TDA, you sound like a nice guy, but you know next to nothing about developing enterprise software and building out enterprise sales. Much harder than it looks.
Unless the ACV (annual contract value) for all these 1-Page enterprise deals is $100k+, then you will be waiting a long time before annual recurring revenue to hit $1m... let alone $26m with will justify the current valuation for $200m+.
There are countless companies which do justify their valuation based on ARR's, for example Atlassian does $200m in revenue valued at $2bn.