Chaos-based wireless communication systems can enhance the physical-layer security of IoT devices, but their reliability depends on stable chaotic behavior under real conditions. We investigate a modified Colpitts oscillator with a tunable base bias voltage, introduced as an independent control parameter to flexibly adjust nonlinear regimes. Using numerical studies, SPICE simulations, and hardware experiments, we show that simplified numerical models predict only a DC offset shift, whereas realistic implementations reveal qualitative changes in the dynamics, highlighting the need for experimental validation. We further demonstrate hybrid synchronization between the analog oscillator and an FPGA-based digital model. Despite model simplifications and non-idealities, synchronization is successfully achieved using the Pecora–Carroll method, showing that preserving the core dynamic structure is more critical than exact waveform replication. These results clarify the constraints of idealized models for predicting dynamical patterns while confirming the robustness of hybrid synchronization for secure, resource-constrained communication systems.