M1 Macbook Air - Crashing / Black screen only mouse pointer visble

MacOS Big Sur 11.2

M1,2020

16GB

Here is the report:

panic(cpu 0 caller 0xfffffe00153aafe8): "BNBMouseDevice::setPowerState(0xfffffe2334934fc0 : 0xfffffe0016cfffa0, 1 -> 0) timed out after 10296 ms"

Debugger message: panic

Memory ID: 0x6

OS release type: User

OS version: 20D64

Kernel version: Darwin Kernel Version 20.3.0: Thu Jan 21 00:06:51 PST 2021; root:xnu-7195.81.3~1/RELEASE_ARM64_T8101

Fileset Kernelcache UUID: F08F12DFF70C39DBC0CC09CC01116325

Kernel UUID: 9FE8C0DA-8ED0-381C-9CEC-2A779F3E1503

iBoot version: iBoot-6723.81.1

secure boot?: YES

Paniclog version: 13

KernelCache slide: 0x000000000d0b4000

KernelCache base: 0xfffffe00140b8000

Kernel slide: 0x000000000dbe8000

Kernel text base: 0xfffffe0014bec000

Kernel text exec base: 0xfffffe0014cb4000

mach_absolute_time: 0x8d0952426

Epoch Time: sec us