Audio Regions are gone but audio is still working

I am running into an audio issue on my timeline. The audio regions just stop displaying. If I play the clip I can still hear the audio when the regions end. Does anyone know how to fix this? I have redownloaded this clip from the source, deleted, readded it, started a new project file. I even raised and lowered the level of the audio and the regions still don't appear. The audio continues to work but the regions disappear. Any ideas?

Try making a copy of the clip with a new name, then import that.

[Dwaine Maggart]

Are you using Windows 11 build 22H2 and is the audio AAC?

[Dwaine Maggart]

The Windows 11 22H2 issue of AAC audio waveforms being incorrect is addressed in the 18.1 release which just became available.