How to reproduce:

1. Open the “MPM_VSBug.zip“ project
2. Open the “SampleScene“
3. Select the “NewPlayModeScenario“ as the Play Mode scenario
4. Enter Play Mode
5. Select the “Cube“ GameObject in the Hierarchy
6. Observe the Inspector

Actual result: The ‘Variables’ and ‘State Machine' Components are hidden behind a throbber (loading icon)
Expected result: The ‘Variables’ and 'State Machine' Components are displayed

Reproducible in: 2.0.0-pre.1, 2.0.1 (6000.3.4f1, 6000.4.0b4, 6000.5.0a4)
Not reproducible in: 1.6.3 (6000.0.65f1, 6000.3.4f1)
Could not test in: 1.6.3 (6000.4.0b4, 6000.5.0a4) (explained in the notes), 2.0.0-pre.1, 2.0.1 (6000.0.65f1) (these versions of Multiplayer Play Mode don’t work with this Editor version)

Reproduced on: Windows 11 Pro (25H2)
Not reproduced on: No other environment tested

Note: In Editor versions 6000.4.0b4 and 6000.5.0a4, the issue is reproducible in 1.6.3 of Multiplayer Play Mode only if the Cube GameObject is deselected and re-selected. Before deselecting, the issue should not reproduce. In 6000.3.4f1, the issue is stable and doesn’t reproduce on 1.6.3, and reproduces on 2.0.0-pre.1