Newbie: Can't run B4A app in emulator

It's been almost 5 years since I used B4A so I decided to download the most recent eval and have a go.
I have the Android Emulator using HW Acceleration. I'm using Win7 and running as Administrator user.

Everything installed fine, but when I try to compile and run an app in the Android Emulator by pressing F5, I get:

B4A version: 5.80
Parsing code. (0.00s)
Compiling code. (0.25s)
Compiling layouts code. (0.00s)
Generating R file. (1.33s)
Compiling debugger engine code....

Newbie: Can't run B4A app in emulator

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