FORM 10-QSB

(Mark One)

|x | Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ---------------------------------------------------------------------------------
|  |                                                                                  
|  | For the quarterly period endedMarch 31, 2006                                     
|  |                                                                                  
|o | Transition report under Section 13 or 15(d) of the Exchange Act                  
|  |                                                                                  
|  | For the transition period from _______________ to_______________                 

Commission File Number000-51115

|                                |                    
|------------------------------- | -------------------
|                                |                    
|Delaware                        | 20-1635240         
|(State or other Jurisdiction of | (I.R.S. Employer   
|Incorporation or Organization)  | Identification No.)

(516) 739-1017(Issuers Telephone Number, Including Area Code)

Check whether the issuer (1)
filed all reports required to be filed by Section 13 or 15(d) of the Exchange
Act during the past 12 months (or for such shorter period that the registrant
was required to  file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yesx Noo

Indicate by check mark whether
the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
YesxNoo

As of May 15, 2006, 8,400,000 shares of common stock, par value $.0001 per share, were issued and outstanding.

Transitional
Small Business Disclosure Format (check one):                Yeso Nox

---



|                                                                                                      |  |    |  |  |  |  | Page
|----------------------------------------------------------------------------------------------------- |  | -- |  |  |  |  | ----
|Part I: Financial Information:                                                                        |  |   
|                                                                                                      | 
|Item 
        1 
        Financial Statements (Unaudited):                                           | 
|                                                                                                      |  |   
|Balance Sheet                                                                                         |  | 3 
|                                                                                                      |  |   
|Statements of Operations                                                                              |  | 4 
|                                                                                                      |  |   
|Statements of Stockholders Equity                                                                    |  | 5 
|                                                                                                      |  |   
|Statements of Cash Flows                                                                              |  | 6 
|                                                                                                      |  |   
|Notes to Financial Statements                                                                         |  | 7 
|                                                                                                      |  |   
|Item 
        2 
         
        Managements Discussion and Analysis or Plan
        of Operation |  | 10
|                                                                                                      |  |   
|Item 
        3 
         Controls and Procedures                                                    |  | 11
|                                                                                                      |  |   
|Part II. Other Information                                                                            |  |   
|                                                                                                      |  |   
|Item 
        2 
         
        Unregistered Sales of Equity Securities and Use of Proceeds       |  | 12
|                                                                                                      |  |    |  |  |  |  |     
|Item 
        6 
         
        Exhibits                                                          |  | 12
|                                                                                                      |  |    |  |  |  |  |     
|Signatures                                                                                            |  |    |  |  |  |  |     

2

---



Ardent Acquisition Corporation  (a corporation in the development stage)


Condensed Balance Sheet

---

|                                                |                |            |                   |   |           
|----------------------------------------------- | -------------- | ---------- | ----------------- | - | ----------
|                                                |                |            |                   |   |           
|                                                | March 31, 2006 |            | December 31, 2005
|                                                | (unaudited)    |            |                   |  
|                                                |                |            |                   |   |           
|ASSETS                                          |                |            |                   |   |           
|Current assets:                                 |                |            |                   |   |           
|Cash                                            | $              | 335,248    |                   | $ | 541,355   
|Assets held in Trust Fund (Note 1)              |                | 37,593,131 |                   |   | 37,214,871
|Prepaid expenses                                |                | 98,578     |                   |   | 19,828    
|                                                |                |            |                   |   |           
|Total current assets                            |                | 38,026,957 |                   |   | 37,776,054
|Deferred Tax Asset                              |                | 162,570    |                   |   | 110,570   
|                                                |                |            |                   |   |           
|                                               
|Total assets                                    | $              | 38,189,527 |                   | $ | 37,886,624
|                                                |                |            |                   |   |           
|                                               
|LIABILITIES AND STOCKHOLDERS EQUITY            |                |            |                   |   |           
|Current liabilities:                            |                |            |                   |   |           
|Accounts Payable                                | $              | 14,286     |                   | $ | 2,011     
|Accrued expenses                                |                | 33,240     |                   |   | 133,772   
|Deferred Interest                               |                | 274,089    |                   |   | 198,475   
|Taxes payable                                   |                | 200,322    |                   |   | --        
|                                                |                |            |                   |   |           
|Total current liabilities                       |                | 521,937    |                   |   | 334,258   
|                                                |                |            |                   |   |           
|                                               
|Common stock, subject to possible conversion,   |                |            |                   |   |           
|1,379,310 shares at conversion value (Note 2)   |                | 7,240,778  |                   |   | 7,240,778 
|                                                |                |            |                   |   |           
|                                               
|Commitment (Note 4)                             |                |            |                   |   |           
|                                               
|Stockholders equity (Notes 1, 2, 3 and 4)      |                |            |                   |   |           
|Preferred stock, $.0001 par value, Authorized   |                | --         |                   |   | --        
|1,000,000 shares; none issued                   |                |            |                   |   |           
|Common stock, $.0001 par value                  |                |            |                   |   |           
|Authorized 30,000,000 shares                    |                |            |                   |   |           
|Issued and outstanding 8,400,000 shares         |                | 840        |                   |   | 840       
|(which includes 1,379,310 subject to possible   |                |            |                   |   |           
|conversion) and 1,500,000 respectively          |                |            |                   |   |           
|Additional paid-in capital                      |                | 30,010,555 |                   |   | 30,010,555
|Income accumulated during the development stage |                | 415,417    |                   |   | 300,193   
|                                                |                |            |                   |   |           
|                                               
|Total stockholders equity                      |                | 30,426,812 |                   |   | 30,311,588
|                                                |                |            |                   |   |           
|                                               
|Total liabilities and stockholders equity      | $              | 38,189,527 |                   | $ | 37,886,624
|                                                |                |            |                   |   |           

See Notes to Unaudited Condensed Financial Statements.

3

---



Ardent Acquisition Corporation  (a corporation in the development stage)


Unaudited Condensed Statements of Operations

---

|                                                      | For the Three Months |           | For the Three Months  |   | For the Period from           
|----------------------------------------------------- | -------------------- | --------- | --------------------- | - | ------------------------------
|                                                      | Ended March 31, 2006 |           | Ending March 31, 2005 |   | September 14, 2004 (inception)
|                                                      |                      |           |                       |   |                               
|                                                      |                      |           |                       |   |                               
|Income:                                               |                      |           |                       |   |                               
|Interest Income                                       | $                    | 4,904     |                       | $ | 1,282                         
|Interest Income on Trust Assets                       |                      | 302,646   |                       |   | 59,115                        
|                                                      |                      |           |                       |   |                               
|Total Income                                          | $                    | 307,550   |                       | $ | 60,397                        
|                                                      |                      |           |                       |   |                               
|Expenses:                                             |                      |           |                       |   |                               
|Professional fees                                     | $                    | 11,291    |                       | $ | 3,948                         
|Rent and office                                       |                      | 22,500    |                       |   | 9,375                         
|State Franchise and Capital Taxes                     |                      | 8,688     |                       |   | 16,669                        
|Insurance                                             |                      | 26,250    |                       |   | 8,750                         
|Other formation and operating costs                   |                      | 41,597    |                       |   | 8,545                         
|                                                      |                      |           |                       |   |                               
|Total Expenses                                        | $                    | 110,326   |                       | $ | 47,287                        
|                                                      |                      |           |                       |   |                               
|Income before provision for income taxes              | $                    | 197,224   |                       | $ | 13,110                        
|                                                     
|Provision for income taxes                            |                      | 82,000    |                       |   | 4,400                         
|                                                      |                      |           |                       |   |                               
|                                                     
|Net income/(loss) for the period                      | $                    | 115,224   |                       | $ | 8,710                         
|                                                      |                      |           |                       |   |                               
|                                                     
|Net income per share basic and diluted                | $                    | 0.01      |                       | $ | 0.00                          
|                                                      |                      |           |                       |   |                               
|Weighted average shares outstanding basic and diluted |                      | 8,400,000 |                       |   | 3,780,000                     
|                                                      |                      |           |                       |   |                               

See Notes to Unaudited Condensed Financial Statements

4

---



Ardent Acquisition Corporation  (a corporation in the development stage)


Statement of Stockholders Equity

---





|                                              |  |              |                  |             | (Deficit)/Income |            
|--------------------------------------------- |  | ------------ | ---------------- | ----------- | ---------------- | -----------
|                                              |  |              |                  |             | Accumulated      |            
|                                              |  | Common Stock | Addition paid-in | During the  |                 
|                                              |  | Shares       | capital          | Development | Total           
|                                              |  | Amount       |                  | Stage       |                 
|                                              |  |              |                  |             |                  |            
|Sale of 1,500,000 shares of common stock to   |  | 1,500,000    | $150             | $24,850     | --               | $25,000    
|initial stockholders on September 14, 2005 at |  |              |                  |             |                  |            
|$.0167 per share                              |  |              |                  |             |                  |            
|                                             
|Net Loss for the period                       |  | --           | --               | --          | $(1,651)         | (1,651)    
|                                              |  |              |                  |             |                  |            
|Balance at December 31, 2004                  |  | 1,500,000    | $150             | $24,850     | $(1,651)         | $23,349    
|                                             
|                                             
|Sale of 6,900,000 units, net of underwriters |  | 6,900,000    | 690              | 37,226,383  |                  | 37,227,073 
|discount and offering expenses (includes      |  |              |                  |             |                  |            
|1,379,310 shares subject to possible          |  |              |                  |             |                  |            
|conversion)                                   |  |              |                  |             |                  |            
|                                             
|Proceeds subject to possible conversion of    |  |              |                  |             |                  |            
|1,379,310 shares                              |  | --           | --               | (7,240,778) | --               | (7,240,778)
|                                             
|Proceeds from issuance of option              |  |              |                  | 100         |                  | 100        
|                                             
|Net income for the period                     |  | --           | --               | --          | 301,844          | 301,844    
|                                              |  |              |                  |             |                  |            
|                                             
|Balance, December 31, 2005                    |  | 8,400,000    | $840             | $30,010,555 | $300,193         | $30,311,588
|                                              |  |              |                  |             |                  |            
|                                             
|Unaudited:                                    |  |              |                  |             |                  |            
|                                             
|Net income for the period                     |  | --           | --               | --          | 115,224          | 115,224    
|                                              |  |              |                  |             |                  |            
|                                             
|Balance, March 31, 2006                       |  | 8,400,000    | $840             | $30,010,555 | $415,417         | $30,426,812
|                                              |  |              |                  |             |                  |            

See Notes to Unaudited Condensed Financial Statements.

5

---



Ardent Acquisition Corporation(a corporation in the development stage)

Unaudited Condensed Statements of Cash Flows

---



|                                              |  | For the three months ending |          |   | For the three months  |   |            | For the period from | 
|--------------------------------------------- |  | --------------------------- | -------- | - | --------------------- | - | ---------- | ------------------- | 
|                                              |  | March 31, 2006              |          |   | ending March 31, 2005 |   |            | September 14, 2004  | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                             
|                                             
|                                             
|Cash flow from operating activities           |  |                             |          |   |                       |   |            |                     | 
|Net income                                    |  | $                           | 115,224  |   |                       | $ | 8,710      |                     | 
|Adjustments to reconcile net                  |  |                             |          |   |                       |   |            |                     | 
|income to net cash used                       |  |                             |          |   |                       |   |            |                     | 
|in operating activities:                      |  |                             |          |   |                       |   |            |                     | 
|Deferred Tax Asset                            |  |                             | (52,000  | ) |                       |   | --         |                     | 
|Accrued interest on Treasury                  |  |                             | (378,260 | ) |                       |   | (73,884    | )                   | 
|Bills                                         |  |                             |          |   |                       |   |            |                     | 
|(Increase) in Receivables                     |  |                             |         |   |                       |   | (100       | )                   | 
|(Increase) in prepaid                         |  |                             | (78,750  | ) |                       |   | (99,584    | )                   | 
|expenses                                      |  |                             |          |   |                       |   |            |                     | 
|Decrease in accrued expenses                  |  |                             | (100,532 | ) |                       |   | 2,048      |                     | 
|Increase in deferred interest                 |  |                             | 75,614   |   |                       |   | 14,769     |                     | 
|Increase in accounts payable                  |  |                             | 12,275   |   |                       |   | 27,746     |                     | 
|Increase in taxes payable                     |  |                             | 200,322  |   |                       |   | 20,866     |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|Net cash used in operating                    |  | $                           | (206,107 | ) |                       | $ | (99,429    | )                   | 
|activities                                    |  |                             |          |   |                       |   |            |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                             
|Cash Flow from Investing                      |  |                             |          |   |                       |   |            |                     | 
|Activity  assets placed
            in Trust |  |                             |         |   |                       |   | 36,222,000 |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                             
|                                             
|Cash flows from financing                     |  |                             |          |   |                       |   |            |                     | 
|activities                                    |  |                             |          |   |                       |   |            |                     | 
|Gross Proceeds                                |  |                             | --       |   |                       |   | 41,400,000 |                     | 
|Proceeds from notes,                          |  |                             | --       |   |                       |   | --         |                     | 
|stockholder                                   |  |                             |          |   |                       |   |            |                     | 
|Payment of notes, stockholder                 |  |                             | --       |   |                       |   | (70,000    | )                   | 
|Proceeds from sale of shares                  |  |                             |          |   |                       |   |            |                     | 
|of common stock                               |  |                             | --       |   |                       |   | 0          |                     | 
|Proceeds from issuance of                     |  |                             |          |   |                       |   |            |                     | 
|option                                        |  |                             | --       |   |                       |   | 100        |                     | 
|Payment of costs of public                    |  |                             |          |   |                       |   |            |                     | 
|offering                                      |  |                             | --       |   |                       |   | (4,085,655 | )                   | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                             
|Net cash provided by financing                |  | $                           |         |   |                       | $ | 37,244,445 |                     | 
|activities                                    |  |                             |          |   |                       |   |            |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|                                             
|Net increase in cash                          |  | $                           | (206,107 | ) |                       | $ | 923,016    |                     | 
|Cash at beginning of the period               |  |                             | 541,355  |   |                       |   | 6,314      |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 
|Cash at the end of the period                 |  | $                           | 335,248  |   |                       | $ | 929,330    |                     | 
|                                              |  |                             |          |   |                       |   |            |                     | 

See Notes to Unaudited Condensed Financial Statements.

6

---



Ardent Acquisition Corporation  (a corporation in the development stage)


Notes to Unaudited Condensed Financial Statements

|1 | . | Basis of Presentation | The financial statements at March 31, 2006 and for the periods ended      
|- | - | --------------------- | --------------------------------------------------------------------------
|  |   |                       | March 31, 2006 are unaudited. In the opinion of management, all           
|  |   |                       | adjustments (consisting of normal accruals) have been made that are       
|  |   |                       | necessary to present fairly the financial position of Ardent Acquisition  
|  |   |                       | Corporation (the Company) as of March 31, 2006 and 2005 and the         
|  |   |                       | results of its operations and its cash flow for the periods ended March   
|  |   |                       | 31, 2006. Operating results for the interim period presented are not      
|  |   |                       | necessarily indicative of the results to be expected for a full year.     
| 
|  |   |                       | The statements and related notes have been prepared pursuant to the       
|  |   |                       | rules and regulations of the U.S. Securities and Exchange                 
|  |   |                       | Commission. Accordingly, certain information and footnote                 
|  |   |                       | disclosures normally included in financial statements prepared in         
|  |   |                       | accordance with generally accepted accounting principles have been        
|  |   |                       | omitted pursuant to such rules and regulations. These financial           
|  |   |                       | statements should be read in conjunction with the financial statements    
|  |   |                       | that were included in the Companys Annual Report on Form 10-KSB          
|  |   |                       | for the period ended December 31, 2005. The December 31, 2005             
|  |   |                       | balance sheet was derived from the audited financial statements.          
| 
|2 | . | Organization and      | The Company was incorporated in September 14, 2004 as a blank             
|  |   | Business Operations   | check company whose objective is to acquire an operating business.        
| 
|  |   |                       | The registration statement for the Companys initial public offering      
|  |   |                       | (Offering) was declared effective February 24, 2005. The Company        
|  |   |                       | consummated the offering on March 2, 2005 and received net proceeds       
|  |   |                       | of approximately $32,205,000 (Note 3). On March 3, 2005, the              
|  |   |                       | Company consummated the closing of the over-allotment option and          
|  |   |                       | the Company received net proceeds of approximately $5,022,000             
|  |   |                       | (Note 3). The Companys management has broad discretion with              
|  |   |                       | respect to the specific application of the net proceeds of this Offering, 
|  |   |                       | although substantially all of the net proceeds of this Offering are       
|  |   |                       | intended to be generally applied toward consummating a business           
|  |   |                       | combination with an operating business (Business Combination).          
|  |   |                       | An amount of approximately $36,222,000 of the net proceeds is being       
|  |   |                       | held in an interest-bearing trust account (Trust Fund) until the earlier
|  |   |                       | of (i) the consummation of a Business Combination or (ii) liquidation     
|  |   |                       | of the Company. Under the agreement governing the Trust Account,          
|  |   |                       | funds will only be invested in United States government securities      
|  |   |                       | within the meaning of Section 2(a)(16) of the Investment Company          
|  |   |                       | Act of 1940 with a maturity of 180 days or less, or in money market       
|  |   |                       | funds meeting certain conditions under Rule 2a-7 promulgated under        
|  |   |                       | the Investment Company Act of 1940. At March 31, 2006, the value          
|  |   |                       | of the Trust Account amounted to approximately $37,593,131. The           
|  |   |                       | excess of market value over cost, exclusive of the deferred interest      
|  |   |                       | described further below, is included in interest income in the            

7

---



Ardent Acquisition Corporation(a corporation in the development stage)

Notes to Unaudited Condensed Financial Statements

| | accompanying statements of operations.
        The remaining net proceeds        
| | ---------------------------------------------------------------------------------
| | (not held in the Trust Fund) may
        be used to pay for business, legal and  
| | accounting due diligence on prospective
        acquisitions and continuing      
| | general and administrative expenses.                                             
| |                                                                                  
| | The Company, after signing a definitive
        agreement for the acquisition    
| | of a target business, will submit
        such transaction for stockholder       
| | approval. In the event that stockholders
        owning 20% or more of the       
| | shares sold in the Offering vote
        against the Business Combination and    
| | exercise their conversion rights
        described below, the Business           
| | Combination will not be consummated.
        All of the Companys                
| | stockholders prior to the Offering,
        including all of the officers and    
| | directors of the Company (Initial
        Stockholders), have agreed to vote   
| | their 1,500,000 founding shares
        of common stock in accordance with       
| | the vote of the majority in interest
        of all other stockholders of the    
| | Company (Public Stockholders)
        with respect to any Business             
| | Combination. After consummation
        of a Business Combination, these         
| | voting safeguards will no longer
        be applicable.                          
| |                                                                                  
| | With respect to a Business Combination
        which is approved and             
| | consummated, any Public Stockholder
        who voted against the Business       
| | Combination may demand that the
        Company convert his or her shares.       
| | The per share conversion price
        will equal the amount in the Trust Fund   
| | as of two days prior to the consummation
        of the proposed Business        
| | Combination divided by the number
        of shares of common stock held         
| | by Public Stockholders at the consummation
        of the Offering.              
| | Accordingly, Public Stockholders
        holding 19.99% of the aggregate         
| | number of shares owned by all Public
        Stockholders may seek               
| | conversion of their shares in the
        event of a Business Combination.       
| | Such Public Stockholders are entitled
        to receive their per share interest
| | in the Trust Fund computed without
        regard to the shares held by Initial  
| | Stockholders. Accordingly, a portion
        of the net proceeds from the        
| | offering (19.99% of the amount
        originally held in the Trust Fund) has    
| | been classified as common stock
        subject to possible conversion in the    
| | accompanying March 31, 2006 balance
        sheet and 19.99% of the              
| | related interest earned on the
        Treasury Bill has been recorded as        
| | deferred interest.                                                               
| |                                                                                  
| | The Companys Certificate
        of Incorporation provides for mandatory        
| | liquidation of the Company in the
        event that the Company does not        
| | consummate a Business Combination
        within 18 months from the date         
| | of the consummation of the Offering,
        or 24 months from the               
| | consummation of the Offering if
        certain extension criteria have been     
| | satisfied. There is no assurance
        that the Company will be able to        
| | successfully effect a Business
        Combination during this period. This      
| | factor raises substantial doubt
        about the Companys ability to continue  

8

---



Ardent Acquisition Corporation  (a corporation in the development stage)


Notes to Unaudited Condensed Financial Statements

|  |   |                         | as a going concern. The accompanying financial statements are            
|- | - | ----------------------- | -------------------------------------------------------------------------
|  |   |                         | prepared assuming the Company will continue as a going concern.          
|  |   |                         | The financial statements do not include any adjustments that might       
|  |   |                         | result from the outcome of this uncertainty. In the event of             
|  |   |                         | liquidation, it is likely that the per share value of the residual assets
|  |   |                         | remaining available for distribution (including Trust Fund assets) will  
|  |   |                         | be less than the initial public offering price per share in the Offering 
|  |   |                         | (assuming no value is attributed to the Warrants contained in the Units  
|  |   |                         | sold in the Offering discussed in Note 3).                               
| 
|3 | . | Initial Public Offering | On March 2, 2005, the Company sold 6,000,000 units (Units) in the      
|  |   |                         | Offering. On March 3, 2005, the Company sold an additional 900,000       
|  |   |                         | Units pursuant to the underwriters over-allotment option. Each Unit     
|  |   |                         | consists of one share of the Companys common stock, $.0001 par          
|  |   |                         | value, and two Redeemable Common Stock Purchase Warrants                 
|  |   |                         | (Warrants). Each Warrant will entitle the holder to purchase from      
|  |   |                         | the Company one share of common stock at an exercise price of $5.00      
|  |   |                         | commencing the later of the completion of a Business Combination         
|  |   |                         | with a target business or one year from the effective date of the        
|  |   |                         | Offering and expiring five years from the date of the prospectus. The    
|  |   |                         | Warrants will be redeemable at a price of $.01 per Warrant upon 30       
|  |   |                         | days notice after the Warrants become exercisable, only in the event    
|  |   |                         | that the last sale price of the common stock is at least $8.50 per share 
|  |   |                         | for any 20 trading days within a 30 trading day period ending on the     
|  |   |                         | third day prior to the date on which notice of redemption is given. In   
|  |   |                         | connection with this Offering, the Company issued, for $100, an          
|  |   |                         | option to the representative of the underwriters to purchase 300,000     
|  |   |                         | Units at an exercise price of $9.90 per Unit. In addition, the warrants  
|  |   |                         | underlying such Units are exercisable at $6.25 per share.                
| 
|4 | . | Common Stock            | On January 4, 2005, the Companys Board of Directors authorized a        
|  |   |                         | stock dividend of 0.666666 shares of common stock for each               
|  |   |                         | outstanding share of common stock and on January 24, 2005, the           
|  |   |                         | Companys Board of Directors authorized a further stock dividend of      
|  |   |                         | 0.2 shares of common stock for each outstanding share of common          
|  |   |                         | stock. All references in the accompanying financial statements to the    
|  |   |                         | numbers of shares have been retroactively restated to reflect these      
|  |   |                         | transactions.                                                            
| 
|  |   |                         | As of March 31, 2006, 14,700,000 shares of common stock were             
|  |   |                         | reserved for issuance upon exercise of redeemable warrants and           
|  |   |                         | underwriters unit
    purchase option.                                  

9

---



ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following discussion should be read in conjunction with the Companys Consolidated Financial Statements and footnotes thereto contained in this report.

Forward Looking Statements

The statements discussed in this Report include forward looking statements that involve risks and uncertainties detailed from time to time in the Companys reports filed with the
Securities and Exchange Commission.

We were formed on September 14, 2004, to serve as a vehicle to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. We
intend to utilize cash derived from the proceeds of our recently completed public offering, our capital stock, debt or a combination of cash, capital stock and debt, in effecting a business combination.

For the three months ended March 31, 2006, we had a net profit of $115,224, attributable to interest income and unrealized gains on Trust assets offset primarily by routine operational
expenses such as rent, insurance, and professional fees.

For the three months ended March 31, 2005, we had a net profit of $8,710, attributable to interest income and unrealized gains on Trust assets offset primarily by routine operational
expenses such as rent, insurance, and professional fees.

For the period from September 14, 2004 (inception) through March 31, 2006, we had a net profit of $415,417, attributable to interest income and unrealized gains on Trust assets offset
primarily by routine operational expenses such as rent, insurance, and professional fees.

We consummated our initial public offering on March 2, 2005. On March 4, 2005, we closed on an additional 900,000 units that were subject to the underwriters over-allotment option. Gross
proceeds from our initial public offering were $41,400,000. We paid a total of $2,898,000 in underwriting discounts and commissions, and approximately $1,277,000 was or will be paid for costs and expenses related to the offering,
including $720,000 for the underwriters non-accountable expense allowance of 2% of the gross proceeds. After deducting the underwriting discounts and commissions and the offering expenses, the total net proceeds to us from the offering
were approximately $37,227,000, of which $36,222,000 was deposited into the trust account (or $5.25 per share sold in the offering). The remaining proceeds are available to be used by us to provide for business, legal and accounting due
diligence on prospective acquisitions and continuing general and administrative expenses. We will use substantially all of the net proceeds of this offering to acquire a target business, including identifying and evaluating prospective acquisition
candidates, selecting the target business, and structuring, negotiating and consummating the business combination. To the extent that our capital stock is used in whole or in part as consideration to effect a business combination, the proceeds held
in the trust fund as well as any other net proceeds not expended will be used to finance the operations of the target business. We believe we will have sufficient available funds outside of the trust fund to operate through March 2, 2007, assuming
that a business combination is not consummated during that time. From March 2, 2005 through March 2, 2007, we anticipate approximately $180,000 for the administrative fee payable to American Fund Advisors ($7,500 per month for two years),
$150,000 of expenses for legal, accounting and other expenses attendant to the due diligence investigations, structuring and negotiating of a business combination, $50,000 of expenses for the due diligence and investigation of a target
business, $40,000 of expenses in legal and accounting fees relating to our SEC reporting obligations and $585,000 for general working capital that will be used for miscellaneous expenses and reserves, including approximately $210,000 for
director and officer liability insurance premiums. We do not believe we will need

11

---



to raise additional funds following this offering in order to meet the expenditures required for operating our business. However, we may need to raise additional funds through a private offering of debt or equity securities
if such funds are required to consummate a business combination that is presented to us. We would only consummate such a financing simultaneously with the consummation of a business combination.

Commencing on February 24, 2005 and ending upon the acquisition of a target business, we incur a fee from American Fund Advisors, an affiliate of Barry J. Gordon, our chairman of the board and
chief executive officer, Marc H. Klee, our president, chief financial officer and secretary, and Alan J. Loewenstein,
our vice president, of $7,500 per month for providing us with office space and certain office and secretarial services. In addition, in September 2004 and January 2005, Barry J. Gordon advanced an aggregate
of $77,500 to us for payment on our behalf of offering expenses. These loans
were repaid following our initial public offering from the proceeds of the offering.

ITEM 3. CONTROLS AND PROCEDURES.

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in company reports filed or submitted under the
Securities Exchange Act of 1934 (the "Exchange Act") is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include, without
limitation, controls and procedures designed to ensure that information required to be disclosed in company reports filed or submitted under the Exchange Act is accumulated and communicated to management, including our chief executive officer and
treasurer, as appropriate to allow timely decisions regarding required disclosure.

As required by Rules 13a-15 and 15d-15 under the Exchange Act, our chief executive officer and chief financial officer carried out an evaluation of the effectiveness of the design and operation
of our disclosure controls and procedures as of March 31, 2006. Based upon their evaluation, they concluded that our disclosure controls and procedures were effective.

Our internal control over financial reporting is a process designed by, or under the supervision of, our chief executive officer and chief financial officer and effected by our board of
directors, management and other personnel, to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of our financial statements for external purposes in accordance with generally accepted accounting
principles. Internal control over financial reporting includes policies and procedures that pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of our assets; provide
reasonable assurance that transactions are recorded as necessary to permit preparation of our financial statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance
with the authorization of our board of directors and management; and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our
financial statements.

During the most recently completed fiscal quarter, there has been no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially
affect, our internal control over financial reporting.

12

---



PART II.

OTHER INFORMATION

ITEM 2: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

On March 2, 2005, we consummated our initial public offering of 6,000,000 Units, with each unit consisting of one share of our common stock and two warrants, each to purchase one share of our
common stock at an exercise price of $5.00 per share. On March 4, 2005, we closed on an additional 900,000 units that were subject to the underwriters over-allotment option. The units were sold at an offering price of $6.00 per unit,
generating total gross proceeds of $41,400,000. The managing underwriter in the offering was EarlyBirdCapital, Inc. The securities sold in the offering were registered under the Securities Act of 1933 on a registration statement on Form S-1 (No.
333-121028). The Securities and Exchange Commission declared the registration statement effective on February 24, 2005.

We paid a total of $2,898,000 in underwriting discounts and commissions, and approximately $1,275,000 has been or will be paid for costs and expenses related to the offering, including
$720,000 for the underwriters' non-accountable expense allowance of 2% of the gross proceeds (excluding the over-allotment option).

After deducting the underwriting discounts and commissions and the offering expenses, the total net proceeds to us from the offering were approximately $37,227,000, of which $36,222,000
was deposited into a trust fund (or $5.25 per share sold in the offering) and the remaining proceeds are available to be used to provide for business, legal and accounting due diligence on prospective business combinations and continuing general
and administrative expenses.

For a description of the use of the proceeds generated in our initial public offering, see Part I, Item 2 of this Form 10-QSB.

ITEM 6: EXHIBITS

| | (a) | Exhibits:                              
| | --- | ---------------------------------------
|
| |     | 31.1
 Section 302 Certification by CEO
|
| |     | 31.2
 Section 302 Certification by CFO
|
| |     | 32.1 Section
906 Certification by CEO 
|
| |     | 32.2
 Section 906 Certification by CFO
|

13

---



SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

|                              | ARDENT ACQUISITION                               
|----------------------------- | -------------------------------------------------
|                              | CORPORATION                                      
|                             
|Dated: May
          15, 2006 |                                                  
|                              | /s/ Barry J. Gordon                              
|                              | Barry J. Gordon                                  
|                              | Chairman of the Board and Chief Executive Officer
|                             
|                             
|                              | /s/ Marc H. Klee                                 
|                              | Marc H. Klee                                     
|                              | President and Chief Financial Officer            

14

---