Hey all… few days later and I'm happy to report all is well.
I can't say for sure what the fix was but I reinstalled a program called ASIO4ALL to resolve another issue I was having and upon reboot it started working again.
I should note that Breakaway Broadcast was also active (both on Line 1) and I feared once I closed that the audio enhancer would no longer work, but that's not the case.
Sorry if my logic isn't quite right but figured I'd share everything as it might help someone else.