vROPS Licensing Question

Preparing to renew our vROPS (actually vCOPS 5.8.3) licensing and had a question regarding the way they work.

In our vROPS environment, VMs comprise only about half of our total collected hosts. We've integrated our SMARTS collections so that we're able to view the collected data/metrics in vROPS. Does the license account for these physical servers or is it only concerned with total collected VMs?

Thanks in advance.