally. And you can install that file (4.1.1) on any of your other computers, the same way Cakewalk let's you install on any number of PC's, so long as you are only using one at a time.