Unable to compile Android hello world on Netbeans

This is my very first post on this extremely helpful site!

After 30 minutes of Googling and discovering the very helpful automated search function as you type your question's name, I figured it's time I finally made an account and ask!

Alright, this is the first time I'm getting my hands dirty, and I saw hit with an error straight in my face, in the form of:

I understand some coding concepts, however I'm still extremely new and I'd like to learn what's causing this to happen from the helpful people on this site, thanks!

clean:
 Deleting directory C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\bin
 Deleting directory C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\gen
 Creating output directories if needed...
 Created dir: C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\bin
 Created dir: C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\bin\res
 Gathering info for AndroidApplication1...
 Android SDK Tools Revision 19
 Project Target: Google APIs
 Vendor: Google Inc.
 Platform Version: 2.3.3
 API level: 10
 ------------------
 Resolving library dependencies:
 No library dependencies.
 
 ------------------
 API<=15: Adding annotations.jar to the classpath.
 
 ------------------
 WARNING: No minSdkVersion value set. Application will install on all Android versions.
 Created dir: C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\gen
 Created dir: C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\bin\classes
 ----------
 Handling aidl files...
 No AIDL files to compile.
 ----------
 Handling RenderScript files...
 No RenderScript files to compile.
 ----------
 Handling Resources...
 Generating resource IDs...
 ----------
 Handling BuildConfig class...
 Generating BuildConfig class.
 Compiling 3 source files to C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\bin\classes
 Converting compiled files and external libraries into C:\Users\User\Documents\NetBeansProjects\AndroidApplication1\bin\classes.dex...
 Error: Could not create the Java Virtual Machine.
 Error: A fatal exception has occurred. Program will exit.
 Error occurred during initialization of VM
 Could not reserve enough space for object heap
 C:\Program Files\Android\android-sdk\tools\ant\build.xml:818: The following error occurred while executing this line:
 C:\Program Files\Android\android-sdk\tools\ant\build.xml:820: The following error occurred while executing this line:
 C:\Program Files\Android\android-sdk\tools\ant\build.xml:832: The following error occurred while executing this line:
 C:\Program Files\Android\android-sdk\tools\ant\build.xml:278: null returned: 1
 BUILD FAILED (total time: 3 seconds)
 

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