No more mp3 mix down encodings

Cubase
,
1

I recently had to re-activate my cubase and update the license. Now when I go to

  1. File
  2. Export
  3. Audio Mix-Down
  4. Export

A message comes up with “No more encodings.” And I can not export my project into an mp3. I never had this issue until I renewed my licenses. Thank you!