Proxmox VM Server Won't Load

Good morning all. I just installed a MineOS VM using Proxmox and have the server set up and trying to run. Here is the log and the point it keeps stopping at. I’m using 1.20.2.

[05:23:48] [ServerMain/INFO]: Environment: authHost=‘’, accountsHost=‘’, sessionHost=‘’, servicesHost=‘’, name=‘PROD’
[05:23:53] [ServerMain/INFO]: Loaded 7 recipes
[05:23:53] [ServerMain/INFO]: Loaded 1271 advancements
[05:23:54] [Server thread/INFO]: Starting minecraft server version 1.20.1
[05:23:54] [Server thread/WARN]: To start the server with more ram, launch it as “java -Xmx1024M -Xms1024M -jar minecraft_server.jar”
[05:23:54] [Server thread/INFO]: Loading properties
[05:23:54] [Server thread/INFO]: Default game type: SURVIVAL
[05:23:54] [Server thread/INFO]: Generating keypair
[05:23:55] [Server thread/INFO]: Starting Minecraft server on
[05:23:55] [Server thread/INFO]: Using epoll channel type
[05:23:55] [Server thread/INFO]: Preparing level “world”
[05:24:16] [Server thread/INFO]: Preparing start region for dimension minecraft:overworld
[05:24:41] [Server thread/INFO]: Stopping server

Here is a screenshot of my server properties:

I have 4GB of RAM assigned and it hasn’t gone over about 410MB during the process of starting up but I cannot get it to successfully load.

Now I get the following error instead of “Stopping Server”

[Netty Epoll Server IO #0/WARN]: An exceptionCaught() event was fired, and it reached at the tail of the pipeline. It usually means the last handler in the pipeline did not handle the exception.
java.lang.OutOfMemoryError: Java heap space