AXSM is fully supported since version 2 of o/PARASHOOT.
Requirements
Install the AXSM Drive Utility v3.3.0 or later from here: https://www.sonycreativesoftware.com/axsmdrive
Update your reader firmware:
NOTE: The AXS-CR1 USB reader has been discontinued and will not support o/PARASHOOT. Please use the AXS-AR1 or AXS-AR3.