Currently, once you make an element a component, there is no way to revert it back to just a singular frame. The work around is to create an instance, detach the instance and then delete the original component.
The idea is to create a way to revert that component back to a frame without having to create and then detach an instance.
Is there a way to do this that I am missing? Or would this be a feature others would like as well to be added to Figma?