Companion conversations are kind of iffy right now.
Started off by running 4 instances of the game to create 4 characters by myself. Got the Red Prince and Lohse, plus a custom lizard and custom dwarf. Once I made a save in the tutorial area, I closed the 3 other instances and played the game normally as single player.
Didn't try striking up any conversations with companions until reaching Fort Joy.
Whilst using the custom lizard to speak to the Red Prince, it still starts with the dialogue of him standing on the rock staring out to sea like in the previous early access version, with a few new references to the tutorial ship. This is odd, considering he's already been an active party member since the start of the game and we've gained enough XP to reach level 3. He even asks what class to become. Picking a class resets his stats (except health) and skills to level 1, but he remains a level 3 character. If I speak to him again, the conversation reverts to the beach all over again.
Same issue with Lohse, except that at the end of it, she says that the party is full and cannot join me. Even though she's already a party member.
Also, I cannot dismiss any party members. Lohse and Red Prince keep looping back to their first-ever dialogue choices, and custom characters aren't even clickable for conversation.