Note 14. CONCENTRATIONS

Major Customers

For the three months ended March 31, 2017, three customers accounted for 28%, 28% and 27% of the Company’s revenues, respectively. At March 31, 2017, one of these three customers accounted for 27% of the Company’s accounts due from related parties (See Note 16) and the remaining two customers accounted for approximately 75% of the Company’s accounts receivable.

For the three months ended March 31, 2016, two customers accounted for 47% and 33% of the Company’s revenues, respectively. At March 31, 2016, one of these two customers accounted for approximately 100% of the Company’s accounts due from related party balance and the remaining one customer accounted for 78% of the Company’s accounts receivable.

For the nine months ended March 31, 2017, three customers accounted for 33%, 33% and 16% of the Company’s revenues, respectively. At March 31, 2017, one of these three customers accounted for 27% of the Company’s accounts due from related parties (See Note 16) and the remaining two customers accounted for approximately 75% of the Company’s accounts receivable.

For the nine months ended March 31, 2016, two customers accounted for 35% and 24% of the Company’s revenues, respectively. At March 31, 2016, one of these two customers accounted for approximately 100% of the Company’s accounts due from related party balance and the remaining customer accounted for 78% of the Company’s accounts receivable.

Major Suppliers

For the three months ended March 31, 2017, two suppliers accounted for 65% and 13% of the total costs of revenue. For the three months ended March 31, 2016, no suppliers accounted for 10% or more of the total costs of revenue.

For the nine months ended March 31, 2017, one supplier accounted for 51% of the total costs of revenue, respectively. For the nine months ended March 31, 2016, two suppliers accounted for 31% and 14% of the total costs of revenue, respectively.