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BUSINESS AND FUNDING (Details) (USD $)
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3 Months Ended | 0 Months Ended | |
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Jan. 31, 2015
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Jan. 31, 2014
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Dec. 29, 2014
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| BUSINESS AND FUNDING (Details) [Line Items] | |||
| Payments to Acquire Intangible Assets | $ 3,036,000us-gaap_PaymentsToAcquireIntangibleAssets | ||
| Amortization of Intangible Assets | 81,324us-gaap_AmortizationOfIntangibleAssets | 70,481us-gaap_AmortizationOfIntangibleAssets | |
| AUO Settlement [Member] | |||
| BUSINESS AND FUNDING (Details) [Line Items] | |||
| Proceeds from Legal Settlements |
$ 2,000,000us-gaap_ProceedsFromLegalSettlements / us-gaap_RelatedPartyTransactionAxis = itus_AUOSettlementMember |
$ 9,000,000us-gaap_ProceedsFromLegalSettlements / us-gaap_RelatedPartyTransactionAxis = itus_AUOSettlementMember |
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- Details
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cash received for the settlement of litigation during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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