That's the message that displays, it flicks on and off repeatedly with an audible clicking too.
I've unplugged the power supply and put it back in, has the locking pins turned and seated correctly, no silver showing. The other features all work OK, line out and 6.35mm headphone output. Just the IEM port that causes the issue.
Just tried again as I checked the the buds I used and were dead on one side. So found my old sony buds, checked on my phone first, no issue played fine, plugged them into the DAC, power issue didn't show, horrible crackling in the right side, left bud warmed up to the touch and when putting back into the phone the right driver is dead.
Not putting anything else near it, I hope it didn't kill my IEMs, I thought the protection within it should prevent this.
Edit: Sadly it has killed those as well, one side is less than half as loud than the other, includes when switching cables... Sony's are cracking away like they're in a frying pan and the cheap buds knackered too.
Lesson to anyone else, if the power error message pops up when using the IEM out, get the IEMs out ASAP and do not put anything in the port.
Hopefully RME will repair and find the cause.