Certainly no Excel expert here, I know just enough of it to get myself in trouble ... LoL
Just doing a reverse image lookup of the image you provided came up with this ....
"In your OneDrive folder, a file icon with a file box icon appears in the lower-left corner.
Is your operating system Windows 11?
This icon indicates a sync failure in OneDrive on Windows 11, indicating that the file cannot be synced.
If you need to "resolve" this issue, try manually syncing. If syncing still fails, it may be due to network issues. You can try modifying your current network settings:
1. Right-click the Start icon and select "Command Prompt (Admin)." In the command prompt, enter "netsh winsock reset" and press Enter.
2. After successfully resetting the Winsock directory, restart your computer to complete the reset. Right-click "Network" and select Properties. In "Network and Sharing Center," select Change adapter settings.
3. In Network Center, right-click "WLAN" and select Properties. Select the IP4 protocol.
4. In IP protocol settings, set DNS to Manual selection.5. Enter 4.2.2.1 or 8.8.8.8 for the Primary DNS and 4.2.2.2 for the Secondary DNS, then click "OK.""