How to fix missing variant issue in Venue theme?

I currently have the Venue theme installed and I’m trying to figure out an issue with the variants.

Our current products only have 2 variant options (size & layout) so they both show up on the site, however, I’m adding a new product that includes 3 variant options (frame, size, & border) but one of the three options does not show up when the product is live. I’ve attached a picture to explain what I mean.

I’m pretty sure the issue is buried in the code however, I can’t seem to figure out how to fix it. Has anyone else had this issue before? Any advice on how to fix it?