Andrej Kramarić's goal against World Cup hosts, Russia. "We gave everything we could".
Croatia grabbed the lead in extra-time thanks to a header from Domagoj Vida following a corner, but with just six minutes to go Russian Federation made it 2-2 when Mario Fernandes glanced home a header following a free-kick.
Vida was booked moments later after removing his top during his goal celebration.
Zlatko Dalic's men needed a penalty shootout victory of their own against Denmark in the last round after Luka Modric missed a spot kick in normal time.
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Subasic, 33, saved three penalties in Sunday's round-of-16 shootout win in Nizhny Novgorod, and afterward showed the tribute to close friend Hrvoje Custic, who died in 2008 after being injured during a game falling into a concrete wall near the sideline of a field.
The draw of 1-1 remained flashing on the scoreboard as both teams retreated for the 15-minute break ahead of the second half, .
Following some superb attacking displays, comparisons with the 1998 team that midfielder Ivan Rakitic - who was born in Switzerland to parents who originally hailed from Croatia - remembers so well were inevitably made.
Mario Mandzukic ran unchallenged into the penalty area and chipped a low ball back into the centre where unmarked Kramaric scored with a glancing header.