I don’t think it’s quite that simple.
Burning 300 cals in less time means you’re working harder which will probably mean you’re muscles need more repairing which takes energy. If you build muscle then you’re increasing your living tissues which takes more energy to keep alive and hence you’re base energy requirement goes up.
It will depend on how hard you have to work and your current level of fitness – all these machines use estimates so aren’t accurate.
Without any of your details of weight it’ll be even more out.
If you want to lose weight, do more exercise and eat sensibly. Don’t weigh yourself more than once a week at the same time of day.
You’re better off going by measurements waist, thigh etc – muscle is heavier than fat so you could lose fat but not lose weight.