that just means that Cookie is disabled.
just click on Enable Automatic Removal in the menu or in the main window

ok,

your favorites file may be corrupted.
you can delete it, and re-select your favs.
this is what you need to do:

disable any Timers quit Cookie delete this file:
~/Library/Application Support/Cookie/Favorites.plist restart Cookie re-select your favorites re-enble any Timers

can you let me know if that helps

ah yes,
my license is pretty flexible, Im all for buy once use everywhere.
🙂