BUSINESS AND FUNDING (Details) (USD $)
|
0 Months Ended |
1 Months Ended |
12 Months Ended |
1 Months Ended |
3 Months Ended |
0 Months Ended |
Apr. 23, 2013
|
Jan. 01, 2013
|
Jul. 31, 2014
|
Oct. 31, 2014
|
Oct. 31, 2013
|
Nov. 30, 2013
|
Apr. 30, 2014
|
Jul. 31, 2013
|
Apr. 30, 2013
|
Sep. 09, 2014
|
Dec. 29, 2014
|
Aug. 29, 2014
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Legal Settlements |
|
|
|
$ 2,000,000us-gaap_ProceedsFromLegalSettlements
|
|
|
|
|
|
|
|
|
Sale of Stock, Number of Shares Issued in Transaction (in Shares) |
|
|
16,000,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction
|
16,000,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Private Placement |
|
1,765,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Value, Conversion of Convertible Securities |
|
|
|
2,735,349us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1,353,364us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
|
|
|
|
|
|
|
Repayments of Convertible Debt |
|
|
|
200,000us-gaap_RepaymentsOfConvertibleDebt
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Value, Issued for Services |
|
|
|
84,698us-gaap_StockIssuedDuringPeriodValueIssuedForServices
|
304,685us-gaap_StockIssuedDuringPeriodValueIssuedForServices
|
|
|
|
|
|
|
|
Stock Purchase Agreement, Stock Issued During Period, Shares (in Shares) |
2,500,000itus_StockpurchaseAgreementStockIssuedDuringThePeriodShares
|
|
|
|
|
|
|
|
|
|
|
|
Stock Purchase Agreement, Stock Issued During Period, Value |
500,000itus_StockPurchaseAgreementStockIssuedDuringThePeriodValue
|
|
|
|
|
|
|
|
|
|
|
|
Stock Purchase Agreement, Common Stock Threshold Price (in Dollars per share) |
$ 0.15itus_StockPurchaseAgreementCommonStockThresholdPricePerShare
|
|
|
|
|
|
|
|
|
|
|
|
Sale of Stock, Price Per Share (in Dollars per share) |
|
|
$ 0.25us-gaap_SaleOfStockPricePerShare
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Common Stock |
|
|
3,673,000us-gaap_ProceedsFromIssuanceOfCommonStock
|
3,673,135us-gaap_ProceedsFromIssuanceOfCommonStock
|
1,050,405us-gaap_ProceedsFromIssuanceOfCommonStock
|
|
|
|
|
|
|
|
Net Cash Provided by (Used in) Operating Activities |
|
|
|
(2,379,261)us-gaap_NetCashProvidedByUsedInOperatingActivities
|
(3,186,798)us-gaap_NetCashProvidedByUsedInOperatingActivities
|
|
|
|
|
|
|
|
Net Cash Provided by (Used in) Investing Activities |
|
|
|
(2,506,684)us-gaap_NetCashProvidedByUsedInInvestingActivities
|
499,324us-gaap_NetCashProvidedByUsedInInvestingActivities
|
|
|
|
|
|
|
|
Payments to Acquire Short-term Investments |
|
|
|
5,200,000us-gaap_PaymentsToAcquireShortTermInvestments
|
250,000us-gaap_PaymentsToAcquireShortTermInvestments
|
|
|
|
|
|
|
|
Proceeds from Sale of Short-term Investments |
|
|
|
2,700,000us-gaap_ProceedsFromSaleOfShortTermInvestments
|
750,000us-gaap_ProceedsFromSaleOfShortTermInvestments
|
|
|
|
|
|
|
|
Net Cash Provided by (Used in) Financing Activities |
|
|
|
7,349,019us-gaap_NetCashProvidedByUsedInFinancingActivities
|
3,245,953us-gaap_NetCashProvidedByUsedInFinancingActivities
|
|
|
|
|
|
|
|
Proceeds from Convertible Debt |
|
|
|
3,500,000us-gaap_ProceedsFromConvertibleDebt
|
1,765,000us-gaap_ProceedsFromConvertibleDebt
|
|
|
|
|
|
|
|
Proceeds from Warrant Exercises |
|
|
|
300,009us-gaap_ProceedsFromWarrantExercises
|
380,800us-gaap_ProceedsFromWarrantExercises
|
|
|
|
|
|
|
|
Proceeds from Stock Options Exercised |
|
|
|
75,875us-gaap_ProceedsFromStockOptionsExercised
|
25,610us-gaap_ProceedsFromStockOptionsExercised
|
|
|
|
|
|
|
|
Cash, Period Increase (Decrease) |
|
|
|
4,963,000us-gaap_CashPeriodIncreaseDecrease
|
|
|
|
|
|
|
|
|
Cash, Cash Equivalents, and Short-term Investments |
|
|
|
5,861,000us-gaap_CashCashEquivalentsAndShortTermInvestments
|
898,000us-gaap_CashCashEquivalentsAndShortTermInvestments
|
|
|
|
|
|
|
|
Convertible Debenture [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Debt Conversion, Original Debt, Amount |
|
|
|
|
|
|
|
|
750,000us-gaap_DebtConversionOriginalDebtAmount1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
|
|
|
Stock Issued During Period, Shares, Conversion of Convertible Securities (in Shares) |
|
|
|
|
|
|
8,267,080us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
2,166,775us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
8,152,170us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
|
|
|
Proceeds from Issuance of Private Placement |
|
|
|
|
|
3,500,000us-gaap_ProceedsFromIssuanceOfPrivatePlacement / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
|
|
|
|
|
|
Stock Issued During Period, Value, Conversion of Convertible Securities |
|
|
|
|
|
|
1,240,000us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
325,000us-gaap_StockIssuedDuringPeriodValueConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
|
|
|
|
Repayments of Convertible Debt |
|
|
|
|
|
|
200,000us-gaap_RepaymentsOfConvertibleDebt / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
|
|
|
|
|
Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
|
6.00%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember
|
|
|
|
|
|
|
Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Shares, Conversion of Convertible Securities (in Shares) |
|
|
|
|
|
|
|
|
|
18,498,943us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommonStockMember
|
|
|
Conversion of Stock, Shares Converted (in Shares) |
|
|
|
|
|
|
|
|
|
15,978,943us-gaap_ConversionOfStockSharesConverted1 / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_CommonStockMember
|
|
|
Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Shares, Conversion of Convertible Securities (in Shares) |
|
|
|
|
|
|
|
|
|
3,500us-gaap_StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_ConvertiblePreferredStockMember
|
|
|
Aspire Capital Fund LLC [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Shares, New Issues (in Shares) |
2,880,000us-gaap_StockIssuedDuringPeriodSharesNewIssues / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Value, New Issues |
592,000us-gaap_StockIssuedDuringPeriodValueNewIssues / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Issuance of Common Stock |
|
|
|
|
1,050,405us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_RelatedPartyTransactionsByRelatedPartyAxis = itus_AspireCapitalFundLLCMember
|
|
|
|
|
|
|
|
Stock Purchase Agreement [Member] | Commitment Fee [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Value, Issued for Services |
700,000us-gaap_StockIssuedDuringPeriodValueIssuedForServices / itus_FundingAxis = itus_StockPurchaseAgreementMember / us-gaap_NatureOfExpenseAxis = itus_CommitmentFeeMember
|
|
|
|
|
|
|
|
|
|
|
|
Payments of Stock Issuance Costs |
42,000us-gaap_PaymentsOfStockIssuanceCosts / itus_FundingAxis = itus_StockPurchaseAgreementMember / us-gaap_NatureOfExpenseAxis = itus_CommitmentFeeMember
|
|
|
|
|
|
|
|
|
|
|
|
Additional Stock Purchase Agreement Stock Issued During the Period Shares (in Shares) |
3,500,000itus_AdditionalStockpurchaseAgreementStockIssuedDuringThePeriodShares / itus_FundingAxis = itus_StockPurchaseAgreementMember / us-gaap_NatureOfExpenseAxis = itus_CommitmentFeeMember
|
|
|
|
|
|
|
|
|
|
|
|
Stock Purchase Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Stock Purchase Agreement, Authorized Amount |
10,000,000itus_StockPurchaseAgreementAuthorizedAmount / itus_FundingAxis = itus_StockPurchaseAgreementMember
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Shares, Issued for Services (in Shares) |
3,500,000us-gaap_StockIssuedDuringPeriodSharesIssuedForServices / itus_FundingAxis = itus_StockPurchaseAgreementMember
|
|
|
|
|
|
|
|
|
|
|
|
AUO Settlement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from Legal Settlements |
|
|
|
9,000,000us-gaap_ProceedsFromLegalSettlements / us-gaap_RelatedPartyTransactionAxis = itus_AUOSettlementMember
|
|
|
|
|
|
|
9,000,000us-gaap_ProceedsFromLegalSettlements / us-gaap_RelatedPartyTransactionAxis = itus_AUOSettlementMember
|
|
Subsidiary Loan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Debt of Subsidiary, Not Assumed |
|
|
|
|
|
|
|
|
|
|
|
5,000,000us-gaap_DebtOfSubsidiaryNotAssumed / us-gaap_RelatedPartyTransactionAxis = itus_SubsidiaryLoanMember
|
Mars Loan [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Debt of Subsidiary, Not Assumed |
|
|
|
|
|
|
|
|
|
|
|
$ 5,000,000us-gaap_DebtOfSubsidiaryNotAssumed / us-gaap_RelatedPartyTransactionAxis = itus_MarsLoanMember
|
Sale of Stock, Number of Shares Issued in Transaction (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
20,000,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction / us-gaap_RelatedPartyTransactionAxis = itus_MarsLoanMember
|
Global Depository Receipts [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
BUSINESS AND FUNDING (Details) [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
Stock Issued During Period, Shares, New Issues (in Shares) |
|
|
|
|
|
|
|
|
|
|
|
1,495,845us-gaap_StockIssuedDuringPeriodSharesNewIssues / us-gaap_RelatedPartyTransactionAxis = itus_GlobalDepositoryReceiptsMember
|