According to the manual, this is correct.
6.6.1 Chart for Indicator Color Codes
SOLID BRIGHT RED: Transmitting on PA
SOLID ORANGE: Transmitting on XVTR port with low power
SOLID DIM RED: Transmit engaged, but transmit interlocks are not ready. Refer to SmartSDR documentation for description of transmit interlocks.
SOLID PURPLE: Radio is performing a software update
SOLID GREEN: Radio is in receive mode
FLASHING RED: Flashing three blinks indicates radio software is not running
OFF: Radio turned off, oscillators are off.
FLASHING DIM PURPLE: Radio is performing a persistence database rest