Not 100% sure, but that looks like 1/4" X 1" X 1" balsa tiles, laid along the hull to create stiffeners...
Might be wrong and they could be foam, but in the late 80's, early nineties, there was a mixed bag of boat construction techniques due to the new up and coming "foam" products, and the tried and true, read fast and profitable, balsa squares...
I remember seeing some stuff like that on other big glass boats at the marina...
I asked my friend about it and was told that originally, they would slather on a strip of thin PB, set the squares in place, re-wet and tab/laminate to the hull...in a old style production, it was usually done by 2-3 laborers, one following the other...
If any repairs are needed, due to whacking a dock or another boat and punching a hole in the hull...
He has used all types of "cores" to recreate the stiffeners, foam, balsa squares, strips of the appropriate thickness of MG Ply, what ever floats the boat...
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They use some really creative ways to temporarily secure the strips of ply in place until they can be "tacked" in place with PB.
Then they slather on the PB and tab into the hull...creates a sort of wood-cored, curve-able/conformable, square beam.
The ones in your pic look almost new...looks like they did a good job of sealing against water intrusion...
You will need to consider your options for complete replacement, they add structural support and help to prevent any flex to the larger, un-supported sections of the hull skin.
If the wood/foam looks that good and the fiberglass looks that nice and pink, I would not mess with it...of course you should still check by removing any gel coat or paint that would prevent you from seeing what is going on underneath.
If there is De-lamination, then yes it will have to be removed and repaired, other wise, grind to good glass and top coat with your preference...
If you need to repair, just use a good resin resistant but compatible core, like back yard boat ply, balsa squares, foam, etc. and rebuild them with some fresh glass...basically copy and repeat what is already there...