Icon not showing in instance

I created my components in my library and one of the components has the option to show an image, a solid color or an icon. In my library, when I create an instance, all of the three options work great. When I add that component to a new file, only the image and solid colors work, the icon option doesn’t work. I’ve checked every single setting and it looks fine to me.

Here’s what it looks like when it’s working (in the library):


Screen Shot 2022-05-25 at 11.33.19

Here’s what it looks like when it is NOT working (in a new file):


Screen Shot 2022-05-25 at 11.35.33

Any thoughts?