Metadata & Timecode Burn-in Beta 22.5.0 (Build 8) - Timecode not matching in Source Window

File Properties
Type: QuickTime Movie

File Size: 16.87 GB

Image Size: 4096 x 2160

Frame Rate: 59.94 Source

Audio Format: 48000 Hz - Compressed - Stereo

Project Audio Format: 48000 Hz - 32 bit floating point - Stereo

Total Duration: 00:01:56:20

Pixel Aspect Ratio: 1.0

Alpha: None

Color Space: Rec. 709

Color Space Override: Off

Input LUT: None

QuickTime Details: Movie contains 2 video track(s), 1 audio track(s), 0 closed caption track(s), and 1 timecode track(s).

Video: There are 6980 frames with a duration of 1001/60000ths.

Video track 1: Duration is 0:01:56:26 Average frame rate is 59.95 fps Video track 1 contains 1 type(s) of video data:

Video data block #1:

Frame Size = 4096 x 2160

Compressor = Apple ProRes 422

Quality = Most (5.00)

Video track 2: Duration is 0:01:56:26

Average frame rate is 59.95 fps

Video track 2 contains 1 type(s) of video data:

Video data block #1: Frame Size = 1280 x 674

Compressor = IMVT HEVC

Quality = Least (1.00)

Audio:

Audio track 1 contains 1 type(s) of audio data:

Audio data block #1: Format = 16 bit - Stereo Rate = 48000 Hz Compressor = mp4a Timecode: Timecode track 1 contains 1 type(s) of data: Timecode data block #1: Start Time = 08:28:04:44 Reel name = 007
 

System info
    Application: Premiere Pro (Beta) v22.5.0.8
    OS: macOS v12.3.1, RAM: 64.00 GB GB, CPUs (logical): 8

Using the Metadata & Timecode Burn-in (Beta) the timecode for some footage is not matching the timecode displayed when matching the frame in the source window. I initially noticed the difference while the 59.94 clip was in a sequence with a different frame rate. At that point I created a sequence from the clip and it is still not matching.