Yes. It's utterly useless now (and they aren't being introduced into existing ecosystem to my knowledge). They view it as a proof of concept for more recently extinct species as well as a potential tool for restoring species to ecosystems in the future as extinction events pick up speed.

However, it should be noted that extinction events are a symptom, not the core problem, so I'm not sure exactly where we'd restore extinct species to, since human use of the land is the root cause of most ecosystem collapses, and it's unlikely that they can rebuild populations in the places they died out of (and the land probably won't be yielded back anyway).

Super cool stuff that they did regardless, but can't figure out how it's going to accomplish what they seem to want to accomplish.