Ok I found mention in another post that performing a factory reset can bring the audio back :
M5: Press and hold the TAP button and tap the Model Select knob to enter the setup menu. Tap the model select knob until you see the MIDI, Tempo and Gate functions. Turn the model select knob until the corresponding display shows RST FACT. Hold the On/Off switch and tap the model select knob twice to reset the M5.
(Taken from the Support - General FAQ)
Hope this helps.