Uhm no...
Obviously component 'MSFLXGRD.OCX' or one of its dependencies is not correctly registered.

Or simply said, a file is missing or invalid.

So, to fix this you need to download MSFLXGRD.OCX here and place it in your System32 folder.

After that, open CMD.exe and type in regsvr32 msflxgrd.ocx and if you entered it right, it should say that it was correctly registered.