That is correct. Not sure where it will lead but the newer application has deleted many claims made in the original application. Time will tell.
"Final" Rejections
Just because the Examiner has made the rejections "final" does not mean that they are really final. The declaration of finality just restricts your options in how you can respond to the rejections.
You can respond to a final rejection in one or more of these ways:
a) If some claims have been allowed, amend or cancel the remaining claims to obtain an allowance.
b) File a Request for Reconsideration with the Examiner explaining why the final rejection was based on faulty reasoning.
c) Request an interview with the Examiner as soon as possible to explain the issues, and perhaps to negotiate changes to the claims which would satisfy the Examiner. You can make that request in a telephone call to the Examiner, and most Examiners are happy to grant interviews.
d) File an appeal to the Board of Patent Appeals.
e) File a Request for Continued Examination (RCE), continuation or continuation-in-part (CIP) application with an amendment to better focus the claims
If you do not choose any of these, the application will become abandoned. If you have not done so already, this is a very good time to consult with a patent professional.