I have the same TV, your projection bulb has quit/failed.
A loud pop was heard and the picture has gone followed by a red led fault light clicking on and off.
if your tv is less than 1 year old, and you registered it with
Toshiba, you could qualify for a free replacement.
otherwise expect to pay 200.00 for a new bulb from Toshiba.
only good thing is you can replace it yourself, only tool needed is a phillips screwdriver.
you can check EbaY for prices less than 175.00 to 150.00
i am on my 3rd bulb within 4 years....
good luck!