Cam Link 4K capture device - Stuck in "Warning: Initializing..."

Hey everyone! I just started learning TouchDesigner. I have 3 cameras that I use: two webcams and one video camera connected to the Cam Link 4K Elgato device. When I attempt to select the Cam Link 4K as my video device for my “video device in” operator, it just sticks on “Warning: Initializing.” My two webcams work fine. I have exited all other programs and restarted my computer assuming that maybe another program was using the cam link, but it still doesn’t work. I checked all my start up programs as well.

The Cam Link 4K works normally with OBS as a selected device so it doesn’t seem like there’s a problem with the actual hardware. I looked all over google trying to find similar issues but didn’t find much. I’m super green and hoping some one can point me in the right direction. Do I need to buy a different capture device? Thanks all!

In case anyone ends up having this same issue, I purchased a $30 4k video capture device on amazon and it worked flawlessly. Might be some sort of compatibility issue with between TD & the Elgato Cam Link 4K.