The three sheets of importance are:
1. Balance sheets -- Assets vs Liabilities. A listing of all of the debt, factories, cash, etc. etc. and an estimated dollar value on everything. Add everything together, and you have the rough value of the company, the so called "Equity".
2. Income Statement -- Calculates Profits (or in this case, a loss), which is roughly a "Change in Balance Sheets". "Net Profits" means balance sheets are more towards +Assets, while "Net loss" is balance sheet had more +Liabilities.
3. Cash Flow -- How much money is in the bank. Start with the Income Statement and "reverses" the calculation to get to actual $$ flowing in or out of their bank.
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When a business-folk says "profits", they talk about #2 being positive. But when colloquial people mean "profits", they typically mean #3. Understanding the difference between colloquial "Profits" (which is really Cash Flow) vs "Business profits" requires a good bit of study.
If Tesla pays for a $5 Billion factory (ex: Gigafactory Shanghai), you'll have -$5 Billion Cash Flow, but $0 in income. Because -$5 Billion cash becomes +$5 Billion factory in the asset sheets.