Code error on Lightburn software

I received a Lightburn update that I tried to install and now i can’t open my Lightburn software. I keep getting a VCRUNTIME_1.dll code. Does anyone know what that means or how i can correct it? I’m dead in the water right now. TIA

Known issue. Download a fresh copy of version 1.5.01 and that should fix it.

Will doing so lose my saved projects?

No, it only updates folders, not delete any of them.

Ok, thank you.