CONDENSED CONSOLIDATED STATEMENT OF SHAREHOLDERS` EQUITY (USD $)
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Preferred Stock [Member]
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Common Stock [Member]
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Additional Paid-in Capital [Member]
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Retained Earnings [Member]
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Total
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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 |
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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 |
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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 |
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Retire common stock repurchased (in Shares) |
(800,000)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares / us-gaap_StatementEquityComponentsAxis = us-gaap_CommonStockMember |
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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 |
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- Definition
Repurchase of shares and canellation of warrants value adjusted to additional paid in capital (APIC). No definition available.
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X | ||||||||||
- Definition
This element represents the amount of recognized equity-based compensation related to stock options during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). No definition available.
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X | ||||||||||
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. No definition available.
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X | ||||||||||
- Definition
Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders. No definition available.
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X | ||||||||||
- Definition
Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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