My GOM Player is showing a message while opening a media file

Hi Experts,
My GOM Player is showing a message while opening a media file. It failed to open the file. Have a look at the message below. However, I can open the file with VLC Media Player. Have you any idea for the issue?
Please help.

Cannot play the media file
You don’t have necessary codec to play.
Please, click “Find Codec” button to the right side.
Codec Finder will help you to install Codec.
If Codec Finder cannot find the appropriate codec, check your file first. It may be damaged or fake file.
