Annual report pursuant to Section 13 and 15(d)

CONVERTIBLE DEBENTURES (Details) - The loss on extinguishment of debt

v2.4.1.9
CONVERTIBLE DEBENTURES (Details) - The loss on extinguishment of debt (USD $)
12 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Nov. 30, 2016
Dec. 31, 2015
Extinguishment of Debt [Line Items]        
Face value of convertible debenture converted $ 1,440,000us-gaap_DebtInstrumentFaceAmount $ 325,000us-gaap_DebtInstrumentFaceAmount $ 3,500,000us-gaap_DebtInstrumentFaceAmount $ 1,765,000us-gaap_DebtInstrumentFaceAmount
Less: debt discount (658,232)itus_ConvertibleDebtDiscount (229,964)itus_ConvertibleDebtDiscount    
Less: deferred issuance costs 19,156us-gaap_DebtIssuanceCosts 83,760us-gaap_DebtIssuanceCosts    
Plus: fair value of derivative liability 1,670,704us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability 164,811us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability    
Net book value of converted debenture, accrued interest, derivative liability and warrant exchanged 3,818,534itus_NetBookValueOfConvertedDebentureAccruedInterestDerivativeLiabilityAndWarrantExchange      
Securities issued in conversion/exchange:        
Subtotal of securities issued in conversion/exchange 6,034,641itus_SecuritiesIssuedInValue      
(Loss) on conversion/exchange (2,216,107)itus_GainLossOnSharesConversion      
Convertible Debenture [Member]        
Securities issued in conversion/exchange:        
Fair value of 2,520,000 shares of common stock issued, net (18,498,943 shares of Conversion Common Stock issued, less 15,978,943 shares exchanged for 3,500 shares of Series A Convertible Preferred Stock) 617,400itus_StockIssuedFairValue
/ us-gaap_DebtConversionByUniqueDescriptionAxis
= itus_ConvertibleDebentureMember
     
Fair value of 3,500 shares of Series A Convertible Preferred Stock (based on a stated value per share of $1,000 and a conversion rate of $0.1892) 4,532,241itus_FairValueConvertiblePreferredStock
/ us-gaap_DebtConversionByUniqueDescriptionAxis
= itus_ConvertibleDebentureMember
     
Fair value of warrant issued September 9, 2014 885,000itus_WarrantIssuedFairValue
/ us-gaap_DebtConversionByUniqueDescriptionAxis
= itus_ConvertibleDebentureMember
     
Convertible Debenture Due November 2016 [Member]        
Extinguishment of Debt [Line Items]        
Plus: fair value of derivative liability     1,570,000us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_DebtInstrumentAxis
= itus_ConvertibleDebentureDueNovember2016Member
 
Long-term Debt [Member]        
Extinguishment of Debt [Line Items]        
Face value of convertible debenture converted 3,500,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_ExtinguishmentOfDebtAxis
= us-gaap_LongTermDebtMember
     
Less: debt discount (1,684,801)itus_ConvertibleDebtDiscount
/ us-gaap_ExtinguishmentOfDebtAxis
= us-gaap_LongTermDebtMember
     
Less: deferred issuance costs (7,739)us-gaap_DebtIssuanceCosts
/ us-gaap_ExtinguishmentOfDebtAxis
= us-gaap_LongTermDebtMember
     
Plus: accrued interest 173,833us-gaap_DebtInstrumentIncreaseAccruedInterest
/ us-gaap_ExtinguishmentOfDebtAxis
= us-gaap_LongTermDebtMember
     
Plus: fair value of derivative liability 1,032,241us-gaap_EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
/ us-gaap_ExtinguishmentOfDebtAxis
= us-gaap_LongTermDebtMember
     
Plus: fair value of warrant exchanged in connection with the conversion $ 805,000us-gaap_WarrantsNotSettleableInCashFairValueDisclosure
/ us-gaap_ExtinguishmentOfDebtAxis
= us-gaap_LongTermDebtMember