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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 |

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- 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
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- 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
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- 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
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