Cannot run android apps on MAC OSX Lion

I am using OSX Lion, Ti SDK 2.0.1 GA, Android runtime V8, Ti Studio Build: jenkins-titanium-rcp-master-218 (origin/master)

And I cannot get andoid apps to compile/run on the simulator or phone. Clicking run ends up in the following erroer :

[ERROR] Exception occured while building Android project:
[ERROR] Traceback (most recent call last):
[ERROR]   File "/Users/Juan/Library/Application Support/Titanium/mobilesdk/osx/2.1.0.GA/android/builder.py", line 2212, in <module>
[ERROR]     s.build_and_run(True, avd_id, device_args=device_args)
[ERROR]   File "/Users/Juan/Library/Application Support/Titanium/mobilesdk/osx/2.1.0.GA/android/builder.py", line 1903, in build_and_run
[ERROR]     self.copy_project_resources()
[ERROR]   File "/Users/Juan/Library/Application Support/Titanium/mobilesdk/osx/2.1.0.GA/android/builder.py", line 684, in copy_project_resources
[ERROR]     self.project_deltafy = Deltafy(resources_dir, include_callback=self.include_path)
[ERROR]   File "/Users/Juan/Library/Application Support/Titanium/mobilesdk/osx/2.1.0.GA/android/deltafy.py", line 108, in __init__
[ERROR]     self.conn.execute('create table if not exists timestamps (path text, modified timestamp)')
[ERROR] DatabaseError: database disk image is malformed

Any help is much appreciated.

Got it fixed by deleting .deltfay under Users/user/

Have seen it with corrupted sqlite databases.