Why is this a draw?

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Ohnoohnoohnonononononono

The opponent's time was out. Why is this a draw? 

Nubuamis

Because the other has not enough material for a check mate

Lagomorph
Ohnoohnoohnonononononono wrote:

The opponent's time was out. Why is this a draw?

To win on time you must have sufficient mating material on the board when your opponent times out. A single pawn is sufficient, but a single knight is not because you cannot force mate with a single knight.

FIDE; USCF; and this site all use slightly different rules but the principle is the same.