Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS` EQUITY

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS` EQUITY (USD $)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Oct. 31, 2014 $ 350,000us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_PreferredStockMember
$ 2,196,922us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 146,232,373us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ (144,769,722)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 4,009,573us-gaap_StockholdersEquity
Balance (in Shares) at Oct. 31, 2014 3,500us-gaap_SharesIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_PreferredStockMember
219,692,190us-gaap_SharesIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Stock option compensation to employees and consultants     1,557,708us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  1,557,708us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
Common stock issued to consultants   400us-gaap_StockIssuedDuringPeriodValueIssuedForServices
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
5,700us-gaap_StockIssuedDuringPeriodValueIssuedForServices
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  6,100us-gaap_StockIssuedDuringPeriodValueIssuedForServices
Common stock issued to consultants (in Shares)   40,000us-gaap_StockIssuedDuringPeriodSharesIssuedForServices
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Repurchase of 800,000 shares of common stock and cancellation of warrants to purchase 400,000 shares of common stock     (98,720)itus_AdjustmentToAdditionalPaidInCapitalTrasuryStockValueAcquiredAndCancellationOfWarrants
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
  (98,720)itus_AdjustmentToAdditionalPaidInCapitalTrasuryStockValueAcquiredAndCancellationOfWarrants
Retire common stock repurchased   (8,000)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
8,000us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
   
Retire common stock repurchased (in Shares)   (800,000)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
     
Net income       1,515,549us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
1,515,549us-gaap_NetIncomeLoss
Balance at Apr. 30, 2015 $ 350,000us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_PreferredStockMember
$ 2,189,322us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 147,705,061us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ (143,254,173)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 6,990,210us-gaap_StockholdersEquity
Balance (in Shares) at Apr. 30, 2015 3,500us-gaap_SharesIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_PreferredStockMember
218,932,190us-gaap_SharesIssued
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember