Hello,
Please follow the steps:
1. Go to Dashboard -> WoodMart -> Theme License and deactivate the theme.
2. Go to Dashboard -> Updates and click on Check Again.
3. Activate the theme with your purchase code again.
4. Try to update the theme via Appearance -> Themes or via Dashboard -> Updates.
If it does not help, make the full backup of your site and update via FTP https://xtemos.com/docs/woodmart/update-theme-2/
If still you will not be able to update then please share the site WP Admin and FTP Login details in a private content area of this topic so that I’ll update the Theme for you.
Best Regards.