Error [ERR_REQUIRE_ESM] at require("nanoid") in conf.js

[SureshKarthik]

nCube-Thyme-Nodejs/conf.js

Line 16 in e377ba1

var nanoid = require("nanoid");

node thyme.js
nCube-Thyme-Nodejs\conf.js:16
var nanoid = require("nanoid");
^

Error [ERR_REQUIRE_ESM]: require() of ES Module nCube-Thyme-Nodejs\node_modules\nanoid\index.js from nCube-Thyme-Nodejs\conf.js not supported.
Instead change the require of index.js in nCube-Thyme-Nodejs\conf.js to a dynamic import() which is available in all CommonJS modules.
at Object. (nCube-Thyme-Nodejs\conf.js:16:14)
at Object. (nCube-Thyme-Nodejs\thyme.js:20:15) {
code: 'ERR_REQUIRE_ESM'
}

Node.js v18.12.1

[SureshKarthik]

Same issue is observed in latest stable Node.js v18.15.0