Summary

Here’s an overview of what each license allows for to make it easy to pick what you need:

 StandardExtended
Number of end products11
Use for personal or a client✅✅
Use in a free end product
(Can have multiple users)
✅✅
Use in an end product that is “sold”
(Can have multiple paying users)
❌✅
Use in derivative themes or “generators”❌❌

More details about license read in here https://themeforest.net/licenses/standard