Firebeetle ESP32 uploads but no response

Hello!

I am trying to connect Firebeetle ESP32 V4.0 to Arduino IDE 2.0.3. I would say my board is ESP32 IoT, but not sure. I have downloaded the drivers, and the board seems to be properly recognized. 

I can compile and upload the "Blink" sketch with no issues, and I get this message in the command window:

However, there is no response in the Board and LED doesn't blink. I have tried connecting a LED to other pins (13) and lighting it up, but it doesn't work either. I have also tried to re-sconnect the board. It seems as if the code was uploaded, but the board didn't react. I get the following in the Serial monitor every time it is uploaded:

ets Jun  8 2016 00:22:57

rst:0x1 (POWERON_RESET),boot:0x13 (SPI_FAST_FLASH_BOOT)

configsip: 0, SPIWP:0x00

clk_drv:0x00,q_drv:0x00,d_drv:0x00,cs0_drv:0x00,hd_drv:0x00,wp_drv:0x00

mode:DIO, clock div:1

load:0x3fff0008,len:8

load:0x3fff0010,len:1760

load:0x40078000,len:6668

load:0x40080000,len:252

entry 0x40080034

assertion "false && "item should have been present in cache"" failed: file "/Users/ficeto/Desktop/ESP32/ESP32/esp-idf-public/components/nvs_flash/src/nvs_item_hash_list.cpp", line 85, function: void nvs::HashList::erase(size_t)

abort() was called at PC 0x400d7533 on core 0

Guru Meditation Error: Core  0 panic'ed (abort)

Backtrace: 0x40008155:0x3ffc4710 0x40007d16:0x3ffc4730 0x400d5dcf:0x3ffc4760 0x400d6131:0x3ffc4780 0x400d6408:0x3ffc47c0 0x400d5bfb:0x3ffc4810 0x400d5aaa:0x3ffc4860 0x400d5af6:0x3ffc4880 0x400d06a7:0x3ffc48a0 0x400d74de:0x3ffc48c0 0x400d4b69:0x3ffc48f0

CPU halted.

Any suggestions on what I can do? What does CPU halted mean?

Thanks for your help :)