Optimize Rasters to create local raster proxies fails

I am running Optimize Rasters with local rasters to test the creation of raster proxies. The raster proxies are also local. The tool says it completes but the log indicates a failure.

Here is my very basic setup:

Here is my .orjob:

# version=v2.0.15/20250416
# config=C:/Image_Mgmt_Workflows/OptimizeRasters/UserTemplates/CreateRasterProxy_20250507081754.xml
# output=C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/Output
# tempinput=C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/Temp/
# input=C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/
# cache=C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/Cache/
# resume=True
# cloudupload=false
# op=report
# pyramids=true
SOURCE COPIED PROCESSED UPLOADED
C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/
C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/Merrimack_MA_2018_Relative_Relief.tif.xml yes
C:/Users/RDCHLCSS/Documents/PROJECTS/FY23_24_CIRP_InletGIS/Prototype_GDB/Test/Merrimack_MA_2018_Relative_Relief.tif no

Here is the result log:

Thank you for any guidance!