I was able to fix the problem. For anyone who happens to have this problem and finds this thread in the future, the solution is to install this:
https://learn.microsoft.com/en-us/cpp/windows/latest-supported-vc-redist?view=msvc-170

Source: https://github.com/Electrum-RVN-SIG/electrum-ravencoin/issues/71

I installed Electrum Neurai 0.2.0 on my Win10 x64 PC and it won't open. I run as admin, and the wallet never launches.

The weird thing is 0.2.0 used to work for me, but then I reformatted my SSD and installed all Windows updates, and now it is no longer working.

The previous version 0.1.0 opens however.

Here is a link to the github:
https://github.com/NeuraiProject/electrum-neurai/releases

Any help is appreciated.