Pulled the cowl off for maintenance and found most of the glue from the piece of insulation in the picture had liquefied and ran onto the air-box. From the looks of it at some point the glue re-hardened and appears to have stuck the now loosened insulation to the plastic in one small spot. There's also some hardened glue on the throttle plate. Can only hope none got through and sucked into the motor..
I believe this occurred while the boat was parked outside at home -- We had several days in July that saw temps up to 104 and last week was the first time to run the boat since those hot days. Did not notice the glue until after fishing for 3 days.