If you let the toggle go forward under full spring pressure it cocks the firing pin, but wont after firing a round? Or do you have to ride the toggle forward slowly and actually push it down into full battery to cock the firing pin? Maybe the disconnect spring has lost some tension and isn't keeping the disconnect in place long enough to catch the sear located on the side of the firing pin. Or the trigger lever is preloading the disconnect so as to prevent the mating surface of the disconnect from catching the sear and cocking as toggle comes down and bolt moves into battery. Whatever it is, there isn't enough surface area of the sear being caught by the disconnect under firing, it's just passing by the disconnect as the bolt goes into battery. Remember these guns were hand fitted, parts numbered for a reason, they work great if kept original, start replacing parts and then the hand fitting comes back into play. When pulling the toggle back to cock the weapon, you should hear an audible "click" as the sear is pushing the disconnect outward while the two mating surfaces pass. You will see the disconnect pivot outward from the frame at the point where the safety would engage the side of the disconnect. Also check the fit of the side plate, it should fit flush to the frame on all edges without effort. If the side plate isn't fitted properly then it's preloading the disconnect.
Any way to post pics?