I'm running the latest logic pro with microtonic as an AU instrument on a softeware track, and when i hit record and play, the microtonic starts playing and I can hear audio, but no audio is recorded. The output of the track is set to the default stereo. What am I missing?

Got the same issue...have you found any clue how to resolve it?
Using Logic Pro 10.7.4 on Mac Os Monterey

I created a bus for Microtonic and then recorded the audio from that. I'm on a deadline so there may be a better way, but this was my quick and dirty solution.