I have failed to find a concrete answer anywhere. However, since the documentation's sample.sh states
The code creates at least the following files:
- topic-???-var-e-log-prob.dat: the e-betas (word distributions) for topic ??? for all times.
...
- gam.dat
without mentioning the topic-000-var-obs.dat file, suggests that it is not imperative for most analyses.
Speculation
obs suggest observations. After a little dig around in the example/model_run results, I plotted the sum across epochs for each word/token using:
temp = scan("dtm/example/model_run/lda-seq/topic-000-var-obs.dat")
temp.matrix = matrix(temp, ncol = 10, byrow = TRUE)
plot(rowSums(temp.matrix))
and the result is something like:

The general trend of the non-negative values is decreasing and many values are floored (in this case to -11.00972 = log(1.67e-05)) Suggesting that these values are weightings or some other measure of influence on the model. The model removes some tokens and the influence/importance of the others tapers off over the index. The later trend may be caused by preprocessing such as sorting tokens by tf-idf when creating the dictionary.
Interestingly the row sum values varies for both the floored tokens and the set with more positive values:

temp = scan("~/Documents/Python/inference/project/dtm/example/model_run/lda-seq/topic-009-var-obs.dat")
temp.matrix = matrix(temp, ncol = 10, byrow = TRUE)
plot(rowSums(temp.matrix))