The foam on these is not closed cell, neither the light grey or the darker variant, both are quite porous and absorb a lot of water. Water beads off closed cell, like a ridge-rest sleeping pad–not this foam, soaks right in. I also agree it does not thaw quickly. Water streams out of the foam when squeezed after 5 days in my garage, sled's dry in a day.
This weekend I was getting a fair bit of ice build up around the front "triangular" portion of the Matryx side panels, as well as around the panel latches. Only a minor annoyance, but enough that I think I'll be pulling the foam. Weight savings aside, all that moisture can't be helping things.