CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS` EQUITY (USD $)
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Aspire Capital Fund LLC [Member]
Common Stock [Member]
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Aspire Capital Fund LLC [Member]
Additional Paid-in Capital [Member]
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Aspire Capital Fund LLC [Member]
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ZQX Advisors LLC [Member]
Additional Paid-in Capital [Member]
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ZQX Advisors LLC [Member]
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Preferred Stock [Member]
Common Stock and Preferred Stock [Member]
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Preferred Stock [Member]
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Common Stock [Member]
Common Stock and Preferred Stock [Member]
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Common Stock [Member]
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Additional Paid-in Capital [Member]
Common Stock and Preferred Stock [Member]
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Additional Paid-in Capital [Member]
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Loan Receivable From Former Affiliate [Member]
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Retained Earnings [Member]
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Accumulated Other Comprehensive Income (Loss) [Member]
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Common Stock and Preferred Stock [Member]
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Total
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BALANCE at Oct. 31, 2012 |
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$ 1,849,790us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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$ 127,693,160us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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$ (5,000,000)us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = itus_LoanReceivableFromFormerAffiliateMember
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$ (125,083,322)us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember
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$ (653,684)us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember
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$ (1,194,056)us-gaap_StockholdersEquity
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BALANCE (in Shares) at Oct. 31, 2012 |
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184,979,037us-gaap_SharesIssued / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Stock option compensation to employees |
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2,693,121us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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2,693,121us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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Stock option compensation to consultants |
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1,105,018itus_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationToConsulant / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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1,105,018itus_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationToConsulant
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Common stock issued upon exercise of stock options |
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1,460us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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24,150us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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25,610us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
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Common stock issued upon exercise of stock options (in Shares) |
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146,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued to consultants |
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13,450us-gaap_StockIssuedDuringPeriodValueIssuedForServices / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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291,235us-gaap_StockIssuedDuringPeriodValueIssuedForServices / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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304,685us-gaap_StockIssuedDuringPeriodValueIssuedForServices
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Common stock issued to consultants (in Shares) |
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1,345,000us-gaap_StockIssuedDuringPeriodSharesIssuedForServices / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued upon conversion of convertible debentures |
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103,189us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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1,250,175us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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1,353,364us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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Common stock issued upon conversion of convertible debentures (in Shares) |
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10,318,945us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued in lieu of interest on convertible debentures |
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4,803itus_StockIssuedDuringPeriodInLieuOfInterestOnConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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93,936itus_StockIssuedDuringPeriodInLieuOfInterestOnConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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98,739itus_StockIssuedDuringPeriodInLieuOfInterestOnConvertibleSecurities
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Common stock issued in lieu of interest on convertible debentures (in Shares) |
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480,270itus_StockIssuedDuringPeriodSharesInLieuOfInterestOnConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Sale of common stock |
53,800us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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996,605us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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1,050,405us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember
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24,138us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_ZQXAdvisorsLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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24,138us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_ZQXAdvisorsLLCMember
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1,050,405us-gaap_ProceedsFromIssuanceOfCommonStock
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Sale of common stock (in Shares) |
5,380,000itus_ProceedsFromIssuanceOfCommonStockShares / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Reversal of unrealized loss as of October 31, 2012 on investment in Videocon Industries Limited global depository receipts |
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653,684itus_ReversalOfOtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax / us-gaap_StatementEquityComponentsAxis = us-gaap_AccumulatedOtherComprehensiveIncomeMember
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653,684itus_ReversalOfOtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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Net loss |
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(10,080,086)us-gaap_NetIncomeLoss / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember
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(10,080,086)us-gaap_NetIncomeLoss
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Common stock issued to Aspire Capital Fund LLC, as consideration |
35,000itus_StockIssuedDuringPeriodValueConsideration / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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(35,000)itus_StockIssuedDuringPeriodValueConsideration / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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Common stock issued to Aspire Capital Fund LLC, as consideration (in Shares) |
3,500,000itus_StockIssuedDuringPeriodSharesAsConsideration / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Warrants issued in connection with issuance of convertible debentures |
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221,985us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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221,985us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued
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Common stock issued upon exercise of warrants |
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29,275us-gaap_StockIssuedDuringPeriodValueOther / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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351,525us-gaap_StockIssuedDuringPeriodValueOther / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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380,800us-gaap_StockIssuedDuringPeriodValueOther
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Common stock issued upon exercise of warrants (in Shares) |
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2,927,493us-gaap_StockIssuedDuringPeriodSharesOther / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued to acquire patent license |
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2,000itus_StockIssuedDuringPeriodValuePatentLicense / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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40,000itus_StockIssuedDuringPeriodValuePatentLicense / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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42,000itus_StockIssuedDuringPeriodValuePatentLicense
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Common stock issued to acquire patent license (in Shares) |
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200,000itus_StockIssuedDuringPeriodSharesPatentLicense / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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BALANCE at Oct. 31, 2013 |
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2,092,767us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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134,750,048us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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(5,000,000)us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = itus_LoanReceivableFromFormerAffiliateMember
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(135,163,408)us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember
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(3,320,593)us-gaap_StockholdersEquity
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BALANCE (in Shares) at Oct. 31, 2013 |
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209,276,745us-gaap_SharesIssued / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Stock option compensation to employees |
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2,127,719us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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2,127,719us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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Stock option compensation to consultants |
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1,022,080itus_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationToConsulant / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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1,022,080itus_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationToConsulant
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Common stock issued upon exercise of stock options |
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5,150us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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70,725us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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75,875us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
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Common stock issued upon exercise of stock options (in Shares) |
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515,000us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued to consultants |
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3,100us-gaap_StockIssuedDuringPeriodValueIssuedForServices / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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81,598us-gaap_StockIssuedDuringPeriodValueIssuedForServices / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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84,698us-gaap_StockIssuedDuringPeriodValueIssuedForServices
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Common stock issued to consultants (in Shares) |
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310,000us-gaap_StockIssuedDuringPeriodSharesIssuedForServices / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued upon conversion of convertible debentures |
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350,000us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / itus_EquityComponentDescriptionAxis = itus_CommonStockAndPreferredStockMember / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember
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25,200us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / itus_EquityComponentDescriptionAxis = itus_CommonStockAndPreferredStockMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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82,671us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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4,854,441us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / itus_EquityComponentDescriptionAxis = itus_CommonStockAndPreferredStockMember / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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2,652,678us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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5,229,641us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / itus_EquityComponentDescriptionAxis = itus_CommonStockAndPreferredStockMember
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2,735,349us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
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Common stock issued upon conversion of convertible debentures (in Shares) |
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3,500us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / itus_EquityComponentDescriptionAxis = itus_CommonStockAndPreferredStockMember / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember
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2,520,000us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / itus_EquityComponentDescriptionAxis = itus_CommonStockAndPreferredStockMember / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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8,267,080us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Common stock issued in lieu of interest on convertible debentures |
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2,634itus_StockIssuedDuringPeriodInLieuOfInterestOnConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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59,144itus_StockIssuedDuringPeriodInLieuOfInterestOnConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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61,778itus_StockIssuedDuringPeriodInLieuOfInterestOnConvertibleSecurities
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Common stock issued in lieu of interest on convertible debentures (in Shares) |
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263,415itus_StockIssuedDuringPeriodSharesInLieuOfInterestOnConvertibleSecurities / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Sale of common stock |
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160,000us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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3,513,135us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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3,673,135us-gaap_ProceedsFromIssuanceOfCommonStock
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Sale of common stock (in Shares) |
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16,000,000itus_ProceedsFromIssuanceOfCommonStockShares / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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Acquisition of common stock in exchange for investment in Videocon Industries Limited global depository receipts |
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(4,134,516)us-gaap_StockRepurchasedDuringPeriodValue / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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(4,134,516)us-gaap_StockRepurchasedDuringPeriodValue
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Retire common stock acquired in exchange for investment in Videocon Industries Limited global depository receipts |
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(200,000)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
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200,000us-gaap_StockRepurchasedAndRetiredDuringPeriodValue / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
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Retire common stock acquired in exchange for investment in Videocon Industries Limited global depository receipts (in Shares) |
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(20,000,000)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
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Reversal of unrealized loss as of October 31, 2012 on investment in Videocon Industries Limited global depository receipts |
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Net loss |
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(9,606,314)us-gaap_NetIncomeLoss / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember
|
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(9,606,314)us-gaap_NetIncomeLoss
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Warrants issued in connection with issuance of convertible debentures |
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513,112us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
|
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513,112us-gaap_AdjustmentsToAdditionalPaidInCapitalWarrantIssued
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Common stock issued upon exercise of warrants |
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13,400us-gaap_StockIssuedDuringPeriodValueOther / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
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286,609us-gaap_StockIssuedDuringPeriodValueOther / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
|
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300,009us-gaap_StockIssuedDuringPeriodValueOther
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Common stock issued upon exercise of warrants (in Shares) |
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1,339,950us-gaap_StockIssuedDuringPeriodSharesOther / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
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Common stock issued to acquire patent license |
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12,000itus_StockIssuedDuringPeriodValuePatentLicense / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
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235,600itus_StockIssuedDuringPeriodValuePatentLicense / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
|
|
|
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247,600itus_StockIssuedDuringPeriodValuePatentLicense
|
Common stock issued to acquire patent license (in Shares) |
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1,200,000itus_StockIssuedDuringPeriodSharesPatentLicense / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
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Satisfaction of loan receivable from former affiliate |
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5,000,000us-gaap_LoansAndLeasesReceivableRelatedPartiesCollections / us-gaap_StatementEquityComponentsAxis = itus_LoanReceivableFromFormerAffiliateMember
|
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5,000,000us-gaap_LoansAndLeasesReceivableRelatedPartiesCollections
|
BALANCE at Oct. 31, 2014 |
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$ 350,000us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember
|
|
$ 2,196,922us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
|
$ 146,232,373us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_AdditionalPaidInCapitalMember
|
|
$ (144,769,722)us-gaap_StockholdersEquity / us-gaap_StatementEquityComponentsAxis = us-gaap_RetainedEarningsMember
|
|
|
$ 4,009,573us-gaap_StockholdersEquity
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BALANCE (in Shares) at Oct. 31, 2014 |
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|
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3,500us-gaap_SharesIssued / us-gaap_StatementEquityComponentsAxis = us-gaap_PreferredStockMember
|
|
219,692,190us-gaap_SharesIssued / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember
|
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