Yes.

Audioloom plugins periodically check-in with our licensing servers to verify that your license is still valid. Because you have the option to deactivate your plugin from your Audioloom Licenses page, it's necessary for plugins to synchronize activations with your account.

Online-activated plugins need to be able to perform this check at least every 14 days. If a plugin can’t check with the server for longer than 14 days, then the plugin will be deactivated on your computer. You can simply reactivate the plugin by clicking Activate > Let's Go, then enter your Audioloom credentials if necessary.