warp stablizer never finishes

After applying warp stablizer, the diplays never gets past the blue "analyzing in background" to the orange bar to finish.

Steps to reproduce:
    1. ...The first clip where warp stabilizer is applied worked fine, but the second time fails.
 
Result: ...
Expected: ...
 
System info
    Application: Premiere Pro (Beta) v24.1.0.21
    OS: Windows v10.0.22621, RAM: 63.68 GB GB, CPUs (logical): 20