We have an active ticket with our development team for an issue happening with a black original on images above 15,000 pixels, which I can see from your screenshot is your case.
The workaround, if you cannot work on a smaller file size, would be to go to a previous version:
We will circle back on this thread once a fix has been issued for this. Until then, unless you do not need to edit 15K pixels files anymore, this v3.0.4 will be the version to stay on.