I've been getting this error a lot:
I saved some states outside of a movie while in compatibility mode (TAS profile). Bizhawk then crashed and I restarted it. All the settings I had changed were back to default, presumably because it didn't terminate properly. When trying to load the states in compatibility mode I get this error, when trying to load them in performance mode it simply says "unable to load".
EDIT: In fact, I seem to get this error every time I play a movie, stop the movie, save a state and then try to load that state after a reboot, regardless of whether Bizhawk crashed.
I also frequently get this one the first time I go to "Play Movie" after loading a rom:
... and then the list of movies is empty, but if you go back and select play movie again it appears as normal. Just a mild annoyance...