No, think
@Effects have his thinking mostly correct ... the first number is the height you want the drone to be above ground (150ft) & the second (106ft) tells us that the ground elevation at that waypoint is 44ft lower than the first waypoint in the mission ... meaning that the height reading in Litchi during the execution of the mission will show 106ft at that waypoint ... = 150ft above ground. If the "Above ground" wasn't marked there, the AC would have been 194ft above ground.
Here below an example with 9 waypoints ... all set to 1m height. The mission goes uphill a small hill & I have marked "Above ground". During this mission the AC will be 1m above ground at every waypoint ... but at the last waypoint it's ascended in total to 24,3m above the first waypoint.
If I hadn't marked "Above ground" the AC had slammed into the ground just after the second waypoint.
View attachment 111024