RDM doesn't open

Hi,

When I click to launch RDM, it shows up in the background processes for a second or two, then disappears from task manager.

The Event viewer displays two errors.

1:
Application: RemoteDesktopManager.exe
CoreCLR Version: 9.0.1326.6317
.NET Version: 9.0.13
Description: The process was terminated due to an unhandled exception.
Exception Info: System.TypeInitializationException: The type initializer for 'Devolutions.RemoteDesktopManager.Managers.ApplicationManager' threw an exception.
---> System.TypeInitializationException: The type initializer for 'Devolutions.RemoteDesktopManager.Business.ApplicationIdleTimer' threw an exception.
---> System.IO.FileNotFoundException: Could not load file or assembly 'Devolutions.Licensing, Version=2025.12.4.41, Culture=neutral, PublicKeyToken=null'. The system cannot find the file specified.
File name: 'Devolutions.Licensing, Version=2025.12.4.41, Culture=neutral, PublicKeyToken=null'
at Devolutions.RemoteDesktopManager.Managers.ApplicationManager.get_Descriptor
at Devolutions.RemoteDesktopManager.Business.ApplicationIdleTimer..ctor()
at Devolutions.RemoteDesktopManager.Business.ApplicationIdleTimer..cctor()
--- End of inner exception stack trace ---
at Devolutions.RemoteDesktopManager.Business.ApplicationIdleTimer.add_ApplicationHeartbeat(EventHandler value)
--- End of inner exception stack trace ---
at Devolutions.RemoteDesktopManager.Managers.LogManager.LogError(String error)
at Devolutions.RemoteDesktopManager.Managers.LogManager.LogError(Exception e)
at Devolutions.RemoteDesktopManager.Program.Main(String[] args)


2:
Faulting application name: RemoteDesktopManager.exe, version: 2025.3.30.0, time stamp: 0x68270000
Faulting module name: KERNELBASE.dll, version: 10.0.26100.7824, time stamp: 0xad803701
Exception code: 0xe0434352
Fault offset: 0x00000000000ca80a
Faulting process id: 0x400C
Faulting application start time: 0x1DCA4B06C111C8A
Faulting application path: C:\Program Files\Devolutions\Remote Desktop Manager\RemoteDesktopManager.exe
Faulting module path: C:\WINDOWS\System32\KERNELBASE.dll
Report Id: 9c8e03fe-8ce5-4805-8ecd-4a5ffe1131c6
Faulting package full name:
Faulting package-relative application ID:



Please advise.