XML 32 R29.htm IDEA: XBRL DOCUMENT
v2.4.1.9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $) | 12 Months Ended | 0 Months Ended
--- | --- | ---
Oct. 31, 2014 | Oct. 31, 2013 | Dec. 29, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items] |  |  |
License and Services Revenue | $ 1,187,320 us-gaap_LicenseAndServicesRevenue |  |
Deferred Revenue, Current |  | 1,187,320 us-gaap_DeferredRevenueCurrent |
Proceeds from Legal Settlements | 2,000,000 us-gaap_ProceedsFromLegalSettlements |  |
Fair Value Assumptions, Expected Dividend Rate | 0.00%us-gaap_FairValueAssumptionsExpectedDividendRate |  |
Short-term Investments | 2,500,000 us-gaap_ShortTermInvestments |  |
Share-based Compensation | 2,127,719 us-gaap_ShareBasedCompensation | 2,693,121 us-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) | 18,498,943 us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = us-gaap_ConvertiblePreferredStockMember | 0 us-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) | 0 us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis = itus_ConvertibleDebentureMember | 9,604,820 us-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) | 26,123,281 us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis = us-gaap_WarrantMember | 9,878,759 us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis = us-gaap_WarrantMember |
AUO License Agreement [Member] |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items] |  |  |
License and Services Revenue |  | 3,000,000 us-gaap_LicenseAndServicesRevenue / us-gaap_RelatedPartyTransactionAxis = itus_AUOLicenseAgreementMember |
License Agreement, Aggregate License Fee |  | 10,000,000 itus_LicenseAgreementAggregateLicenseFee / us-gaap_RelatedPartyTransactionAxis = itus_AUOLicenseAgreementMember |
License Agreement, Contingent License Fee, Receivable |  | 7,000,000 itus_LicenseAgreementContingentLicenseFeeReceivable / us-gaap_RelatedPartyTransactionAxis = itus_AUOLicenseAgreementMember |
Deferred Revenue, Current |  | 1,187,000 us-gaap_DeferredRevenueCurrent / us-gaap_RelatedPartyTransactionAxis = itus_AUOLicenseAgreementMember |
AUO Settlement [Member] |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items] |  |  |
Proceeds from Legal Settlements | 9,000,000 us-gaap_ProceedsFromLegalSettlements / us-gaap_RelatedPartyTransactionAxis = itus_AUOSettlementMember |  | 9,000,000 us-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 | 647,000 us-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 | 2,128,000 us-gaap_ShareBasedCompensation / us-gaap_RelatedPartyTransactionAxis = itus_StockOptionsGrantedToEmployeesAndDirectorsMember | 2,693,000 us-gaap_ShareBasedCompensation / us-gaap_RelatedPartyTransactionAxis = itus_StockOptionsGrantedToEmployeesAndDirectorsMember |
Amortization Related To Compensation Cost | 1,426,000 itus_AmortizationRelatedToCompensationCost / us-gaap_RelatedPartyTransactionAxis = itus_StockOptionsGrantedToEmployeesAndDirectorsMember | 2,314,000 itus_AmortizationRelatedToCompensationCost / us-gaap_RelatedPartyTransactionAxis = itus_StockOptionsGrantedToEmployeesAndDirectorsMember |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 2,482,000 us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized / us-gaap_RelatedPartyTransactionAxis = itus_StockOptionsGrantedToEmployeesAndDirectorsMember |  |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | 1 year 219 days |  |
Stock Award Granted To Employees And Consultants [Member] |  |  |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items] |  |  |
Share-based Compensation | 1,022,000 us-gaap_ShareBasedCompensation / us-gaap_RelatedPartyTransactionAxis = itus_StockAwardGrantedToEmployeesAndConsultantsMember | 1,105,000 us-gaap_ShareBasedCompensation / us-gaap_RelatedPartyTransactionAxis = itus_StockAwardGrantedToEmployeesAndConsultantsMember |
Amortization Related To Compensation Cost | 964,000 itus_AmortizationRelatedToCompensationCost / us-gaap_RelatedPartyTransactionAxis = itus_StockAwardGrantedToEmployeesAndConsultantsMember | 1,105,000 itus_AmortizationRelatedToCompensationCost / us-gaap_RelatedPartyTransactionAxis = itus_StockAwardGrantedToEmployeesAndConsultantsMember |
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | 964,000 us-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) | 75,063,770 us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_AwardTypeAxis = us-gaap_EmployeeStockOptionMember | 63,122,845 us-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 | 3,036,000 us-gaap_AcquisitionCosts / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_PatentsMember | 0 us-gaap_AcquisitionCosts / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_PatentsMember |
Amortization of Acquisition Costs | $ 314,000 us-gaap_AmortizationOfAcquisitionCosts / us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis = us-gaap_PatentsMember | $ 0 us-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 |

X
- Definition Amount of amortization related to compensation cost. + References No definition available. + Details
Name: | itus_AmortizationRelatedToCompensationCost
Namespace Prefix: | itus_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Aggregate license fees receivable as per agreement. + References No definition available. + Details
Name: | itus_LicenseAgreementAggregateLicenseFee
Namespace Prefix: | itus_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount receivable based upon the occurrence of an event specified in the contractual terms. + References No definition available. + Details
Name: | itus_LicenseAgreementContingentLicenseFeeReceivable
Namespace Prefix: | itus_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The description of vesting period related to the share based compensation arrangement by share based payment award. + References No definition available. + Details
Name: | itus_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriodDescription
Namespace Prefix: | itus_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | itus_SUMMARYOFSIGNIFICANTACCOUNTINGPOLICIESDetailsLineItems
Namespace Prefix: | itus_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Expiration date range of tax credit carryforward. + References No definition available. + Details
Name: | itus_TaxCreditCarryforwardExpirationDateRange
Namespace Prefix: | itus_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The capitalized costs incurred during the period (excluded from amortization) to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-10.(c)(7)(ii)) -URI http://asc.fasb.org/extlink&oid=27015464&loc=d3e511914-122862 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 10 -Paragraph c -Subparagraph 3(ii)(A) -Article 4 + Details
Name: | us-gaap_AcquisitionCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of expense recognized in the current period that reflects the allocation of capitalized costs associated with acquisition of business. 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274 + Details
Name: | us-gaap_AmortizationOfAcquisitionCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Antidilution -URI http://asc.fasb.org/extlink&oid=6505113 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Diluted Earnings Per Share -URI http://asc.fasb.org/extlink&oid=6510752 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Contingent Stock Agreement -URI http://asc.fasb.org/extlink&oid=6508534 + Details
Name: | us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13537-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6404-108592 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=35750535&loc=d3e13531-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6351-108592 + Details
Name: | us-gaap_ConcentrationRiskPercentage1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 605 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 13.A.4(a).Q1) -URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 8 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6935-107765 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 13 -Section A + Details
Name: | us-gaap_DeferredRevenueCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Unrecognized cost of unvested share-based compensation awards. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Unrecognized cost of unvested options awarded to employees as compensation. + References No definition available. + Details
Name: | us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Expected dividends to be paid to holders of the underlying shares or financial instruments (expressed as a percentage of the share or instrument's price). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsExpectedDividendRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Revenue from multiple-deliverable arrangements that include licensing fees and services revenue. Licensing revenue is consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. Services revenue may be derived by providing other, nonspecified, services during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(d),(e)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_LicenseAndServicesRevenue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Cash received for the settlement of litigation during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3536-108585 + Details
Name: | us-gaap_ProceedsFromLegalSettlements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. + References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentUsefulLife
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
Name: | us-gaap_ShareBasedCompensation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Investments which are intended to be sold in the short term (usually less than one year or the normal operating cycle, whichever is longer) including trading securities, available-for-sale securities, held-to-maturity securities, and other short-term investments not otherwise listed in the existing taxonomy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.2) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Subparagraph g -Article 7 + Details
Name: | us-gaap_ShortTermInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis=us-gaap_WarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=itus_AwardsOfOptionsWith10YearTermsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_SalesRevenueNetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis=us-gaap_PatentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=itus_ConvertibleDebentureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_ConvertiblePreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=itus_AUOLicenseAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=itus_AUOSettlementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=itus_StockAwardGrantedToEmployeesAndConsultantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=itus_StockOptionsGrantedToEmployeesAndDirectorsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=itus_Licensees1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=itus_Licensees2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=itus_Licensees3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=itus_Licensees4Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |