Thanks for your screen shots, finally I can reproduce this problem.
We are using same VTune Analyzer version, but you used "First Use Wizard"
There are two bugs when using "First Use Wizard",
1) It reported "export/home/ovexler/TestCPU/context has no debug information..." thatwas wrong, since we used "-g" compiler option
2)It reported "context is a text file..." thatwas wrong, because it is binary file.
This problemrarely happens, but you have a work around to use "Sampling Wizard" instead of "First Use Wizard" - the problem has gone.
Note that Sampling Wizard uses default events "CPU_CLK_UNHALTED.THREAD" and "INST_RETIRED.ANY", but First Use Wizard uses event "CPU_CLK_UNHALTED.THREAD" only. You canmodify sampling activity to add/remove any event...