The sides finished 2-2 after extra time, losing by 4-3 on penalties
Ireland captain, Leixlip's Nathan Collins says the squad is "heartbroken" after last night's loss in Prague.
A 4-3 defeat on penalties ended their hopes of making an appearance in this year's World Cup.
They will play North Macedonia in a friendly on Tuesday night in the Aviva Stadium, while Czechia will play Denmark in the play-off final.

Tuesday Morning Sports Update
All Ireland Football Championship Opening Round Fixtures Confirmed
Tommy O'Brien Among Injury Doubts For Leinster's Champion Cup Final On Saturday
Monday Morning Sports Update
Sunday Evening Sports Update
Mourinho's Benefica Go Unbeaten but Miss Title
Brave Kildare Fall Short in Leinster Ladies Final
Chelsea Appoint Xabi Alonso as New Manager