Component is invisible after app returns to active state from background state

I have a simple React Three Fiber component in my React Native app. It works how I want it too. There is one problem, when the app is sent to the background and then returned to an active state the component becomes invisible:

I can see it, just for a few milliseconds, when the app returns to an active state from the background, but it then disappears. I can see that useFrame() starts returning frames when the app becomes active again (seen as an incrementing count, x, and y values in my test), so it looks like some parts are still working behind the scenes, but nothing is visible.

Has anyone experienced a similar issue?