How can we run the flutter app in iOS simulator from Macbook Air M1?

I’m new to flutter, i’ve put in Android studio and Xcode 14.0.1 already.
I’m able to run the app on precise iOS system from Xcode which is working tremendous,
additionally similar it is working from Android studio for Android Gadget.

However when i’m attempting to run the iOS Runner within the simulator it is throwing some error as

Right here is the screenshot of that error.

Particulars

Utility launch for 'com.lifting.recording didn't return a sound pid nor a launch error.
Area: NSPOSIXErrorDomain
Code: 3
Failure Motive: No such course of
Consumer Data: {
    DVTErrorCreationDateKey = "2022-11-04 09:16:50 +0000";
    IDERunOperationFailingWorker = IDELaunchiPhoneSimulatorLauncher;
}
--

Analytics Occasion: com.apple.dt.IDERunOperationWorkerFinished : {
    "device_model" = "iPhone15,2";
    "device_osBuild" = "16.0 (20A360)";
    "device_platform" = "com.apple.platform.iphonesimulator";
    "launchSession_schemeCommand" = Run;
    "launchSession_state" = 1;
    "launchSession_targetArch" = arm64;
    "operation_duration_ms" = 1472;
    "operation_errorCode" = 3;
    "operation_errorDomain" = NSPOSIXErrorDomain;
    "operation_errorWorker" = IDELaunchiPhoneSimulatorLauncher;
    "operation_name" = IDERunOperationWorkerGroup;
    "param_consoleMode" = 0;
    "param_debugger_attachToExtensions" = 0;
    "param_debugger_attachToXPC" = 1;
    "param_debugger_type" = 3;
    "param_destination_isProxy" = 0;
    "param_destination_platform" = "com.apple.platform.iphonesimulator";
    "param_diag_MainThreadChecker_stopOnIssue" = 0;
    "param_diag_MallocStackLogging_enableDuringAttach" = 0;
    "param_diag_MallocStackLogging_enableForXPC" = 1;
    "param_diag_allowLocationSimulation" = 1;
    "param_diag_checker_tpc_enable" = 1;
    "param_diag_gpu_frameCapture_enable" = 0;
    "param_diag_gpu_shaderValidation_enable" = 0;
    "param_diag_gpu_validation_enable" = 0;
    "param_diag_memoryGraphOnResourceException" = 0;
    "param_diag_queueDebugging_enable" = 1;
    "param_diag_runtimeProfile_generate" = 0;
    "param_diag_sanitizer_asan_enable" = 0;
    "param_diag_sanitizer_tsan_enable" = 0;
    "param_diag_sanitizer_tsan_stopOnIssue" = 0;
    "param_diag_sanitizer_ubsan_stopOnIssue" = 0;
    "param_diag_showNonLocalizedStrings" = 0;
    "param_diag_viewDebugging_enabled" = 1;
    "param_diag_viewDebugging_insertDylibOnLaunch" = 1;
    "param_install_style" = 0;
    "param_launcher_UID" = 2;
    "param_launcher_allowDeviceSensorReplayData" = 0;
    "param_launcher_kind" = 0;
    "param_launcher_style" = 0;
    "param_launcher_substyle" = 0;
    "param_runnable_appExtensionHostRunMode" = 0;
    "param_runnable_productType" = "com.apple.product-type.utility";
    "param_runnable_type" = 2;
    "param_testing_launchedForTesting" = 0;
    "param_testing_suppressSimulatorApp" = 0;
    "param_testing_usingCLI" = 0;
    "sdk_canonicalName" = "iphonesimulator16.0";
    "sdk_osVersion" = "16.0";
    "sdk_variant" = iphonesimulator;
}
--

System Info

macOS Model 12.6 (Construct 21G115)
Xcode 14.0.1 (21336) (Construct 14A400)
Timestamp: 2022-11-04T14:46:50+05:30

Can anybody assist me on this?

Any assist can be appreciated,
Thanks upfront.