13. CONCENTRATIONS

Major Customers

For the three months ended September 30, 2015, three customers accounted for approximately 28%, 19% and 13% of the Company’s revenues, respectively. At September 30, 2015, one of these three customers accounted for approximately 87% of the Company’s due from related parties balance and the remaining two customers accounted for 80% and 15% of the Company’s accounts receivable, respectively. For the three months ended September 30, 2014, three customers accounted for 23%, 20% and 14% of the Company’s revenues. At September 30, 2014, two customers accounted for approximately 66% and 3% of the Company’s accounts receivable, respectively.

Major Suppliers

For the three months ended September 30, 2015, two suppliers accounted for 43% and 29% of the total cost of revenues, respectively. For the three months ended September 30, 2014, three suppliers accounted for 47%, 18% and 13% of the total cost of revenues, respectively.