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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis (USD $)
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Oct. 31, 2014
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Oct. 31, 2013
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| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Patent acquisition obligation |
$ 3,236,281us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations
|
|
| Derivative liability |
|
540,000us-gaap_DerivativeLiabilities
|
| Global Depository Receipts [Member] | Fair Value, Inputs, Level 1 [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
|
4,197,341us-gaap_InvestmentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= itus_GlobalDepositoryReceiptsMember
|
| Total financial assets |
|
4,501,011us-gaap_AssetsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= itus_GlobalDepositoryReceiptsMember
|
| Global Depository Receipts [Member] | Fair Value, Inputs, Level 2 [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
|
|
| Total financial assets |
|
|
| Global Depository Receipts [Member] | Fair Value, Inputs, Level 3 [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
|
|
| Total financial assets |
|
|
| Global Depository Receipts [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
|
4,197,341us-gaap_InvestmentsFairValueDisclosure
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= itus_GlobalDepositoryReceiptsMember
|
| Total financial assets |
|
4,501,011us-gaap_AssetsFairValueDisclosure
/ us-gaap_GainLossOnInvestmentsByCategoryAxis
= itus_GlobalDepositoryReceiptsMember
|
| Fair Value, Inputs, Level 1 [Member] | Money Market Funds [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Money market funds – Cash and cash equivalents |
155,964us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_MoneyMarketFundsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
|
303,670us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_MoneyMarketFundsMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
|
| Fair Value, Inputs, Level 1 [Member] | Certificates of Deposit [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
|
|
| Total financial assets |
155,964us-gaap_AssetsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_CertificatesOfDepositMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
|
|
| Fair Value, Inputs, Level 1 [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Patent acquisition obligation |
|
|
| Derivative liability |
|
|
| Fair Value, Inputs, Level 2 [Member] | Money Market Funds [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Money market funds – Cash and cash equivalents |
|
|
| Fair Value, Inputs, Level 2 [Member] | Certificates of Deposit [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
2,500,000us-gaap_InvestmentsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_CertificatesOfDepositMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
|
|
| Total financial assets |
2,500,000us-gaap_AssetsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_CertificatesOfDepositMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
|
|
| Fair Value, Inputs, Level 2 [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Patent acquisition obligation |
|
|
| Derivative liability |
|
|
| Fair Value, Inputs, Level 3 [Member] | Money Market Funds [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Money market funds – Cash and cash equivalents |
|
|
| Fair Value, Inputs, Level 3 [Member] | Certificates of Deposit [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
|
|
| Total financial assets |
|
|
| Fair Value, Inputs, Level 3 [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Patent acquisition obligation |
3,236,281us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
|
|
| Derivative liability |
|
540,000us-gaap_DerivativeLiabilities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
|
| Money Market Funds [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Money market funds – Cash and cash equivalents |
155,964us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_MoneyMarketFundsMember
|
303,670us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_MoneyMarketFundsMember
|
| Certificates of Deposit [Member] |
|
|
| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Hierarchy for our financial assets and liabilities measured at fair value on a recurring basis [Line Items] |
|
|
| Investments |
2,500,000us-gaap_InvestmentsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_CertificatesOfDepositMember
|
|
| Total financial assets |
$ 2,655,964us-gaap_AssetsFairValueDisclosure
/ us-gaap_CashAndCashEquivalentsAxis
= us-gaap_CertificatesOfDepositMember
|
|