Reinstalling Windows on my laptop and desktop. What happens regarding user licences?

Reinstalling Windows on my laptop and desktop. What happens regarding user licences? I had 5 originally but have used two, one on my desktop and one on my laptop. So now I have 3 left. If I istall FS Protecion again, will this use the current licences even if they are the same devices? Or will I use up 2 of the 3 licences left?
And what happens if you run out of licences? Can they be transfered?
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Okay, thanks for that!