It can mess up your gas mileage, it's supposed to enhance performance/drive ability if it is a 'chip' and programmed for modifications that have been added, not knowing any more about it I would remove it.Does it/is it supposed to do anything?
Since there's no active circuitry on that, the resistors are probably there to alter sensor values seen by the ECU. Usually the strategy is to make intake air and coolant temps look lower than they are so the engine runs more fuel and timing. It might even make the (narrowband) O2 sensor signal look lean to again increase fuel. Usually all they do is reduce fuel economy. They were a huge ripoff for what they cost back then. It might be handy as a breakout board though.
None of that looks burned but I have no idea what it is.
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