Adobe Elements 2022 BUGGY!!!

I recently purchased a copy of Adobe Elements 2022. I'm working on a Mac with Catalina 10.15.7. It seems to work okay while using, but when I save and close the file (as PSD), much of my formatting disappears. The fonts are completely wonky (line spacing, colors, sizes completely wrong). The drop shadow styling is completely gone as well. That's at least an hour of work gone. Have to redo this all over again. This is extremely aggravating. I'm sorry I spent money on this software.