Ibanez sr305eb-wk, newly bought, sounds like a fart.

I bought this bass 2 weeks ago to use with my Helix LT, hadn't played for 3 days, grabbed it just now, and it sounds like a fucking GameBoy dying on me.
I thought it was my Helix or even cable, but I plugged in my guitar and everything is good!

The sound is abysmal, low, trebly, crap, everything bad, you just throw it in the equation.
What the hell can be going on?