Shouldn't it say decrease instead of increase? Typo?
It is anticipated that our net loss for the three months ended March 31, 2016, will be approximately $161,903, as compared to our net loss of $338,741 for the three months ended March 31, 2015, due to an increase in operating and other expenses during the three months ended March 31, 2016, as compared to the three months ended March 31, 2015.