CONVERTIBLE DEBENTURES (Details) - Fair value of the embedded conversion feature of the Convertible Debenture (USD $)
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0 Months Ended |
3 Months Ended |
12 Months Ended |
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Nov. 11, 2013
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Jan. 25, 2013
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Oct. 31, 2013
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Oct. 31, 2014
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Nov. 30, 2013
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Nov. 30, 2016
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Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items] |
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Conversion price (in Dollars per share) |
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$ 0.1892us-gaap_DebtInstrumentConvertibleConversionPrice1
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Aggregate fair value (in Dollars) |
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$ 164,811us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
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$ 1,670,704us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
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Convertible Debenture Due November 2016 [Member] | Convertible Debentures Embedded Conversion Feature [Member] |
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Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items] |
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Stock price on valuation date (in Dollars per share) |
$ 0.20us-gaap_SharePrice / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Conversion price (in Dollars per share) |
$ 0.189us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Discount for lack of marketability |
35.50%itus_DiscountForLackOfMarketability / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Term (years) |
3 years
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Expected volatility |
102.80%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Weighted average risk-free interest rate |
0.62%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Trials (in Shares) |
100,000itus_Trials / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Aggregate fair value (in Dollars) |
1,570,000us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Convertible Debenture Due November 2016 [Member] |
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Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items] |
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Aggregate fair value (in Dollars) |
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1,570,000us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability / us-gaap_DebtInstrumentAxis = itus_ConvertibleDebentureDueNovember2016Member
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Convertible Debentures Embedded Conversion Feature [Member] |
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Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items] |
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Stock price on valuation date (in Dollars per share) |
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$ 0.21us-gaap_SharePrice / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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$ 0.195us-gaap_SharePrice / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Conversion price (in Dollars per share) |
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$ 0.15us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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$ 0.15us-gaap_DebtInstrumentConvertibleConversionPrice1 / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Term (years) |
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2 years
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1 year 3 months
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Expected volatility |
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110.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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115.00%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Weighted average risk-free interest rate |
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0.30%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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0.30%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Trials (in Shares) |
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100,000itus_Trials / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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100,000itus_Trials / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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Aggregate fair value (in Dollars) |
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$ 1,180,000us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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$ 540,000us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability / us-gaap_DerivativeInstrumentRiskAxis = itus_ConvertibleDebenturesEmbeddedConversionFeatureMember
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