That is the "Sleep of Death". It's a common issue on the Thrive and some other devices like the Nook Color.
Not much to say because there is no fix.
As far as the factory defaults, did it wipe all your data? Are your apps all gone and do you have to reinstall all of them? If so, I hope you backed up everything.
Samsung Tab 3 (7 in) • Deletrious ROM V1.6 /TOSHIBA Thrive • Pio's Team Baked BlackBean ROM 4.1.2/Samsung Galaxy Note2 • Temasek v37 kitkat (4.4.2)/HTC EVO 4G • Decks Reloaded ROM/EVO Shift• JellyBelly ROM/Samsung Galaxy Note I (i717)•CM11 (4.4.2 kitkat) /Samsung Galaxy S3 •DanKang 4.3.1 ROM