Virtual Box 6.1 ERROR: How to Fix Acceleration page

I have run the subject VM and transferred it several times in the past years between Ubuntu 16.04 and Ubuntu 18.04 on my laptop. I built this new Desktop computer and am trying to transfer my VM to it from the laptop. It will not run - showing errors as shown in the attached info. I have no clue as to what the error is talking about let alone how to fix it or disable it or what. Thanks in advance for help in resolving this.


DETAILS:

VirtualBox Graphical User Interface Version 6.1.10_Ubuntu r138449
(C) 2004-2020 Oracle Corporation (Qt5.12.8)
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Invalid Settings Detected

System: Acceleration page:
The hardware virtualization is enabled in the Acceleration section of the System page although
it is not supported by the host system. It should be disabled in order to start the virtual system.
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My System:

Host: rick-MS-7C02 Kernel: 5.4.0-56-generic x86_64 bits: 64
Desktop: MATE 1.24.0 Distro: Ubuntu 20.04.1 LTS (Focal Fossa)

Machine:

Type: Desktop System: Micro-Star product: MS-7C02 v: 1.0
serial: <superuser/root required>
Mobo: Micro-Star model: B450 TOMAHAWK MAX (MS-7C02) v: 1.0
serial: <superuser/root required> UEFI: American Megatrends v: 3.70 date: 06/09/2020

CPU:

Quad Core: AMD Ryzen 5 3400G with Radeon Vega Graphics type: MT MCP speed: 1252 MHz

Graphics:

Device-1: AMD Picasso driver: amdgpu v: kernel
Display: x11 server: X.Org 1.20.8 driver: amdgpu,ati
unloaded: fbdev,modesetting,vesa tty: N/A
OpenGL: renderer: AMD RAVEN (DRM 3.35.0 5.4.0-56-generic LLVM 10.0.0) v: 4.6 Mesa 20.0.8
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