After extensive international touring, the band took a break from performing, appearing only at charity events. They put on shows for the Tiger Woods Foundation and the Breathe Benefit Concert in Los Angeles after Jenkins' mother was diagnosed with breast cancer. During the four-year gap between albums, the band also built a recording studio in 2002 in San Francisco called "Morningwood" Studios. The band wanted to make a studio where they could feel comfortable recording in anticipation for their next album. Both before and after the release of the third album, the band worked for years on an EP entitled Symphony of Decay, though the album was delayed for years and never formally released.  In 2003, the band released Out of the Vein. Two singles were released from the album: "Blinded" and "Crystal Baller." Out of the Vein did not sell as well as its predecessors, with numbers estimated around 500,000 copies as of March 2007. Elektra Records was being absorbed into Atlantic Records at the time, and the only music video created from the album was for the single "Blinded." Due to the merger, the band found themselves without label support; as Jenkins said, "Our record company ceased to exist. The month the record was released, Elektra Records imploded." In May 2004, Warner Music cut Third Eye Blind, along with over 80 other acts, from its roster. While no specific reason was given for Third Eye Blind being cut, Atlantic co-chairman Craig Kallman said the cuts were made to get Atlantic's roster down to an appropriate size where "we can give each of our acts top priority."  It would be over six years after the release of Out of the Vein until the band would release another full-length album. In the meantime, the band did release A Collection in 2006. This album was a collection of songs from the first three albums. Jude Gold, associate editor of Guitar Player Magazine, recognized that the liner notes falsely credited guitarist Tony Fredianelli with the creative work of former guitarist Kevin Cadogan, who was completely omitted from the band's biography included in the liner notes, which state: "As always, the band profited from the musical interplay between Tony Fredianelli, Stephan Jenkins, Arion Salazar and Brad Hargreaves." In regards to this, Gold stated, "It's like saying Guns N' Roses music always profited from the interplay between Axl Rose and guitarist Bucket Head."  In 2006, Salazar left the group. Abe Millett, bassist for Inviolet Row, was added to the band's tour lineup; the band refrained from immediately adding a permanent replacement because they wanted to leave the position vacant in case Salazar desired to return.

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