9.	REVENUES/MAJOR CUSTOMERS

Net revenues included in the accompanying consolidated statements of operations are net of licensor participations of $1,306, and $1,174 during fiscal years 2014 and 2013, respectively. The percentages of revenue from major Properties and customers/licensees are as follows:

	December 31,
	2014			2013
Percentage of revenue derived from major Properties (revenue in excess of 10 percent of total revenue)		52	%		45	%
Number of major Properties		2			3
Percentage of revenue derived from major customers/licensees (revenue in excess of 10 percent of total revenue)		48	%		37	%
Number of major customers/licensees		3			3

Two licensing Properties represented more than 10% of consolidated net revenue for fiscal 2014; “American Kennel Club” and “Cabbage Patch” represented 33% and 19%, respectively, for a total of 52% of consolidated net revenues for fiscal 2014. Three Properties represented more than 10% of consolidated net revenue for fiscal 2013; “American Kennel Club”, “Dinosaur King” and “Huntik” represented 21%, 14% and 10%, respectively, for a total of 45% of consolidated net revenues for fiscal 2013. One Pinwrest customer, Dick’s Sporting Goods, represented 14% and two licensees represented 34% of consolidated net revenues for fiscal 2014 for a total of 48% of consolidated net revenues. Three licensees represented 37% of consolidated net revenues for fiscal 2013. As of December 31, 2014 and 2013, accounts receivable due from three major customer/licensees represented 70% and four major customers/licensees represented 63%, respectively, of the Company’s gross accounts receivable for each such year.