binwalk fails to extract after filename/extension confusion about binwalk HOT 3 OPEN

# First, we use the command provided:
> binwalk --run-as=root -e IMAGE

Extractor Exception: In order to execute third party applications as root, binwalk must be run with root privileges.
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Traceback (most recent call last):
  File "/opt/homebrew/Cellar/binwalk/2.3.4/libexec/lib/python3.11/site-packages/binwalk/core/module.py", line 258, in __init__
    self.load()
  File "/opt/homebrew/Cellar/binwalk/2.3.4/libexec/lib/python3.11/site-packages/binwalk/modules/extractor.py", line 160, in load
    raise ModuleException("In order to execute third party applications as %s, binwalk must be run with root privileges." % self.runas_user)
binwalk.core.exceptions.ModuleException: In order to execute third party applications as root, binwalk must be run with root privileges.
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# So now we elevate our privileges and get the error on the exact same file which triggered this initial report
# Note: many other things extract successfully, as expected
> sudo binwalk -eM --run-as=root IMAGE
...
Signature Exception: [Errno 2] No such file or directory: '/tmp/_IMAGE.extracted/_OFFSET.extracted/FILENAME'
...traceback...