I don't see mention of dropped frames in the log.
However, what I did see was skipped frames (which would normally indicate high CPU usage), then I saw this:
[...] logical cores 1, total cores 1
It seems that somehow, you or something else on the system set the program to only run on one thread/core. This is most likely why you're having issues. Remove the process affinity setting in task manager to fix the problem.
