Intellij IDEA: Unrecognized VM option 'UseConcMarkSweepGC'

I installed Intellij IDEA from on my arch using yay. I worked fine but recently it started doing this:

john@arch-thinkpad ~ > intellij-idea-ultimate-edition
Unrecognized VM option 'UseConcMarkSweepGC'
Error: Could not create the Java Virtual Machine.
Error: A fatal exception has occurred. Program will exit.

How can I fix this problem so I can run intellij IDEA normaly like in good old times ? Thank you for help