I tried hooking up to the atomos ninja V and shinobi 7" (not pictured) and I'm getting the same altered colors on the output monitor. Smart controller looks fine. Any ideas what could be happening or solutions for suggestions?

Hi, kentobees. If you have already tried connecting it with different monitors or replacing the HDMI cable and it's still showing the same outcome, you might need to consider sending the smart controller for testing or repair. If you would like to submit a repair request, you can go here: https://repair.dji.com/us/repair/index.