No, I am not familiar enough with the debugger, at least not yet.
The program sits in an infinite loop waiting for interrupts. First, it is the button that starts the measurement. Then, it is overflows from TIMER0 while the capacitor is charged. Last, the interrupt is from TIMER1 when the capacitor voltage falls to 0.25VREF. Then the loop restarts - there does not seem to be a reset.