Hello Jeremiah,
The build output log you sent shows that the assembler is trying to use Java RUNTIME version 16.0.2 which will not work.
My installation which works, shows the following from the build output log:
Java RUNTIME version used for PSC microcode is : 1.8.0_282
Java BUILD version used for PSC microcode is : 1.6.0_18
The Java runtime settings should point to the 1.8.0_xxx version of Java that you have on your computer.
Here is how it looks on my computer:

You should also check the JAVA_HOME environment variable and make sure it points to the jdk 1.8 directory:

Here is the output from my computer when I type java -version at the command prompt:
C:\Users\nxa21573>java -version
openjdk version "1.8.0_282"
OpenJDK Runtime Environment Corretto-8.282.08.1 (build 1.8.0_282-b08)
OpenJDK 64-Bit Server VM Corretto-8.282.08.1 (build 25.282-b08, mixed mode)
You should check this on your computer also to see that 1.8.0_xxx is being used.
One more thing. Please also check the PATH environment variable to make sure the 1.8.0_xxx version is listed first as it is on my computer:

I hope it helps.
Best regards,
Tomas