Post-effective amendment to a registration statement that is not immediately effective upon filing

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)

v2.4.1.9
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
3 Months Ended 12 Months Ended 0 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Oct. 31, 2014
Oct. 31, 2013
Dec. 29, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
License and Services Revenue     $ 1,187,320us-gaap_LicenseAndServicesRevenue     
Deferred Revenue, Current         1,187,320us-gaap_DeferredRevenueCurrent  
Proceeds from Legal Settlements     2,000,000us-gaap_ProceedsFromLegalSettlements    
Fair Value Assumptions, Expected Dividend Rate     0.00%us-gaap_FairValueAssumptionsExpectedDividendRate    
Short-term Investments 2,650,000us-gaap_ShortTermInvestments   2,500,000us-gaap_ShortTermInvestments     
Share-based Compensation       2,127,719us-gaap_ShareBasedCompensation 2,693,121us-gaap_ShareBasedCompensation  
Convertible Preferred Stock [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)     18,498,943us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ConvertiblePreferredStockMember
0us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_ConvertiblePreferredStockMember
 
Convertible Debenture [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)     0us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= itus_ConvertibleDebentureMember
9,604,820us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= itus_ConvertibleDebentureMember
 
Licensees 1 [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Concentration Risk, Percentage       22.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CustomerConcentrationRiskMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= itus_Licensees1Member
 
Licensees 2 [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Concentration Risk, Percentage       16.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CustomerConcentrationRiskMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= itus_Licensees2Member
 
Licensees 3 [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Concentration Risk, Percentage       14.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CustomerConcentrationRiskMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= itus_Licensees3Member
 
Licensees 4 [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Concentration Risk, Percentage       10.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CustomerConcentrationRiskMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= itus_Licensees4Member
 
Warrant [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) 26,123,281us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_WarrantMember
19,128,231us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_WarrantMember
26,123,281us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_WarrantMember
9,878,759us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_WarrantMember
 
AUO License Agreement [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
License and Services Revenue       3,000,000us-gaap_LicenseAndServicesRevenue
/ us-gaap_RelatedPartyTransactionAxis
= itus_AUOLicenseAgreementMember
 
License Agreement, Aggregate License Fee       10,000,000itus_LicenseAgreementAggregateLicenseFee
/ us-gaap_RelatedPartyTransactionAxis
= itus_AUOLicenseAgreementMember
 
License Agreement, Contingent License Fee, Receivable       7,000,000itus_LicenseAgreementContingentLicenseFeeReceivable
/ us-gaap_RelatedPartyTransactionAxis
= itus_AUOLicenseAgreementMember
 
Deferred Revenue, Current       1,187,000us-gaap_DeferredRevenueCurrent
/ us-gaap_RelatedPartyTransactionAxis
= itus_AUOLicenseAgreementMember
 
AUO Settlement [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (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
  9,000,000us-gaap_ProceedsFromLegalSettlements
/ us-gaap_RelatedPartyTransactionAxis
= itus_AUOSettlementMember
Stock Options Granted To Employees And Directors [Member] | Employee Stock Option [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options     647,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
   
Stock Options Granted To Employees And Directors [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Share-based Compensation     2,128,000us-gaap_ShareBasedCompensation
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
2,693,000us-gaap_ShareBasedCompensation
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
 
Amortization Related To Compensation Cost     1,426,000itus_AmortizationRelatedToCompensationCost
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
2,314,000itus_AmortizationRelatedToCompensationCost
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
 
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized     2,482,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
   
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition 1 year 255 days   1 year 219 days    
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options   1,396,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockOptionsGrantedToEmployeesAndDirectorsMember
     
Stock Award Granted To Employees And Consultants [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Share-based Compensation     1,022,000us-gaap_ShareBasedCompensation
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockAwardGrantedToEmployeesAndConsultantsMember
1,105,000us-gaap_ShareBasedCompensation
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockAwardGrantedToEmployeesAndConsultantsMember
 
Amortization Related To Compensation Cost     964,000itus_AmortizationRelatedToCompensationCost
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockAwardGrantedToEmployeesAndConsultantsMember
1,105,000itus_AmortizationRelatedToCompensationCost
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockAwardGrantedToEmployeesAndConsultantsMember
 
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized     964,000us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_RelatedPartyTransactionAxis
= itus_StockAwardGrantedToEmployeesAndConsultantsMember
   
Property, Plant and Equipment, Useful Life     1 year 36 days    
Employee Stock Option [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares)     75,063,770us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
63,122,845us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
 
Awards Of Options With 10 Year Terms [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Share Based Compensation Arrangement By Share Based Payment Award, Award Vesting Period, Description       The stock options we granted during the year ended October 31, 2013 consisted of awards of options with 5-year terms, which vest over one year and options with 10-year terms which vest in three annual installments commencing on the date of grant or over a nine month period.  
Tax Credit Carryforward, Expiration Date Range       three annual installments commencing on the date of grant or over a nine month period.  
Patents [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Acquisition Costs, Period Cost     3,036,000us-gaap_AcquisitionCosts
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_PatentsMember
0us-gaap_AcquisitionCosts
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_PatentsMember
 
Amortization of Acquisition Costs     $ 314,000us-gaap_AmortizationOfAcquisitionCosts
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_PatentsMember
$ 0us-gaap_AmortizationOfAcquisitionCosts
/ us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis
= us-gaap_PatentsMember
 
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Concentration Risk, Percentage       90.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_SalesRevenueNetMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CustomerConcentrationRiskMember
 
Accounts Receivable [Member] | Credit Concentration Risk [Member]          
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]          
Concentration Risk, Percentage     100.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_AccountsReceivableMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CreditConcentrationRiskMember
100.00%us-gaap_ConcentrationRiskPercentage1
/ us-gaap_ConcentrationRiskByBenchmarkAxis
= us-gaap_AccountsReceivableMember
/ us-gaap_ConcentrationRiskByTypeAxis
= us-gaap_CreditConcentrationRiskMember