Can't compile anything on Mac

Miscellaneous Forums/MacOS X Discussion/Can't compile anything on Mac

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I get the following error:

Compiling:simplephysics.bmx
sh: line 1: as: command not found
Build Error: Failed to assemble /Applications/BlitzMax/samples/digesteroids/.bmx/simplephysics.bmx.d.s



What am I doing wrong? Xcode 1.5 is installed as far as I know. I am running MacOS 10.3.8.