Take a peek at this infection removal pics:
https://www.backyardchickens.com/forum/viewtopic.php?id=236649
Spongey could be a good description.
If it is bleeding on the sides, that is probably the healthy tissue trying to wall off the junk.
Swelling does look like infection, but it does appear to be healing up. Chicken puss is hard and cottage cheesy, so lancing won't help, cutting it out is possible. In this case, systemic antibiotics may help, but I personally would cut the wounds where it looks like there is pus, remove the...