@WBYeats,
The second example is a reference to a specific event.
I'll use your example in dialog:
"We do not need you anymore. You are a burden on our team. You are going to get us killed."
"I built this team. I got you in contact with our agents. You are here because of me."
"Your usefulness has long since expired."
( it means since the example of "usefulness" provided, much time has passed, and in that long period of time, the usefulness ended. )