Well... ok so it doesn't work, but you probably knew that already. The main reason is the same one that hurt the first 'Tomb Raider' movie, from which it lifts various bits of it's plot.
It needs to give it's hero some weight, so there's some family tragedy and unresolved daddy issues, then it needs some villains, so we have the Knight's Templar rather than the Illuminati. They're after a mystical artefact but exactly what it does or where it came from is glossed over and the film just tries to use it as a McGuffin to propel the story.
And that's a problem because all of these film are made in the shadow of 'Raiders of the Lost Ark' and the Ark is a lot more than a McGuffin. It has agency, it actually (and famously) influences the plot directly. The same is true of The One Ring in 'Lord of the Rings'. The object is more than just an object.
You can build a spy thriller around a list of names or the plans for a weapon and the story doesn't need any more detail about it than that, but when you're bigging up the POWER of something then we need to see that power and it needs to make sense in the context of the story and it's world.
Leaving all that aside though, the film is also overly complicated and a bit of a slog. There are only a couple of twists or surprises, mostly the film just plods through it's story, being flashy and blowing stuff up. The action is ok, with some cool moments and it looks good, if a bit old fashioned now; like early 2000's Tony Scott.
And it's really dour, a few jokes please? For a bit of scifi/mystical nonsense it takes itself really bloody seriously!
So, another game adaption that's a lot less fun than playing the game. Unfortunately.