Crash log interpretation - Memory problem or other?

In the past week one of my programs have crashed on 5 different days. The crash log (below) is nearly the same for each crash, with line 2 missing in 2 crashes. Nothing has changed from the time before these started. System logs (below crash log) show about the same information just at/after the crash.

Would someone mind looking it over and share if this might be a memory thing, or some other obvious problem?

2006 Macbook, 10.7.5, Last updated in 2014. 4GB RAM

Thanks

Jim

Process: ProPresenter 5 [2905]

Path: /Applications/ProPresenter 5.app/Contents/MacOS/ProPresenter 5

Identifier: com.renewedvision.ProPresenter5

Version: 5.3.3 (13557)

Code Type: X86 (Native)

Parent Process: launchd [139]

Date/Time: 2016-05-22 22:36:37.824 -0400

OS Version: Mac OS X 10.7.5 (11G63b)

Report Version: 9

Interval Since Last Report: 3911054 sec

Crashes Since Last Report: 5

Per-App Interval Since Last Report: 3953912 sec

Per-App Crashes Since Last Report: 5

Anonymous UUID: 66713416-258A-48C9-87EF-EA5F9DE0444D

Crashed Thread: 0 Dispatch queue: com.apple.main-thread

Exception Type: EXC_BAD_ACCESS (SIGBUS)

Exception Codes: KERN_PROTECTION_FAILURE at 0x000000000000000c

VM Regions Near 0xc:

--> __PAGEZERO 0000000000000000-0000000000001000 [ 4K] ---/--- SM=NUL /Applications/ProPresenter 5.app/Contents/MacOS/ProPresenter 5

__TEXT 0000000000001000-00000000003a8000 [ 3740K] r-x/rwx SM=COW /Applications/ProPresenter 5.app/Contents/MacOS/ProPresenter 5

Application Specific Information:

TF->from:1 to:0

objc[2905]: garbage collection is OFF

Thread 0 Crashed:: Dispatch queue: com.apple.main-thread

0 com.apple.CoreFoundation 0x9089ecb2 -[__NSCFTimer userInfo] + 34

1 com.renewedvision.ProPresenter5 0x002ed6d8 -[RVRenderHandler updateAlphaValue:] + 103

2 com.renewedvision.ProPresenter5 0x002dad95 -[RVRenderTextHandler updateAlphaValue:] + 69

3 com.apple.Foundation 0x90cf1bab __NSFireTimer + 166

4 com.apple.CoreFoundation 0x907f22a6 __CFRUNLOOP_IS_CALLING_OUT_TO_A_TIMER_CALLBACK_FUNCTION__ + 22

5 com.apple.CoreFoundation 0x907f1c37 __CFRunLoopDoTimer + 743

6 com.apple.CoreFoundation 0x907d0cd0 __CFRunLoopRun + 1888

7 com.apple.CoreFoundation 0x907d01dc CFRunLoopRunSpecific + 332

8 com.apple.CoreFoundation 0x907d0088 CFRunLoopRunInMode + 120

9 com.apple.HIToolbox 0x95594543 RunCurrentEventLoopInMode + 318

10 com.apple.HIToolbox 0x9559b8ab ReceiveNextEventCommon + 381

11 com.apple.HIToolbox 0x9559b71a BlockUntilNextEventMatchingListInMode + 88

12 com.apple.AppKit 0x989a6ee8 _DPSNextEvent + 678

13 com.apple.AppKit 0x989a6752 -[NSApplication nextEventMatchingMask:untilDate:inMode:dequeue:] + 113

14 com.apple.AppKit 0x989a2ac1 -[NSApplication run] + 911

15 com.apple.AppKit 0x98c33ac5 NSApplicationMain + 1054

16 com.renewedvision.ProPresenter5 0x00003265 start + 53

System Log

5/22/16 10:36:39.459 PM com.apple.launchd.peruser.501: ([0x0-0x182182].com.renewedvision.ProPresenter5[2905]) Job appears to have crashed: Bus error: 10

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: AVF info: hasOfflineRenderer, borad-id check : false

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: AVF:PluginConnect: Got an error after dlopen dlopen(/System/Library/Extensions/AppleIntelGMA950VADriver.bundle/Contents/MacO S/AppleIntelGMA950VADriver, 1): no suitable image found. Did find:

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /System/Library/Extensions/AppleIntelGMA950VADriver.bundle/Contents/MacOS/AppleI ntelGMA950VADriver: mach-o, but wrong architecture

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: AVA_HD_GPU_LoadGPURenderers:: deleting plugin

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: Could not load /System/Library/Extensions/AppleIntelGMA950VADriver.bundle/Contents/MacOS/Apple IntelGMA950VADriver

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: AVF:PluginConnect: Got an error after dlopen dlopen(/System/Library/Extensions/AppleIntelGMA950VADriver.bundle/Contents/MacO S/AppleIntelGMA950VADriver, 1): no suitable image found. Did find:

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /System/Library/Extensions/AppleIntelGMA950VADriver.bundle/Contents/MacOS/AppleI ntelGMA950VADriver: mach-o, but wrong architecture

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: AVA_HD_GPU_LoadGPURenderers:: deleting plugin

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: Could not load /System/Library/Extensions/AppleIntelGMA950VADriver.bundle/Contents/MacOS/Apple IntelGMA950VADriver

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /SourceCache/AppleGVA/AppleGVA-3.1.9/Sources/Slices/Driver/AVD_loader.cpp: failed to get a service for display 2

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /SourceCache/AppleGVA/AppleGVA-3.1.9/Sources/Slices/Driver/AVD_loader.cpp: failed to get a service for display 3

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /SourceCache/AppleGVA/AppleGVA-3.1.9/Sources/Slices/Driver/AVD_loader.cpp: failed to get a service for display 4

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /SourceCache/AppleGVA/AppleGVA-3.1.9/Sources/Slices/Driver/AVD_loader.cpp: failed to get a service for display 5

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: /SourceCache/AppleGVA/AppleGVA-3.1.9/Sources/Slices/Driver/AVD_loader.cpp: failed to get a service for display 6

5/22/16 10:36:39.506 PM com.apple.cmio.VDCAssistant: error initializing gpu library

5/22/16 10:36:41.158 PM ReportCrash: Saved crash report for ProPresenter 5[2905] version 5.3.3 (13557) to /Users/jimmol/Library/Logs/DiagnosticReports/ProPresenter 5_2016-05-22-223641_churchlaptop-2.crash