Am I understanding wrong?

If one side doesn't have sufficient material to theoretically checkmate the other side, but the other side runs out of time, then it is a draw. But if a win is theoretically possible then if the other side runs out of time then they lose.

so why is this a draw if theoretically this position is possible?

uhh i was black and my opponent ran out of time but theoretically a checkmate should be possible if the white king traps itself in the corner

is it theoretical checkmate without or with the consideration of skill level because i think it's without consideration of skill level and assuming all moves are possible to be made

The site only looks at the material the side with time has, in most cases. King+Knight is insufficient material to win on time here.

https://support.chess.com/en/articles/8557986-my-opponent-ran-out-of-time-why-was-it-a-draw

Yes. We have seen matches also where there were more than two pieces on the board. Chess.com declared, “Insufficient material” and forced a draw. That cost us a Chess.com gold medal three of four times. Other apps and or websites would have let the players continue until the only two pieces on the board are the opposing kings. That is “Insufficient material” in the purist sense.

If Chess.com is looking to “speed up” the match or discourage a few pieces being moved around the board so to speak, just keep it time based as it already is or make an if then coded argumentation for the maximum number of moves per match for some or all events as an alternative.

Who is “we” and why do you negatively comment on every post

We as in other members that spoke on the same points mentioned.

Speaking negativity is just a matter of personal opinion. We like to think that it is just simple facts. Each one is entitled to their own opinions; write responsibly.

The way you write confused me, you seem to talk as if everything is as a whole or in the third person at the same time, also no matter the skill level the draw is made since we all know that most players won't put themselves into a corner like that and then wait for their opponent to make a checkmate

I think it’s like chess.com uses the USCF rules rather than the FIDE rules, and the USCF rules say that is a draw.

so USCF looks at material, but FIDE looks at theoretical position

I think so, yes