I just got a Matrix x-spdif 2 and hooked up all the cables but it is not working. I get a green light on the matrix so it is working but a red light on the Directstream i2s display so the two devices are not connecting. I have tried 3 different hdmi cables and 2 usb cables with no success. I have also tried turning off the dac and powering up again with no change.
Is there something else that I should try?