There's a reason we put a big red box on the page when you enable VM activations for TFS. Short answer: don't do it, ever. Longer answer: yes, you'll get that problem (as well as other problems) as described in the documentation: https://wyday.com/limelm/help/vm-hypervisor-licensing/
Instead, either use the TFS on a real machine. Or spin up a hosted TFS instance (out very soon): https://wyday.com/licensechest/help/create-tfs-instance/
The TurboFloat Library (inside your app) *can* be used on VMs (or real machines). It was designed for it.