No problem.
There are some messages about internal and 2 sd-cards in slots going wrong, internal disappearing with 2 or just one sd-card in slot, etc. Have you tried resetting the player when both sd slots empty. Maybe try it several times, had troubles myself after a fw upgrade and missing icons which took several resets.
Your screenshots show about the same as what I see in disk management, exFAT formatted and folder structure wise. Still, you may want to try to reflash the firmware.
If you right-click internal in disk management, then properties - hardware, you should see three Linux File-Stor usb gadget devices, all mbr partition style volumes with 0, 38xx and 12xxx mb size. All with 0 mb unallocated, check that too (properties - volumes - populate)